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The Edge for December 2024

An Exclusive Article for NJ ChamberEdge

This Month's ChamberEdge Contributors

We asked New Jersey business executives to share how they solicit genuine feedback from members of their team. The answers ranged from informal lunches to town hall meetings. One executive said he holds quarterly one-on-one meetings. Another holds weekly team huddles that last no more than 15 minutes. And another suggested sincerely asking employees what they need help with, and see what they say. Read the full article below.

 

Mike MunozWe Host Lunches and Town Hall Meetings

Building a culture where people enjoy coming to work every day leads to success, so it’s important to find ways to engage with employees and connect with them on a personal level. We value our associates’ thoughts, experiences, and perspectives. Throughout the year, we host informal lunches with senior leadership and we conduct town hall meetings with associates to share business updates and give associates the opportunity to ask questions. Once a year, we conduct a formal survey of our employees to learn how we can better support them.

– Mike Munoz, Senior Vice President & Market President, AmeriHealth

 

Nick MalefytReward Feedback that Helps the Company

While I have used suggestion boxes and exit interviews (people are more “open” when they have nothing to lose), I prefer soliciting feedback in both group and one-on-one quarterly meetings.
I recommend:

  • discussing with employees what is and isn’t working;
  • sincerely asking employees what they need help with, or what they are struggling with;
  • making feedback ‘fun’ by rewarding feedback that helps our company.

We are all in it together.

– Nick Malefyt, President, Master Search Solutions

 

Patrick DailyHold Weekly Team Huddles

When you frequently communicate with members of your team, they’re more likely to be open and honest because they’re comfortable speaking with you. I hold weekly team huddles to brainstorm and make sure we’re on the same page on issues and concerns. I call them “huddles” because they’re tightly focused and quick — usually 15 minutes. I don’t want the team to think they’ll be pulled into lengthy, unnecessary meetings. The feedback is important because when an employee feels they are being heard, they feel more invested in the organization.

– Patrick Daily, Vice President, Member Services, New Jersey Chamber of Commerce

 

Responses for this article were edited for space and clarity.

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Newsmakers

Shannon Lazare

Shannon Lazare has been named M&T Bank’s New Jersey regional president, succeeding Tom Comiskey in the role. Lazare, who joined M&T in 2013 as a senior relationship manager with business banking, has held the role of regional manager since 2019.


Karen McClendon

JCP&L parent company FirstEnergy Corp. announced that Karen McClendon has been named senior vice president and chief human resources officer, effective Nov. 11.


Prudential Financial said Jacques Chappuis has been appointed president and CEO of PGIM, the global asset management business of Prudential Financial, effective May 1, 2025. He succeeds David Hunt, who will retire as president and CEO and stay on as chairman of PGIM until July 31, 2025. With nearly 30 years of investment management experience, Chappuis joins PGIM from Morgan Stanley, where he was co-head of Morgan Stanley Investment Management.


World Cup sponsor Bank of America teamed with FIFA for a second time, signing on as a sponsor for the Club World Cup tournament. Bank of America became FIFA’s first global banking partner in August and sealed a separate deal for a second event also being played in the U.S.


NJIT’s Institute for Space Weather Sciences has been awarded a $5 million NASA grant to open a new research center dedicated to developing the next generation of solar eruption prediction capabilities — powered by artificial intelligence.


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Organ transplant recipients, living donors, and donor families from N.J, N.Y., and Connecticut gathered at MetLife Stadium to celebrate their achievements at the 2024 Transplant Games of America held in Birmingham, Alabama. The group, known as Team Liberty, brought home 118 medals in events such as basketball, track & field, swimming, pickleball and cornhole. They competed against thousands of participants from all 50 states. Team Liberty, a program of the Sharing Network Foundation, works year-round to raise awareness about the importance of organ and tissue donation and transplantation.


Santiago Tenorio

Basking Ridge-based Verizon Communications has appointed Santiago "Yago" Tenorio as chief technology officer and senior vice president of strategy and technology enablement. Tenorio will lead Verizon’s work in advancing 5G and mapping out the next generation of technologies.