Ernst Blissenbach is one of Germany’s most innovative SMEs/Presentation of award by Ranga Yogeshwar
Ernst Blissenbach GmbH’s innovations are setting standards worldwide. The Remscheid-based company develops systems which enable pipes to be produced with particularly smooth internal surfaces, whilst offering maximum reliability for demanding pipe production processes. The company’s innovative lead over the rest of the field is huge – an impressive 15 years ahead of both national and international competitors.
Ernst Blissenbach scored particularly well in the Top 100 competition’s Innovations Marketing category. Its engineers work together with customers to develop tangible solutions, and exchange ideas and information on best practice in joint workshops. This enables the company to check at an early stage whether its innovation projects are feasible and to react swiftly to the needs of the market. Plenty of inspiration for new products also comes from within the company. Managing director Ernst Blissenbach encourages his 15 employees always to think outside the box and places particular emphasis on a no-blame culture. As a result, there is a constant stream of innovative products.
“Generating good ideas and implementing them quickly is an important competitive factor for us,” commented Blissenbach. “This is why we invest a lot of time and money into managing innovation. In doing so, we are relying on the creativity and inventiveness of all of our employees. I should like to extend my heartfelt thanks to them for helping us win this Top 100 award.”
The Top 100 accolade is awarded on the basis of a two-stage analysis developed by Nikolaus Franke, Professor of Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration, and his team. The research scientists use more than 100 parameters in five separate categories to investigate how SMEs manage and generate successful innovations. The decision as to which companies ultimately receive the Top 100 award lies exclusively with the academic coordinators of the project.
This year, Professor Franke and his team reviewed more applicants than ever before, with 234 out of a total of 302 qualifying companies making it into the final. After the finalists had been split into three size categories (maximum of 100 companies in each size category), 178 were awarded the accolade. The German SME summit in Essen provided the setting for the awards ceremony.
The Top 100 are outstanding in every respect: this year’s crop includes 71 domestic market leaders and as many as 31 global market leaders. In the last three years, the top innovators have together applied for a total of 3,405 German and international patents. Nearly 41 per cent of their recent revenues came from new products and innovations, which they brought to the market before their competitors (average of all SMEs in Germany: 6.6 per cent). This success is no accident: the top innovators invest an average of 10.5 per cent of revenues in research and development (average of all SMEs in Germany: 1.5 per cent). Two thirds of the Top 100 are family businesses.
The Top 100 competition
Since 1993, compamedia has been awarding the Top 100 seal of approval to SMEs with particular innovative capacity and above-average success rates for innovations. This project has been coordinated by Professor Nikolaus Franke from the Institute of Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration since 2002. Professor Franke is one of the world’s leading experts in the field of user innovation. The Top 100 is mentored by journalist and television presenter Ranga Yogeshwar, and organised in partnership with the Fraunhofer Society for the Promotion of Applied Research. manager magazin provides media support for the company benchmarking competition. Further information is available at www.top100.de.
compamedia – mentor to Germany’s top SMEs
compamedia GmbH, which was founded in 1993 and employs 15 people, organises the nationwide company benchmarking competitions Top 100 (since 1993) and Top Consultant (since 2010). The company collaborates with prestigious universities on these projects.