
Robert A. Marsico
Partner
201-896-7165 rmarsico@sh-law.comFirm Insights
Author: Robert A. Marsico
Date: April 18, 2016

Partner
201-896-7165 rmarsico@sh-law.comBusinesses 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.

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.
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.

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

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

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

Key provisions in your contracts, including those relating to indemnification, insurance, and defense, are essential to contract risk management. While sometimes considered “boilerplate,” these provisions play a pivotal role when determining which party is responsible for certain costs and liabilities. They must always be negotiated and drafted carefully. Indemnification Clauses Businesses should never overlook the […]
Author: George McGowan

Portability of estate and gift tax enables a surviving spouse to inherit any unused portion of their deceased spouse’s federal estate and gift tax exemption. So, if one spouse doesn’t utilize their full exemption, the surviving spouse can effectively double their exemption amount with regard to estate tax liability. For married couples, portability offers a […]
Author: Marc J. Comer

For many of us, pets are more than companions—they are members of the family. Yet they are often overlooked or inadequately provided for when it comes to estate planning. A pet trust offers a legally enforceable way to ensure that your animal continues to receive proper care if you become incapacitated or pass away. As […]
Author: Marc J. Comer
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
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!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!