Mittel-Management
Mittel-management. This is the name of the management theory at the heart of Germany’s success. In general, the term Mittelstand applies to mid-sized companies, many of which shun the limelight, operate from the countryside within the business-to-business or niche market sector, and are operated by anonymous company men. The Mittelstand dominates the global market in an astonishing range of areas, and is predicted to continue to power Germanys export machine for years to come. What can the rest of the world learn from this management structure? Hermann Simon, of Simon-Kucher & Partners, highlights three.
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