Business the Colt way: entrepreneurship and financial stability
Jack O'Hea, founder of the Colt Group, established his business on the basis of entrepreneurship, stability and managed growth. These principles have guided the way he and his successors have run the company to this day, earning Colt's reputation as a solid business.
This approach underpins everything we at Colt do - the products we make, the services we provide, the way we treat others.
As conscientious citizens, we are aware that everything we do has a financial implication and apply four key financial principles to safeguard our business, our people and the environment we operate in.
Foresight
We plan our success. We model possible future pathways, costing them out and analysing likely revenue streams, subjecting them to rigorous analysis and challenge before committing to them. We invest in the future.
Risk management
We analyse risk and assess the magnitude of impact and likelihood of occurrence of possible risks, and implement mitigating measures before taking the next step.
Liquidity
We manage our projects so that we have sufficient capital to complete them and keep the business going.
Stakeholders' buy-in
We ensure we have the full support of all our stakeholders before launching projects, expansion plans and new strategies.
