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German business consultant Simon suggests that there is much to learn from studying the practices of lesser-known companies that have quietly succeeded in unique or specialized market niches. Because Simon is based in Bonn, most–but not all–of his examples are German. They all are, however, relatively unknown, small or midsize, and worldwide leaders in their markets, making mundane products, such as bottle-labeling machines, model railways, … [ Read more ]

Content: Book | Author: Hermann Simon | Subjects: Best Practices, Management

If you’re looking for companies with the greatest global market share, throw away the usual top ten lists. The real superperformers are what Hermann Simon calls “Hidden Champions”, firms that relish their anonymity and approach success in unconventional ways. In this article, he summarizes highly contrarian findings in nine points: 1. Authoritarian-Participative Leadership 2. Overambitious Goals 3. Reliance on Own Strength 4. More Work Than … [ Read more ]

Content: Article | Author: Hermann Simon | Source: ManagementFirst | Subjects: Best Practices, Management

This site focused on reengineering is in the process of being rebuilt (unsure how long it has been in that state). The features offered are limited, but the library of articles is of value.

Content: Online Resource | Source: Coe-Truman Technologies | Subjects: Best Practices, Management

The valuation of New Economy players represents a bet by the world’s financial markets that a few companies will leverage the Internet to fundamentally change the competitive game in their industries. It is a gamble that powerful, low-cost business models will emerge; that new businesses will rise from disintermediated value chains, and that some companies will exert such influence that they will generate extraordinary long-term … [ Read more ]

Content: Article | Authors: Charles E. Lucier, Janet D. Torsilieri | Source: strategy+business | Subjects: Best Practices, Strategy

The most profitable companies are those that make the smartest decisions about allocating resources among marketing, sales and service efforts, according to a new study. The research also reveals which specific investments in attracting and retaining customers have the most impact.

Content: Article | Authors: Mark T. Wolfe, Stephen F. Dull, Timothy Stephens | Source: Outlook Journal (Accenture) | Subjects: Best Practices, Customer Related

Context Integration is a fast-growing company with lots of bright ideas — and a Web-based knowledge network to test, track, capture, and share those ideas.

Content: Article | Author: Chuck Salter | Source: Fast Company | Subjects: Best Practices, Knowledge Management