Ever since reading Tom Peters's
Liberation Management and Hermann Simon's
Hidden Champions, years ago, I have been enamoured of what is called "mittelstand businesses" - small- to mid-sized companies that have a leadership position in a global niche market.
This week, I read
a blog entry by Tom Peters arguing for a city economic policy that emphasizes mittelstand business - an approach dubbed "
ichironomics" by Rich Karlgaard of
Forbes magazine.
Now I'm wondering: What is the multi-generational economic development vision of our city of Hamilton? And, what (if any) mittelstand companies already make their home in this city?