Hidden Champions in CEE and Turkey
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CEEMAN in cooperation with IEDC-Bled School of Management published a new book titled "Hidden Champions in CEE and Turkey – Carving Out a Global Niche". The book was edited by Peter McKiernan of the University of Strathclyde, Glasgow, and Prof. Danica Purg of CEEMAN and IEDC. It was published by Springer.

Hidden champions are highly innovative, differentiated and specialized small or medium-size companies holding lead market positions in narrow market segments internationally. They successfully ride on a wave of global competitiveness and demonstrate a capacity to grow even in an economic turndown.

The book is an outcome of extensive research undertaken by over 30 researchers in 15 countries, covering many contexts, political systems, cultures, and infrastructures:  Albania, Belarus, Bosnia and Herzegovina, Croatia, Estonia, Hungary, Latvia, the Republic of Macedonia, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, and Ukraine.

This book will surprise you, as it surprised me. I was flabbergasted when I first learned of the sheer number of hidden champions in the CEE countries. Many of these mid-sized world market leaders are truly high-tech and world class”, claims Prof. Hermann Simon, whose bestselling book Hidden Champions of the 21st Century inspired the research on hidden champions in Central and Eastern Europe. Prof. Simon generously shared his research methodology.

This book is an invaluable resource, providing a culmination of interdisciplinary, cross-study chapters, ranging from leadership to performance drivers; from organization to culture and governance; from innovativeness to sustainability and further to the financial aspects of hidden champions business models. These meta level chapters are followed by 15 country-specific chapters providing an overview of each country’s history, economic indicators, and vignettes of the hidden champion cases involved in this study.

In Hidden Champions in CEE and Turkey – Carving Out a Global Niche you can read and learn about leadership of hidden champions, their ownership, organizational culture and organizational governance, innovation behavior, marketing approach, and financial and sustainability aspects of their business models.

In short, this book is:

  • the first book on globally leading, niche-market small and medium-size enterprises in Central and Eastern Europe and Turkey
  • a presentation of comprehensive research and overview of hidden champions in Central and Eastern Europe and Turkey
  • a collection of interdisciplinary and cross-study chapters on leadership, organizational innovation, sustainability, and financial aspects
Order the book from Springer

Learn more about the Hidden Champions research project at