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
Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know post image

Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know

For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]

Author: George McGowan

Link to post with title - "Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know"
Estate Planning for Digital Assets Under New Jersey Law post image

Estate Planning for Digital Assets Under New Jersey Law

As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]

Author: Marc J. Comer

Link to post with title - "Estate Planning for Digital Assets Under New Jersey Law"
The Role of Representation and Warranty Insurance in M&A Transactions post image

The Role of Representation and Warranty Insurance in M&A Transactions

In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]

Author: George McGowan

Link to post with title - "The Role of Representation and Warranty Insurance in M&A Transactions"
You Just Received a Federal Grand Jury Subpoena in New Jersey: Now What? post image

You Just Received a Federal Grand Jury Subpoena in New Jersey: Now What?

Receiving a federal grand jury subpoena is not something most businesses or individuals anticipate. While it can be concerning, a federal grand jury subpoena does not necessarily mean that you are being accused of wrongdoing. It does, however, mean that a federal criminal investigation is underway and that federal prosecutors believe you may possess information […]

Author: George McGowan

Link to post with title - "You Just Received a Federal Grand Jury Subpoena in New Jersey: Now What?"
Why Every Business Should Conduct an Annual Insurance Coverage Review post image

Why Every Business Should Conduct an Annual Insurance Coverage Review

Most New Jersey business owners purchase insurance policies, file them away, and assume they are protected if a claim arises. Without a regular insurance coverage review, many companies discover gaps only after a lawsuit, cyberattack, property loss, or other significant event occurs. An annual insurance coverage review can help businesses identify potential risks, ensure their […]

Author: George McGowan

Link to post with title - "Why Every Business Should Conduct an Annual Insurance Coverage Review"
Demand Letters & Cease and Desist Letters: When to Send One (and When Not To) post image

Demand Letters & Cease and Desist Letters: When to Send One (and When Not To)

Businesses and individuals often encounter situations where another party breaches a contract, fails to pay a debt, or continues harmful conduct. In many such disputes, a precisely drafted demand letter or cease-and-desist letter serves as a powerful legal tool. It can frequently resolve the dispute and avoid litigation. While demand or cease-and-desist letters can resolve […]

Author: George McGowan

Link to post with title - "Demand Letters & Cease and Desist Letters: When to Send One (and When Not To)"

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!