310 likes | 512 Views
COLFAX VISION and VALUES. COLFAX VISION. We are dedicated to creating an enduring premier global enterprise built on a unique business culture that. Does all things with integrity, respect and candor Has a deep commitment to excellence to associates and customers as its foundation
E N D
COLFAX VISION We are dedicated to creating an enduring premier global enterprise built on a unique business culture that... Does all things with integrity, respect and candor Has a deep commitment to excellence to associates and customers as its foundation Is known for consistent delivery of world-class performance
COLFAX VALUES THE BEST TEAM WINS CUSTOMERS TALK,WE LISTEN CONTINUOUS IMPROVEMENT(KAIZEN) IS OUR WAY OF LIFE WE COMPETE FOR SHAREHOLDERSBASED ON OUR PERFORMANCE INNOVATION DEFINESOUR FUTURE VALUES
VALUE ATTRIBUTES CUSTOMERS TALK, WE LISTEN Maintain a constantfocus on quality and speed Create unique, value-added and differentiated solutions Execute robust,repeatable processes that consistently meet or exceed customer expectations Promote positive problem resolution Earn our customers’ business
LIVING THE VALUE CUSTOMERS TALK, WE LISTEN 1. CUSTOMER INPUT AND EXPECTATIONS 2. HOW WE DELIVER
LIVING THE VALUE CUSTOMERS TALK, WE LISTEN 1. CUSTOMER INPUT AND EXPECTATIONS Maintain a constant focus on quality and speed Promote positive problem resolution 2. HOW WE DELIVER Create unique, value-added and differentiated solutions Execute robust, repeatable processes that consistently meet or exceed customer expectations Earn our customers’ business
VALUE ATTRIBUTES THE BEST TEAM WINS Exhibit high integrity and respect for others Seek fact-based, root-cause solutions, not blame Be non-political and non-bureaucratic Demonstrate a high sense of urgency Have a strong level of accountability Strive for a safe work environment Take satisfaction in being a valued member of a winning team
LIVING THE VALUE THE BEST TEAM WINS 1. BUILDING THE RIGHT TEAM 2. CREATING THE RIGHT ENVIRONMENT 3. GETTING THE WIN
LIVING THE VALUE THE BEST TEAM WINS 1. BUILDING THE RIGHT TEAM Hire the best talent Develop and build depth Promote from within Retain talent 2. CREATING THE RIGHT ENVIRONMENT 3. Exhibit high integrity and respect for others Be non-political and non-bureaucratic Strive for a safe work environment Have a high sense of urgency GETTING THE WIN Take satisfaction in being a valued member of a winning team Seek fact-based, root-cause solutions, not blame Have a strong level of accountability
VALUE ATTRIBUTES CONTINUOUS IMPROVEMENT (KAIZEN) IS OUR WAY OF LIFE Step out of comfort zone by setting stretch/breakthrough objectives Demonstrate mastery of CBS tools to help build process capability Experiment and learn every day Eliminate waste proactively and continuously in every aspect of our business processes Benchmark the best, and then better them
LIVING THE VALUE CONTINUOUS IMPROVEMENT (KAIZEN) IS OUR WAY OF LIFE 1. CHANGE IS A MUST 2. TOOLS FOR IMPROVEMENT
LIVING THE VALUE CONTINUOUS IMPROVEMENT (KAIZEN) IS OUR WAY OF LIFE 1. CHANGE IS A MUST Step out of comfort zone by setting stretch/breakthrough objectives Experiment and learn every day Benchmark the best, then better them 2. TOOLS FOR IMPROVEMENT Demonstrate mastery of CBS tools to help build process capability Kaizen = improvement Eliminate waste proactively and continuously in every aspect of our business processes
VALUE ATTRIBUTES INNOVATION DEFINES OUR FUTURE Generate breakthrough ideas for technology, products, solutions and processes Provide differentiated customer solutions Create products and services that improve quality of life and environmental stewardship Deliver above market growth
LIVING THE VALUE INNOVATION DEFINES OUR FUTURE 1. CREATIVE THINKING 2. INNOVATION GOALS
LIVING THE VALUE INNOVATION DEFINES OUR FUTURE 1. CREATIVE THINKING Generate breakthrough ideas for technology, products, solutions and processes 2. INNOVATION GOALS Provide differentiated customer solutions Create products and services that improve quality of life and environmental stewardship Deliver above market growth
VALUE ATTRIBUTES WE COMPETE FOR SHAREHOLDERS BASED ON OUR PERFORMANCE Develop strong, comprehensive strategic plans Build effective operating plans to execute the strategic plan Drive toward absolute best-in-class results to maximize profits, working capitaland cash flow
LIVING THE VALUE WE COMPETE FOR SHAREHOLDERS BASED ON OUR PERFORMANCE 1. BEST-IN-CLASS RESULTS
LIVING THE VALUE WE COMPETE FOR SHAREHOLDERS BASED ON OUR PERFORMANCE 1. BEST-IN-CLASS RESULTS Develop strong, comprehensive strategic plans Build effective operating plans to execute the strategic plan Drive toward absolute best-in-class results to maximize profits, working capital, cash flow
WE LIVE OUR VALUES CUSTOMERS TALK, WE LISTEN The voice of the customer will always drive the development of our strategic plans and actions. THE BEST TEAM WINS Team-oriented, involved associates are our most valuable resource, and we are passionate about attracting, developing and retaining the best talent. CONTINUOUS IMPROVEMENT (KAIZEN) IS OUR WAY OF LIFE Set breakthrough objectives, experiment and learn every day, eliminate waste in our business processes, and benchmark the best, then better them. INNOVATION DEFINES OUR FUTURE Individual and organizational creativity will drive breakthrough ideas for technology, products, solutions and processes. WE COMPETE FOR SHAREHOLDERS BASED ON OUR PERFORMANCE To consistently attract and retain loyal shareholders, we must deliver best-in-class results for profits, working capital and cash flow.
FORMULA FOR SUCCESS VALUES-DRIVEN BUSINESS MODEL
COLFAX VISION We are dedicated to creating an enduring premier global enterprise built on a unique business culture that... Does all things with integrity, respect and candor Has a deep commitment to excellence to associates and customers as its foundation Is known for consistent delivery of world-class performance
Appendix CBS Model