Tim Noonan

How can corporate leaders curb escalating workforce turnover?
Companies large and small are losing employees at a national rate of 3 to 4.5 million employees per month. And the trend is increasing.
As executives, we know that the impact to our companies goes far beyond lost productivity, which alone drains U.S. businesses of $1.8 trillion annually.
The causes are varied and numerous. The Work Institute identified 52 reasons, which HRForecast then grouped into ten categories. The most common a...

Corporate Leadership is Driving a New Level of Community Involvement
Christmas decorations cheering up retail outlets, supermarkets and business offices aren’t the only signs that the year is winding down. Gentle nudges from non-profits to make our 2021 tax-deductible donations are another indicator.
Good cheer and charity, of course, aren’t restricted to December. And in the case of latter, an increasing number of corporate executives are making giving back to their community an integrated, ...

One of the earliest requirements of a successful business is laying out clear goals and objectives, and that must be followed by outlining an ambitious yet realistic business strategy to attain them.
In my experience, any strategy is “the art of getting things done.” Simply put, an organization’s success relies on its capacity to implement vital organizational processes and decisions effectively, efficiently, and consistently.
A business strategy will continually guide managerial decisions th...

At Lockton Pacific Series, we are fortunate to have many of our industry’s top talent among our leadership ranks.
It didn’t happen by accident.
Building this stellar leadership team required a strategy that combined developing and promoting talent from within the organization with recruiting proven prospects from outside our company.
This mixing of insiders who understand a company’s history, culture, operation and employees with those who gained experience and perspective at other companies ...

We’ve all felt it and seen it in our coworkers – a positive link between job satisfaction and productivity.
When we’re happy with our company and our role in it, when there’s a healthy level of challenge to keep us engaged and when we feel we’re contributing to the team, we are motivated to do our job … and do it well!
But when something happens to turn any of those positive aspects toxic, we can quickly be pushed over the edge with stress that sends both job satisfaction and productivity int...

Managers and leaders play a key role in the function and success of an organization. Bad management can be incredibly detrimental to the organization, both operationally and culturally, and unfortunately, every professional will face working with a bad manager at some point in their career. What makes for a bad manager? Here are a few common management mistakes to avoid if you’re looking to creating a dynamic, productive team in your workplace.
Micromanaging
While from a boss’s perspective mi...

Every business decision has consequences, and with so many factors to consider – and many unknowns we can’t consider – those consequences can be serious. For the executive whose decisions may impact large numbers of employees, vendors and consumers, it can feel like a high-wire ride on a unicycle.
Now, toss ethics into the decision-making process, and keeping balance on that high-wire ride becomes even more challenging.
But making ethical decisions in a commercial world doesn’t have to be suc...

At Lockton Pacific Series, we are fortunate to have many of our industry’s top talent among our leadership ranks.
It didn’t happen by accident.
Building this stellar leadership team required a strategy that combined developing and promoting talent from within the organization with recruiting proven prospects from outside our company.
This mixing of insiders who understand a company’s history, culture, operation and employees with those who gained experience and perspective at other companies ...

One of the earliest requirements of a successful business is laying out clear goals and objectives, and that must be followed by outlining an ambitious yet realistic business strategy to attain them.
In my experience, any strategy is “the art of getting things done.” Simply put, an organization’s success relies on its capacity to implement vital organizational processes and decisions effectively, efficiently, and consistently.
A business strategy will continually guide managerial decisions th...

We’ve all felt it and seen it in our coworkers – a positive link between job satisfaction and productivity.
When we’re happy with our company and our role in it, when there’s a healthy level of challenge to keep us engaged and when we feel we’re contributing to the team, we are motivated to do our job … and do it well!
But when something happens to turn any of those positive aspects toxic, we can quickly be pushed over the edge with stress that sends both job satisfaction and productivity int...

As many professionals continue to work remotely, new challenges and obstacles arise every day. Aside from staying personally accountable, focused and driven, people in leadership roles face the challenge of delivering constructive criticism to others without having the benefit of in-person interaction. While it can feel insensitive to do this remotely, it is important that leaders provide effective feedback and criticism just as they would in pre-pandemic times.
Tip #1: Pick the Right Medium ...

Offices are generally a melting pot of different types of personalities. There are the drama queens/kings, the gossips, the shrinking violets and the go-getters, just to name a few. If you learn to look carefully, however, you will most likely find at least one person that never seems to be involved in major office drama, yet also doesn’t shrink away from confrontation. They never have juicy gossip to offer and they usually don’t provide a willing ear for it either. These are emotionally inte...

It is easy, but dangerous, to maintain the status-quo in business. Though it takes less work to continue doing business as usual, you’re at risk of losing out on market opportunities and being swallowed up by the competition. Today’s digital age demands innovation, and agility to respond quickly to market changes. Technological advances and online disruptors open up the marketplace to a world of opportunity, and even if you don’t change, the market will.
Businesses have access to virtually ev...

Trust is perhaps the most crucial pillar to establishing a positive, sustainable relationship, whether it be with clients, employees or business associates. Building trust does not happen overnight. It takes clear communication, integrity and consistent follow-through (among other factors) over time.
Clear and Authentic Communication
It is never safe to assume. Practical assumptions can be made in any organization or business interaction, however nothing is clear unless it has been expressly ...