How To Build a Generational Company
Crafting a company that spans decades and generations takes effort, gumption, and patience. AT IDFL, we’ve implemented those three elements effectively and thoroughly throughout our company and have subsequently been around for a while now. In fact, we are the epitome of a generational company. We are the global leader in auditing and testing for filled textiles, were founded in 1978, and have spent over forty years becoming the global leader in auditing and testing for filled textiles.
But that didn’t just happen overnight.
It happened overtime as we implemented components and values of integrity, transparency, and sustainability of supply chains related to textile products and raw materials. If you want to create a multigenerational company based in the textiles industry, you need to focus on a few things:
- Build up Experience: Retain your employees as long as you can because that will create incentive for incoming employees–they’ll see that the people who work for you enjoy it and stick around.
- Attention on Accuracy: All samples submitted to IDFL for testing undergo two separate testing interactions to guarantee accurate results.
- Be Accessible: We have offices around the world with knowledgeable and trained staff who are available 24/7.
- Implement Efficiency: At IDFL, we’ve created an efficient system that gives test results within hours and audits results within a couple weeks.
Putting all of this into practice requires one foundational thing: a core group of solid, dependable, trustworthy employees.
Employee Retention
IDFL was founded in 1978. When you work out the math, you’ll come to realize that we’ve been around for more than forty years, and what our success boiled down to was building a company that people actually like the idea of working at.
It’s no secret that today’s working world is seeing lower and lower rates of employee retention. There are even new companies thriving in making a profit on helping other companies create reasons and incentives for employees to continue working for them.
We don’t have that problem at IDFL. Team members have stuck with us from the founding days of the company, lending their decades of experience to incoming employees and making our company invaluable in what we can offer from literally forty years of combined knowledge and expertise.
We’re rooted in principles of integrity, accuracy, and optimism. We are also open to change and embrace life-long learning. These foundational principles keep us grounded and stable but flexible enough to change and adapt as the years progress.
Making Work Like a Family
IDFL was created to be passed down to incoming generations, much like a family member passes down possessions, knowledge, and wisdom to the children and grandchildren. Our goal is to support our employees in their goals and aspirations inside and outside the workplace.
To power our successes and propel our overall company goals and aspirations into the future, our team worked and continues to work hard at fostering a company environment that is welcoming, genuine, and encouraging of creativity and ideas. Work is not your family, but it can be a close second and nearly as rewarding if the needed principles are in place and adhered to.
IDFL: In It For The Long Run
Our mission is to guarantee the quality of filled textile products and their raw materials components. That might not sound wildly exciting, but our talented, dedicated employees who have been with us for decades and our years of company excellence in making the workplace feel like a family say otherwise.