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Inspire, Empower, and Deliver on Promises. The Key Qualities Business Executives Need to Lead

The Edge for October 2019

An Exclusive Article for NJ ChamberEdge

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It’s not easy to lead. So we asked business executives to tell us the key qualities commonly found in good business leaders. The secret sauce, so to say. Their answers boil down to three things: Inspire, empower and deliver. Read what the business execs said:

 

Daniel SchwartzInspire and Empower

When leaders effectively communicate their vision, it inspires; when they pair that vision with accessibility, it empowers. Successful organizations are driven by leaders with strong communication skills, an open door policy and a compelling vision for the future. These qualities set a tone that motivates existing employees and attracts dynamic new talent; promotes collegiality; and nurtures a ‘one-firm’ mentality where all personnel march in lockstep toward a common goal.

– Daniel A. Schwartz, Managing Member, Chiesa Shahinian & Giantomasi PC

 

Gary HoranDon’t Micromanage

Successful management boils down to just a few concepts: Show leadership; be open to new ideas; and no matter how great the temptation, do not micromanage. Let those with ideas freely pursue them.

– Gary S. Horan, President & CEO, Trinitas Regional Medical Center

 

Brydget Falk DriganBe Authentic

Operate with integrity and transparency. No one wants to work for someone they don’t trust, or they believe is motivated solely by their own interests. If you want to lead people, truly care about them. Invest in building relationships, coaching, teaching and empowerment. Be authentic. Don’t be afraid to be vulnerable. You’re most relatable when you are yourself versus someone intimidating and unwelcoming. Focus less on proving why you’re in the leadership role, and more on motivating others to succeed.

– Brydget Falk-Drigan, Executive Vice President, Chief Human Resources Officer, Peapack-Gladstone Bank

 

Paul MardenDeliver on Promises and Build Trust

Every leader casts a huge shadow and the best ones have high standards of integrity. Leaders need to deliver on promises and build trust. In any business, if a customer buys your product, they trust that they are going to get what they paid for. Integrity and genuine interest in the company’s success are significant factors in successful leadership.

– Paul Marden, CEO, UnitedHealthcare of New Jersey

 

Responses for this article were edited for space and clarity.

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Newsmakers

Carolyn Welsh

NJ Sharing Network CEO Carolyn Welsh was honored by the organization for her 25 years of service in advancing the organization’s lifesaving efforts through the recovery and placement of donated organs and tissue in the state. Headquartered in New Providence, NJ Sharing Network partners with 54 hospitals to provide hope for nearly 4,000 N.J. residents waiting for a lifesaving organ transplant.

Betty Larson

Merck appointed 20-year health care industry veteran Betty Larson as executive vice president and chief human resources officer, the Rahway-based pharmaceutical giant announced. Larson is responsible for global human resources and diversity, equity and inclusion for the company. She comes to Merck from GE HealthCare, where she served as chief people officer.

Public Service Enterprise Group Foundation sent a $1.45 million gift to Stevens Institute of Technology to further develop sustainability programming at the school and develop a pipeline of talent prepared to address threats to sustainable development. This gift, the latest in a long relationship between the school and PSEG, will enable the school to create the Stevens Center for Sustainability.

Delta Dental of New Jersey announced that Stuart Brereton was named its new vice president and chief sales officer. Brereton previously was regional vice president at Prudential Financial, and spent many years before that at The Hartford, where he began as a sales executive, serving the large group market and ascending to the position of regional sales director. 

EisnerAmper, the global business advisory firm with a heavy presence in New Jersey, announced it will combine forces with Alabama-based tax and real estate consulting firm Tidwell Group LLC, in a transaction expected to close in May. Tidwell has 40 partners and a staff of more than 200 professionals in six offices across Alabama, Georgia, Texas and Ohio.

The M&T Charitable Foundation is awarding $900,000 in grants to commemorate its 30th anniversary – including a $30,000 grant to the affordable housing project of Habitat for Humanity of Passaic County in Paterson. Founded in 1993, the M&T Charitable Foundation is the philanthropic arm of M&T Bank.

TD Bank elevated Matthew “Matt” Boss to head of U.S Consumer Banking, the Cherry Hill-based financial institution announced. In his expanded role, Boss will be responsible for TD’s more than 1,100 store locations, contact centers, digital sales and capabilities, retail operations, U.S. Wealth and TD Auto Finance, while continuing to oversee all consumer product teams.

Hackensack Meridian Neuroscience Institute at JFK University Medical Center in Edison recently received a major research grant from the National Institute of Neurological Disorders and Stroke. The five-year award of more than $2.2 million will be used to study a novel approach to treating traumatic brain injury.

Camden-based American Water Charitable Foundation recently donated $250,000 to the American Red Cross as part of the foundation’s Disaster Relief Grant Program.

Aaron Hajart was named COO of Community Medical Center in Toms River, officials at RWJBarnabas Health announced. Hajart has experience within the RWJBarnabas Health system, serving as the Southern Region senior vice president for service line and practice integration. In this position, Hajart led initiatives reducing long-term admissions by 85% and cut unnecessary patient days by 14,000 per year.

New Jersey Institute of Technology’s Martin Tuchman School of Management announced it will offer a new concentration in business and sports data analytics beginning in the fall.

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