This past October Jack Lowe, Chairman, TD Industries, was one of the guest panelists at our Annual Servant Leadership Conference. Please read the following about his company.
DALLAS, Jan. 21 /PRNewswire/ -- For the 13th consecutive year, TDIndustries has been named to FORTUNE magazine's "100 Best Companies to Work For" list with a ranking of number 39. TDIndustries is one of only 13 companies to have made the list every year since its inception in 1998, earning the firm the distinction of being a FORTUNE "All Star."
One of TDIndustries' defining qualities, recognized by FORTUNE in its selection, is the firm's Servant Leadership philosophy which provides a guidebook on how to respect and embrace the diverse talents of every employee. TDIndustries uses Robert Greenleaf's essay‚ The Servant as Leader‚ as a blueprint for the firm's behavior. Every TD employee completes Servant Leadership training. As a result of the firm's commitment to this philosophy, TDIndustries has created an environment where employees trust leadership to listen to their thoughts and ideas. TD's leadership, in turn, has learned to trust the judgment of their employees.
According to TDIndustries' CEO Harold MacDowell, "Our culture of trust and mutual respect for every individual has been a key to our growth and success. Because we support each other through good times and tough times, we have created a bond that motivates us to do our best and to seek continuous improvement. Our values guide all of our relationships with our customers‚ our suppliers‚ our communities and among ourselves. We believe in being supportive, honest and transparent in our relationships, and this has contributed to the longevity and loyalty among our employees and customers."
TD is an employee-owned company in which no individual owns more than 2.5 percent of the Company's stock. In addition, 30 percent of TD's profits are returned to the 401K and ESOP programs each year. This significant profit-sharing drives employee engagement at all levels of the organization. To further support the careers of their employees, TD encourages ongoing training and education which is reimbursed 100 percent by the Company, even during tough economic cycles, like we are in now.
Founded in 1946, TDIndustries is the leading mechanical construction, facilities operations, and services provider in the South with annual revenues of approximately $300 million. TDIndustries is headquartered in Dallas, Texas with offices in Fort Worth, Houston, Austin, San Antonio and Phoenix. More information can be found at: www.tdindustries.com.
About FORTUNE's "100 Best Companies to Work For" Methodology
To pick the 100 Best Companies, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Three hundred forty-three companies participated in this year's survey. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about the management's credibility, job satisfaction, and camaraderie. The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring, communication, and diversity.