Tim Noonan is chairman of Lockton Pacific, where he channels his 38 years of experience in the insurance industry and executive leadership to drive the company’s extraordinary growth and stance as an industry innovator. Lockton Companies is the largest privately owned, independent global insurance broker that specializes in insurance, retirement services, risk management, and employee benefits consulting, serving more than 52,000 clients across the globe with a team of more than 7,500 professionals.
After Tim Noonan took the helm as President and CEO of Lockton Pacific Series before the age of forty, he surpassed his vision to grow the company to become among the top three insurance brokerages in Los Angeles. Since 1996, he has led Lockton Pacific Series through exponential growth, from 46 Associates and annual revenues of $6.9 million to more than 700 Associates in eight offices and $278 million in annual revenues. His vision to compete on the global stage drives his growth strategy, which has focused on positioning the Lockton Pacific Series as an important gateway to Asia and Latin America. Tim and his team have developed avant-garde risk management and insurance programs for middle-market to Fortune 500 companies in diversified industries, including some of the foremost private equity and alternative asset management firms.
Whether the stress that many Americans face is due to physical fatigue, emotional exhaustion, or cognitive distress, these stressors can affect employee productivity alongside a company’s retention rate.
Today, your company’s success is measured by more than its financial statement. A healthy bottom line is simply the baseline upon which other yardsticks are stacked. It’s part of a “people first” philosophy that companies are being encouraged to adopt – not to the exclusion of profitability, but as a precursor to it.
So how do you bridge the gap between an idea and a reality? Transforming an idea into something tangible requires one to balance two conflicting mindsets: optimism and pragmatism. While there may not be a handbook or magic formula to achieve what may seem “the impossible,” there are simple considerations and processes that can help you ensure your next big idea can, in fact, turn into a reality.