Overview

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

Values

Customers Talk, We Listen 

  • Maintain a constant focus 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

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

Continuous Improvement (Kaizen) is Our Way of Life

The COLFAX BUSINESS SYSTEM® (CBS) is our culture, and we: 

  • Step out of our comfort zone by setting stretch/breakthrough objectives
  • Demonstrate mastery of CBS tools to help build process capability
  • Experiment and learn everyday
  • Eliminate waste proactively and continuously in every aspect of our business processes
  • Benchmark the best, and then better them

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

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 capital and cash flow

It takes focus, dedication and living our values to achieve success for our customers.  We all play a crucial role in driving our company forward. 

Colfax Business System

The COLFAX BUSINESS SYSTEM® (CBS) is our unique business-management system. It is a repeatable, teachable process that we use to create superior value for our customers, shareholders and associates.  Rooted in our five core values, it is our culture.  CBS provides the tools and techniques to ensure that we are continuously improving our ability to meet or exceed customer requirements on a consistent basis. 

Each year, Colfax associates in every business are asked to develop aggressive strategic plans which are based on Voice of the Customer.    In these plans, we are very clear about our market realities, our threats, our risks, our opportunities and most importantly, our vision forward.   Execution and measurement of our plans is very important to us, which is where the process comes in.  Our belief is that when we use the tools of CBS to drive the implementation of these plans, we are able to uniquely provide the customer with the world class quality, delivery, cost and growth they require.  And that performance is what ultimately helps our customers and Colfax grow and win on a sustainable basis.   

Core values at the foundation, key focus on the customer, hard targets and metrics along the way and a very systematic methodology to make sure we can execute and sustain in every Colfax Business over the long haul.  That in a nutshell is CBS.