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The Edge for April 2024

An Exclusive Article for NJ ChamberEdge

This Month's ChamberEdge Contributors

What are the key elements of good leadership? We asked New Jersey executives that question, and we got a wide range of answers, including treat people with respect, communicate clearly, and recognize that everyone is motivated differently. Read more below.

 

Tom ScottTreat People with Respect

Effective leadership is people-centered. Treating people with respect fosters trust, creates belonging and builds collaboration. When leaders value collaboration, you see increased innovation, higher-performing teams, and a more engaged and empowered workforce.

– Thomas W. Scott, President and CEO, CentraState Healthcare System

 

Aiysha JohnsonAlways Listen. Motivation Can Come From Anywhere.

What every leader strives for is to relate well to their members, staff and stakeholders. Recognize that one-on-one connections and partner- and board-level discussions are all important, and provide insights. This is necessary since motivation and inspiration can come from anywhere and at any level.

– Aiysha (AJ) Johnson, CEO, NJ Society of CPAs

 

Peter TorcicolloBe Clear. Be Strategic. Be Approachable.

Some of the most important ingredients of good leadership are clear and effective communication, strategic thinking, and approachability. A good leader needs to be able to deliver messages of all types, in a way that they are clearly understood. The leader also needs to be tuned in to the big picture, so that all decision making advances his or her organization’s strategic objectives. Finally, a good leader is someone people are confident they can approach with questions, thoughts, and suggestions, without any apprehension.

– Peter J. Torcicollo. Managing Director, Gibbons P.C.

 
Alberto Garafalo

Learn from Each Person You Encounter

Good leaders know that their minds aren’t limited by what they know today. Many of us have doubts from time to time, but what makes a good leader stand out is being able to identify and challenge their self-limiting beliefs. Doors can open once we stop telling ourselves that we’re too busy, or that our brains are “at capacity.” Clarity on the “why” is important. In addition to leaving others better off than they found them, good leaders can benefit from learning something from each person they encounter.

– Alberto Garofalo, president of Bank of America New Jersey

 
Mike Munoz

Create a Culture Where Employees Enjoy Coming to Work

Finding ways to engage your employees and creating a culture where your employees enjoy coming to work each day, will help you be an impactful leader. Don’t ask anyone to do something you can’t do yourself and always equip your team with the resources, training, and support they need to succeed. Lastly, be transparent about challenges and receptive to new ideas. It enables you to build trusting relationships with associates.

– Mike Munoz, SVP & Market President, AmeriHealth

 
Dennis Toft

Recognize that Everyone is Motivated Differently

Leadership must be done with specific objectives in mind and with recognition that everyone is motivated differently. The key is to understand what will influence each person. To me, the definition of good leadership is summed up best by the U.S. Army. It is “the process of influencing people by providing purpose, direction and motivation while operating to accomplish the mission and improve the organization.

– Dennis M. Toft, Chair-Environmental Law Group, Chiesa Shahinian & Giantomasi

 

Stu BreretonArticulate the Why and Build Trust Through Words and Actions

Of all the key elements of effective leadership, communication is the glue that holds them together. Anyone can give orders, but a great leader articulates the “why” behind a directive and helps each person understand their role in reaching organizational goals. Clear communication goes hand-in-hand with trust. Building trust requires both effectively sharing your vision and ensuring that your team knows you have their back. Communication doesn’t happen solely by words; a leader’s actions demonstrate their commitment to their team’s success and well-being. It’s often through unspoken displays of selflessness that teams learn to trust their leaders.

– Stu Brereton, Vice President and Chief Sales Officer, Delta Dental of New Jersey

 

Responses for this article were edited for space and clarity.

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Newsmakers

Thomas BisignaniHackensack Meridian Pascack Valley Medical Center appointed Thomas Bisignani as CFO. Bisignani most recently served as CFO at the Moses Taylor Foundation in Scranton, Pa.


Johnson & Johnson announced Aug. 20 it entered into a definitive agreement to acquire V-Wave Ltd., a privately held company that develops treatment options for heart failure. Under the terms of the deal, the New Brunswick-based pharmaceutical giant will purchase V-Wave for $600 million. The transaction also incudes the potential for additional milestone payments of up to approximately $1.1 billion. If approved, the acquisition is expected to close before the end of 2024.


Kenvue, the Johnson & Johnson spinoff that is the world’s largest pure-play consumer health company by revenue, announced that it has appointed Kathleen Pawlus and Kirk Perry as new independent directors.


Delta Dental of New Jersey announced that its 34th annual Golf Classic raised $133,000 for Special Olympics New Jersey. The event has netted more than $1.8 million over the past 30 years, making it possible for thousands of Special Olympics athletes to pursue their athletic dreams through year-round sports training and competition.


New Jersey Institute of Technology will rename its College of Science and Liberal Arts to the Jordan Hu College of Science and Liberal Arts in recognition of a historic gift from the alum. Hu, Class of 1989, is the founder and CEO of RiskVal Financial Solutions and a former member of the university’s Board of Trustees. The amount of the gift was not disclosed but university officials said his contribution marks the single largest philanthropic commitment ever made by a NJIT graduate to the school.


Under its Student Leaders program, Bank of America has placed a group of high school upperclassmen in paid, eight-week internships at local nonprofit organizations.


Sandy CurkoNew Jersey Institute of Technology named Sandy Curko to serve as general counsel and vice president of legal affairs, effective Oct. 2. Curko brings over 25 years of extensive legal experience, having represented corporate entities and educational institutions throughout her career.


William BradyNew Jersey Institute of Technology named William Brady to serve as the new vice president of human resources, effective Oct. 1. Brady brings two decades of HR experience and leadership. He previously served as chief human resources officer at both Boise State University and the University of Massachusetts Amherst.


Kelly ConawayKelly Conaway has been promoted to managing director for CBRE‘s Greater Philadelphia region, which includes oversight for southern New Jersey, as well as downtown and suburban Philadelphia, Delaware, Pennsylvania’s Lehigh Valley and Central Pennsylvania. Conaway previously led the marketing department in the Northeast for nearly two decades.


Sills Cummis & Gross Member Thomas H. Prol has been elected to the American Bar Association (ABA) Board of Governors for a three-year term.


Chiesa Shahinian & Giantomasi PC is launching an alternative dispute resolution group, to be led by chairs Joseph Dickson, a former federal magistrate judge for the U.S. District Court for the District of New Jersey, and Nicholas Grieco, a member of the litigation group and an experienced mediator.


Stephanie OlivoStephanie Olivo, the longtime director of compliance at the N.J. Election Law Enforcement Commission, has joined McCarter & English, the law firm recently announced. Olivo, in her position at ELEC since 2015, will advise corporate clients on compliance.


Rowan University has named Matthew Sarkees the dean of the Rohrer College of Business. Sarkees, who comes to the school from Villanova, is a professor of marketing and a certified public accountant. He has held various management and marketing roles, including positions at Ernst & Young and IBM.