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Full Description
'Hidden Champions' are little-known market leaders which hold the top three positions in global markets, have revenue below US$5 billion and a low level of public awareness. The strategies employed by these companies can be contrarian to what large corporations usually do, management gurus preach and the management fads of the day. Success Strategies of Asian Firms looks at extremely successful, yet unknown Japanese world market leaders - the Hidden Champions - and analyzes their strategies in a comprehensive way. It examines the success strategies of the Japanese 'Hidden Champions' and how they compare with their Western peers; why they outperform well-known large corporations; and how they cope with the 'Kaisha Dilemma' - balancing 'Japaneseness' and global integration. Aspiring entrepreneurs, scholars and business practitioners will be intrigued by the lessons this book provides on the 'Hidden Champions'.
Contents
1. Who Are the Hidden Champions? 2. Ambitious Goals 3. Focus 4. Globalization 5. Closeness to Customers 6. Innovation 7. Organization and Human Capital 8. Finance, Ownership, Environment 9. Kaisha Dilemma 10. Conclusion and Outlook



