Barbco TRIBOR Series Operation Manual page 2

Corporate Philosophy and Mission
Barbco Inc. and its president, Jim Barbera are dedicated to not only the success of the organization
but also to the growth and fulfillment of its employees and the surrounding community. To do both requires
the company to be the "best that it can possibly be". To achieve this end, Barbco recognizes that all
members of the company must be focused on a common mission and set of shared goals. Thus in
September 1990 the company established the following Mission Statement and Goals
Mission Statement
Barbco Inc. is dedicated to instilling in all segments of its organization a commitment to the production
of high quality earth boring equipment and accessories. We seek to be recognized as the leader in our
industry in terms of quality products, customer service, innovation, and serving the needs of earth boring
contractors throughout the world supported by a management philosophy which seeks employee
satisfaction and involvement, customer loyalty, and maximization of productivity and profitability.
Goal 1 A Commitment to Quality which
Develops a quality focus to consistently provide our customers with products and services
which meet or exceed their expectations as to reliability, construction, precision and aesthetics.
Goal 2 A Commitment to Service which
Develops an organizational philosophy which is based on the concept that "We will Do what-
ever it takes" to provide quality service to our customers in the most efficient and effective
manner.
Goal 3 A Commitment to Innovation which
Provides an organizational focus on creativity, encouraging the development of procedures and
process which add value to our products and services.
Goal 4 A Commitment to Related Activities which
Expands into areas which complement our basic operations and strengthen our communities.
Goal 5 A Commitment to Employee Development which
Creates an organizational culture that recognizes the value of the individual employee, regard-
less of function, in the overall success of the company, and to provide all employees with
opportunities for career development and education.
Goal 6 A Commitment to Profitability and Growth which
Expands the company in a controlled manner, enabling it to build earnings and a strong capital
base so as to maximize its value to shareholders.
Mission Statement