4 ms·
In Germany, there is a very related term called Mittelstand [1], which denotes long-standing businesses with similar values of nimbleness and long-term focus, i
by giovannibonetti 2y ago
In Germany, there is a very related term called Mittelstand [1], which denotes long-standing businesses with similar values of nimbleness and long-term focus, instead of short-term gains as in manager-mode companies.
These businesses usually don't grow that much, but they are very stable over time, even across economic downturns, because the owners/founders think long term.
[1] https://en.m.wikipedia.org/wiki/Mittelstand https://en.m.wikipedia.org/wiki/Mittelstand