Hand tool manufacturer Wiha has made it into the TOP 100 list for Germany’s SME sector, at the Germany SME Summit last month in Essen.
Wiha impressed the judges with its commitment to a culture of innovation and the company said it was delighted to have its deep-rooted attitude to change, optimisation and progress acknowledged.
The prize was awarded by the innovation competition presenter and mentor Ranga Yogeshwar at the event. In the selection process, participating companies were assessed by Prof. Nikolaus Franke and his team at the Institute for Entrepreneurship and Innovation at Vienna University of Economics and Business. Over 100 parameters in the five assessment categories of “Innovative Spirit of Senior Management”, “Innovative Climate”, “Innovative Processes and Organisation”, “Innovative Marketing/Outward Orientation”, and “Innovative Success” were analysed.
“This is a fantastic confirmation of the strategy we uphold,” said Wilhelm Hahn, Managing Director of Wiha Werkzeuge. “Innovation, continuous improvement and change are firmly anchored in our company philosophy. The company’s management itself has always been a driving force.”
Managing directors Wilhelm and Wilfried Hahn and Ronny Lindskog added that development, growth and success can only be achieved through the ability to question things, embrace creative change, or develop new ideas and innovations.
Based in the Black Forest, Wiha was founded in 1939 and holds numerous patents and design awards.