Hidden Champions in Kazakhstan
Christian Kahl from Beijing Jiaotong University and Aigerim Raimzhanova from Narxoz University in Almaty will present a report on Kazakhstan's "hidden champions". Hidden champions (the term, coined by the German researcher Hermann Simon) are leaders in their markets, often grow rapidly, but are distinguished by a low level of publicity
Time: 11:00 AM - 12:30 PM (Moscow time, UTC +3)
Dr. phil. Christian KAHL, Associate Professor, School of Economics and Management, Beijing Jiaotong University, Beijing, China
Dr. Aigerim RAIMZHANOVA, Director of the International Development and Partnerships Office at Narxoz University, Almaty, Kazakhstan
Hidden champions are relatively small but highly successful companies, that often show rapid growth. The term was coined by the Founder and Honorary Chairman of Simon-Kucher, Professor Hermann Simon. He first used the term as a title of a publication in a German management journal, describing the small, highly specialized world-market leaders in Germany. According to his definition, a company must meet three criteria to be considered a hidden champion:
- Number one, two, or three in the global market, or number one on the company's continent, determined by market share
- Revenue below $5 billion
- Low level of public awareness
While a high proportion of these come from the German-speaking Mittelstand, there are a lot of highly profitable, relatively small and mostly unknown companies originating in many countries around the world. These companies are world leaders in what they do, but they are also very private and all too often their many innovations and achievements go unnoticed.
Companies across the world, including those of Kazakhstan, strive for transparency, development, and innovation. Yet, the market share, internationalization aspect, and market visibility may not always mean hidden champion status. We often met with a paradox when a company was innovative, successful, and rapidly developing, and yet, due to a certain factor (i.e., being a national company or not hidden), it could not be included in the research. In other words, if it was innovative and international, but a small company, it had to be dropped from the hidden champion list. Also, a hidden champion must be a regional leader, but not too well-known to the market. Meanwhile, in Kazakhstan and the Central Asian region, big companies are mostly well-known.The presentation of Hidden Champions in Kazakhstan is structured in 3 parts. Firstly, we will give a brief overview of Kazakhstan (history, geographics, economics). Secondly, we will introduce the 2019 Hidden Champions, and thirdly, we will present challenges and opportunities for future Hidden Champions in Kazakhstan.
Dr. phil. Christian Kahl studied at the Friedrich–Schiller University in Jena, Germany. He earned his Master in Education Science, Sociology and Psychology and his PhD in Philosophy (Magna Cum Laude). He joined the Erasmus exchange program and studied for a year at Essex University Colchester, UK. His PhD. thesis discover the boarding school teacher education and training for highly gifted children in Thuringia, Germany. Since 2007 he is living and working in various Asian countries, where he has worked at Les Roches in Shanghai, China, Taylor’s University Subang Jaya, Malaysia, Almaty Management University Almaty, and currently at Beijing Jiaotong University Beijing, China. At BJTU he holds an Associate Professor position at the School of Economics and Management (EQUIS, AACSB, AMBA, BGA accredited). His teaching and interests over the last 15 years are connected education with management. His focus lies on Cross-cultural Management and Human Resource Management, where he is researching on Higher Education Development.
Dr. Aigerim Raimzhanova has graduated with a B.A. degree from the University of Rochester (Rochester, NY, USA), received a master’s degree from Regents University in Management, and earned a Ph.D degree (magna cum laude) from a joint program between the Institute for Cultural Diplomacy (Berlin, Germany) and the University of Bucharest (Bucharest, Romania). The dissertation topic was “Power: hard, soft or smart? Education as a resource of smart power in Kazakhstan”. Aigerim has extensive administrative experience that includes the coordination of research centers, libraries, PhD programs and international development. Currently Aigerim is the director of the International Development and Partnerships Office at Narxoz University. A. Raimzhanova's teaching experience includes bachelor, master and doctoral courses in Kazakhstan and abroad.
The webinar will be held online on the Webinar platform. Completing a short registration form will be required before connection.
Link to connect: https://hse.webinar.ru/7808675/11391493 (press ‘Sign Up’ button to register and join the event)
Registration is open until the start of the workshop.
The workshop is part of the research project "High Growth Companies", carried out by the Institute of Innovation Management of the HSE Graduate School of Business.
For any questions please contact Alexander Stepanov, email@example.com