How we do it

Our proven model is a system that creates value and is embodied in the culture of every Indicor business.  At its core our model leads with a customer-centered, niche market focus, supported by operational discipline and a desire for continuous improvement, and anchored on a foundation of independent, accountable leaders who always act with integrity.

What makes a business an Indicor Business?

Indicor businesses are characterized by three principles:

Best-in-class engineered solutions:  Our businesses offer highly engineered, mission-critical solutions in attractive niche markets, where our teams derive unique insights through their intimate relationships directly with end users.

Strategic value creation model:  We have a collection of solid businesses with long heritage and asset-light operating structures, led by experienced, independent leaders who have a strong bias toward continuous improvement and M&A.

Strong financial results:  Our businesses have achieved robust sales growth delivering high margins and strong cash generation, while allocating capital in a very disciplined manner.

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Culture

Habits reinforced over time become how we think and act every day.  This is the basic tenet of continuous improvement.  Indicor Business Excellence (IBEX) delivers sustained performance improvements over time, building upon each other and compounding results.  Our culture is based on three pillars:

We Build

We work hard to build value for our customers.  We bring them technology and expertise that they use to meet their goals.  Our customer relationships are deep and built on mutual trust in solving critical problems.

We Serve

We are accountable and deliver on our commitments to our customers, employees, and investors. We seek to improve our performance continuously with the humble view that anything can be made better. We always act with integrity.  Always.

We Win

Our customers win based on the value we build together. Our employees win by being part of a mission-driven organization that offers rewarding careers working on some of the biggest challenges facing our world. Our investors win through exceptional growth at best-in-class financial returns. We work hard with a relentless desire to win and the constant pursuit of customer excellence.

Tools

We use our IBEX toolkit to improve operating results, deliver innovation for customers, and drive a sense of urgency and accountability.  Our tools are focused on driving improvements across several areas of the business.

Cost Excellence

We improve our cost position to increase customer value, which can include product cost, operating cost, life-cycle value, digitization, and many other sources of value that improve productivity.

Growth Acceleration

Our agile, customer-focused business structure ensures our business units are nimble to assess customer needs through close engagement, using rapid prototyping, testing, and developing of new solutions.
We focus on manufacturing productivity by developing and engineering solutions designed to optimize production workflows, improve first-pass yields, reduce rework, and resolve hidden factories.
We delight our customers through on-time delivery of defect-free products and easy-to-use processes.

Cash Efficiency

We seek to create value through ideas not capital.  Our lean operating tools allow our teams to optimize our working capital and make the most efficient use of growth capital.