Scarinci Hollenbeck, LLC, LLCScarinci Hollenbeck, LLC, LLC

Firm Insights

Does Your New Jersey Business Need a Chief Culture Officer?

Author: Robert A. Marsico

Date: April 18, 2016

Key Contacts

Back

Does Your New Jersey Business Need a Chief Culture Officer?

Businesses are increasingly becoming more “creative” when awarding titles to corporate executives. Examples include chief experience officers, chief customer officer, and chief knowledge officers to name a few.

One new leadership position that is gaining traction is the Chief Culture Officer. As the title suggests, the role of the CCO is to keep an eye on the company’s organizational culture and ensure that the company’s strategic vision is being carried out from top to bottom. For many companies, top concerns for a chief culture officer include brand consistency, corporate ethics, and employee compliance.

chief culture officer

Google was one of the first companies to appoint a chief culture officer when it bestowed the title on its head of human resources in 2006. The role has grown more important as the company has grown from a search engine provider to a multi-national conglomerate. Other companies with a CCO include Sea World Entertainment Inc. and Zappos.com, Inc.

NJ Businesses Adopt Chief Culture Officers

Locally, a number of businesses across New Jersey are taking steps to address corporate culture. For example, Goya Foods places emphasis on making employees happy, which, in turn, makes them more productive. Accounting firm WithumSmith + Brown, which has several offices in New Jersey, actively monitors its culture.

WithumSmith CEO William “Bill” R. Hagaman told New Jersey Business Magazine, “Culture is something like a flower: You need to water it, you need to prune it at times, and you need to take care of it. If you don’t, it is just going to wilt and go away. [Corporate culture] is not something of which you can say: ‘We’ve got a great culture, and all of a sudden I can sit back and just let it go.’ We need to be thinking about it every day, regarding how we can make it better.”

While concerns about company culture often arise during mergers and acquisitions, proponents of the chief culture officer position argue that culture must be continually monitored and cultivated. “Cultures that encourage inappropriate behavior and inhibit change to more appropriate strategies tend to emerge slowly and quietly over a period of years, usually when firms are performing well,” according to John Kotter and James Heskett’s book Corporate Culture and Performance. “Once these cultures exist, they can be enormously difficult to change because they are often invisible to the people involved, because they help support the existing power structure in the firm.”

However, as positions in the C-suite continue to grow, many are asking where to draw the line. After all, how many “chiefs” can one company have? The bottom-line is that corporate titles should mean something. Without the necessary authority, resources, and infrastructure to support the position, the office of chief culture officer may only serve as a window dressing.

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Scarinci Hollenbeck, LLC, LLC

Related Posts

See all
Zoning Laws Explained: What You Need to Know Before Buying Property post image

Zoning Laws Explained: What You Need to Know Before Buying Property

Before buying property, it is critical to determine whether local zoning laws may affect your plans. If you plan to redevelop the property, you will want to confirm that local zoning regulations permit development as intended. If acquiring property that is already developed, you must verify that the use is permitted in the underlying zoning […]

Author: Wendy Rubinstein Quiroga

Link to post with title - "Zoning Laws Explained: What You Need to Know Before Buying Property"
Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future post image

Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future

For parents of a child with a disability, estate planning raises concerns that go well beyond deciding who will inherit their assets. Parents may spend years making sure their child has the right care, services, and support. Eventually, they must also confront a difficult question: Who will take over when they can no longer do […]

Author: George McGowan

Link to post with title - "Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future"
What Every Real Estate Investor Should Know Before Buying a Rental Property post image

What Every Real Estate Investor Should Know Before Buying a Rental Property

Before buying a New Jersey rental property, an investor should verify realistic operating numbers, the property’s legal and regulatory status, lead-based paint and flood compliance, the existing leases and tenant protections, and the right ownership structure. A rental property is more than a piece of real estate; it is an operating business subject to legal, […]

Author: Donald M. Pepe

Link to post with title - "What Every Real Estate Investor Should Know Before Buying a Rental Property"
Can You Change an Irrevocable Trust in New Jersey? post image

Can You Change an Irrevocable Trust in New Jersey?

In New Jersey, an irrevocable trust can sometimes be modified even though its name suggests otherwise, and one of the primary tools for doing so is a process called decanting. Whether decanting is available depends on the specific terms of the trust and the discretion given to the trustee. Key takeaways: New Jersey has no […]

Author: Marc J. Comer

Link to post with title - "Can You Change an Irrevocable Trust in New Jersey?"
How Intellectual Property Valuation Will Impact Business Transactions post image

How Intellectual Property Valuation Will Impact Business Transactions

Intellectual property valuation determines the monetary value of a business’s IP assets, and it drives outcomes in licensing deals, joint ventures, mergers and acquisitions, financing, and ownership disputes. The most valuable assets of a business are often the things that cannot be seen or touched: a proprietary process, a copyrighted work, brand recognition, or the […]

Author: Jay McDaniel

Link to post with title - "How Intellectual Property Valuation Will Impact Business Transactions"
Data Center, Dark Fiber, and Lit Services Agreements in New Jersey: Key Terms and Legal Pitfalls post image

Data Center, Dark Fiber, and Lit Services Agreements in New Jersey: Key Terms and Legal Pitfalls

For New Jersey data center owners and operators, a service agreement may look routine when it is signed. The network is functioning, the vendor is meeting its installation schedule, and the parties have agreed on pricing and performance specifications. The provisions that seem most important at that stage are often the technical ones. That changes […]

Author: George McGowan

Link to post with title - "Data Center, Dark Fiber, and Lit Services Agreements in New Jersey: Key Terms and Legal Pitfalls"

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Sign up to get the latest from our attorneys!

Explore What Matters Most to You.

Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.

Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.

Let`s get in touch!

* The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. Message frequency may vary. You can reply STOP to opt-out of further messaging.
“If you would like to submit a file, please email it directly to info@sh-law.com.

Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!