Mankiewicz is one of the most innovative medium-sized companies in Germany
Hamburg – Success through business foresight: On June 26, Mankiewicz Gebr. & Co. was awarded during the German Medium-Sized company Summit in Essen for being one of the most innovative medium-sized companies in Germany. “Top 100“ mentor Ranga Yogeshwar presented the Hamburg company with the “Top 100“ seal, an award which was created over 20 years ago. Beforehand, Mankiewicz had undergone a two-stage scientific analytic process.
Mankiewicz has two reasons for celebrating this year: Next to being awarded the “Top 100“ seal the company also celebrates its 120 year anniversary. Originally founded in 1895 as the independent subsidiary of an English paint factory, the company started out producing paint for coaches according to original English formulations. Nowadays, more than 1,100 employees worldwide develop and sell innovative paints for high-tech sectors such as the aviation, automotive and general industry markets. Of these employees, 300 engineers work in the service sector. “Our main focus is on product innovations, for example on paints with optimum resistances which protect surfaces from corrosion and other weather influences. Our major goal lies in the long-term value maintenance of our international customers´ commodities”, says Mr Michael Grau, Mankiewicz´s managing director.
The company philosophy of the globally active paint manufacturer is clearly focused on innovations which will benefit the customers. Investments in the area of research and development as well as a state-of-the-art production department are the foundation for the company´s success. Being a top innovator, Mankiewicz is also dedicated to trade associations and universities. Moreover the company attaches great importance to its employees´ professional training. Annual strategic meetings and regular innovation meetings are held in the various business sectors.
“Mankiewicz, a company with a long tradition, stands for coating concepts of the future and the implementation of market demands into customized solutions”, explains Mr Michael Grau. “Flexibility, innovativeness and the imagination of our employees are the keystones for a steady and dynamic product development. The “Top 100” award is an appropriate confirmation of our actions to date and an incentive for the innovative development of our company in the future”, emphasizes Mr Grau. The basis for being awarded the “Top 100” seal is a two-step analytic process developed by Professor Dr Nikolaus Franke (professor for entrepreneurship and innovation) and his team at the Vienna university of economics. The scientists analyze innovative management
and innovative success of medium-sized companies by means of more than a 100 parameters in five categories. The scientific management alone decides who will be awarded the “Top 100” seal.
This year, Professor Franke and his team have checked more applicants than ever: of 302 applicants 234 made it to the final. Of these, 178 will receive the award in thee size ranges (100 companies maximum per size range). The award ceremony will take place within the framework of the German Medium-Sized company Summit in Essen.
The “Top 100“ are excellent in every respect with 71 national market leaders and even 31 world market leaders among them. Combined, the top innovators have filed 3,405 national and international patents in the last three years. They achieved nearly 41 per cent of their turnover with innovations and advancements which they launched quicker than the competitors (average of all small and medium-sized businesses in Germany: 6,6 per cent). This success does not come out of the blue: On average, the top innovators invest 10,5 per cent of their turnover in research and development (average of all small and medium-sized businesses in Germany: 1.5 per cent). Two thirds of the “Top 100” companies are family enterprises.