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The research project for the TV series Hidden Champions South Africa will focus on profiling South African companies that are market leaders globally, yet not well-known to the public.
This project will not only shine a light on South African businesses that are globally significant but also promote a culture of innovation, resilience, and excellence across the South African business community.
Thank you for participating in our search for South Africa's Hidden Champions—businesses that are leading their industries globally, growing exponentially, yet are relatively unknown to the public.
Your nominations will help us identify and celebrate these companies in an upcoming TV series. Please complete this short survey to nominate a deserving business.
Please contact us if you cannot find an answer to your question.
The term Hidden Champions was coined by German business professor Hermann Simon, author of the book Hidden Champions: Lessons from 500 of the World's Best Unknown Companies.
According to Simon, Hidden Champions are relatively small, highly successful companies that are global market leaders in their industries but remain largely unknown to the general public.
Simon identifies three main criteria for a company to be considered a Hidden Champion:
These companies often achieve their success by focusing on innovation, deep specialization, high-quality products, and a strong customer-centric approach. They also tend to be highly export-oriented, thriving in international markets despite being smaller than large multinational corporations.
Simon's research shows that Hidden Champions are key drivers of employment and economic stability in their respective regions.
Here are the detailed criteria used to identify Hidden Champions according to Hermann Simon:
These firms represent a unique blend of market dominance in niche areas, innovation, and sustainable growth, while often remaining off the radar of the general public. Simon’s research shows that they play a critical role in economic development, often being highly export-oriented and resilient in times of crisis.
The research on Hidden Champions and their evaluation criteria comes primarily from Hermann Simon's seminal works, including:
For further details on Simon’s methodology, you can refer to these books and sources like Springer’s research publications.
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