Dictionary

hidden champion en · NOUN

Etymology

Coined by German businessman Hermann Simon in 1996.

Meanings

1. A relatively small and little-known but highly successful company.
   • That adaptability is what sets Germany apart from many other economies, argues Schmieding, and can be attributed to its large number of small and medium-sized businesses — its Mittelstand — which are able to react “nimbly to a shifting competitive landscape.” “Germany is the undisputed global champion of ‘hidden champions’,” he said. 2023 August 24, Anna Cooban, quoting Holger Schmieding, “Why some are calling Germany 'the sick man of Europe' once again”, in CNN:
   • Omnipresent but obscure, family owned but by no means puny, Beckhoff is among thousands of “hidden champions” that account for much of Germany's prowess as a manufacturer and exporter. 2012 April 14, “What Germany offers the world”, in The Economist:
   • Since one of the disadvantages of being a hidden champion is that by striving to remain understated and hidden from the public and, more importantly, large global competitors, the champion also remains somewhat hidden from highly skilled employees and university graduates as a potential employer. 2016, David B. Audretsch, Erik E. Lehmann, The Seven Secrets of Germany: Economic Resilience in an Era of Global Turbulence, Oxford University Press, →ISBN, page 32:

Forms

Relateds

big fish in a small pond