The Learning Leader Show With Ryan Hawk

125: Garry Ridge – How To Build A Tribal Culture (CEO WD-40)

May 18, 2016
Garry Ridge, President and CEO of WD-40 Company and co-author of "Helping People Win at Work," shares insights on building a thriving organizational culture. He emphasizes the importance of empathy and active listening in leadership. Garry discusses how he transformed WD-40 from $250 million to $1.6 billion by prioritizing employee engagement and avoiding layoffs. He highlights the significance of clear goals and rigorous hiring processes that align with core values, showcasing how a supportive culture can drive both employee satisfaction and financial success.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Leadership Creates Engagement

  • Employee disengagement is often leadership's fault due to lack of care, candor, and accountability.
  • WD-40 created a 'tribal culture' with 94% employee engagement by fostering belonging and shared values.
INSIGHT

Employee Satisfaction Predicts Sales

  • The metric that best predicts long-term sales success is employee satisfaction.
  • WD-40's high employee love for the company correlates with its market success.
ANECDOTE

No Layoffs During Crisis

  • During the 2008 financial crisis, WD-40 chose no layoffs and increased training.
  • This approach led to its best company year post-crisis, proving 'don't waste a good crisis'.
Get the Snipd Podcast app to discover more snips from this episode
Get the app