2016

HBR:Germany’s Midsize Manufacturers Outperform Its Industrial Giants

Called the Mittelstand in German, this class of highly specialized, often family-owned businesses makes up the backbone of the national economy. Germany is ranked fourth in the global economy, but it’s home to only 28 companies in the Fortune 500. Great Britain and France each have more. But when it comes to little-known leaders in their market, Germany has 1,307 “hidden champions,” nine times as many as those two countries combined.

Link: https://hbr.org/2016/08/germanys-midsize-manufacturers-outperform-its-industrial-giants

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Good things take time and aren’t easy

The things that give us deep happiness are inherently things that take longer and have a big element of meaning in them. Running a marathon, writing a book, doing a start-up, climbing a mountain, being successful in some project… Whatever it is, the things that people report as important parts of their lives are ones that don’t fit with our pleasure principle. If you ask yourself what is it that all of those things have, it is meaning.

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