1 of 1 people found the following review helpful
The ONLY useful book for small, niche businesses,
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This review is from: Hidden Champions: Lessons from 500 of the World's Best Unknown Companies (Hardcover)
It's a tragedy that this book is out of print, as it is the only business book that I've ever read that is directly applicable to small businesses. The first thing to realise is that "small" doesn't refer to number of employess or turnover necessarily. Small businesses seek to DO ONE THING well, rather than do lots of things. These are the titular Hidden Champions.
The consequence of this is that almost everything you get taught on an MBA is worse than useless if you are in a small business. Look at your competitors? Why? As a Hidden Champion you are already the market leader, why look backwards? There is a wealth of useful material here, and the summary at the end provides a great "audit" - I pulled it apart and created an excel questionnaire in a couple of hours that we used as the basis for a senior management discussion.
Sad to hear Mr Simon's consultancy doesn't live up to the promises of the book.