No company has yet broken down in terms of profit

The profit counts

Issue 86 - spring 2020

Hermann Simon, discoverer of the “hidden champions”, the little-known world market leader, is probably one of the most renowned management thinkers. The message of his new book is quickly summed up: The profit comes much too short. For example, according to Simon, 80 percent of the companies that recently went public in the United States have never made a profit. Ultimately, however, profit is the only criterion for sustainable success. He uses numerous analyzes and case studies to show what profit-oriented corporate management looks like.

Hermann Simon No company has ever lost its profit, Campus Verlag 2020, 260 pages, EUR 34,00