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The Edge for July 2024

An Exclusive Article for NJ ChamberEdge

This Month's ChamberEdge Contributors

It’s summer reading season, so we asked business executives to share with us the books that have motivated and inspired them, along with the lessons they gained. Here is what they said.

 

Amy MansueCrucial Conversations Require Effective Communications

The book “Crucial Conversations,” by Joseph Grenny, is a ‘how-to’ on the power of effective communication, especially in high-stakes situations. We must create a safe space for dialogue, manage emotions, and focus on mutual goals. By mastering these skills, difficult conversations can be navigated with confidence, fostering trust and collaboration. This approach is vital in health care, where clear, compassionate communication can significantly impact patient outcomes and team dynamics.

– Amy B. Mansue, President and CEO, Inspira Health

 

Michael BernsteinBecoming a Leader is a Decision, Not an Inclination

I recommend a 2022 book on executive roles called “Leadership is Overcoming the Natural: 52 Maxims to Move Beyond Instinct” by Joe Judge and Michael Merrill. It focuses on the personal changes necessary to become and remain a successful leader. As Judge and Merrill put it, “becoming a leader is a decision … not necessarily the fulfillment of a natural inclination or a promotion.” That crucial insight enables the authors to guide the reader in understanding the significant, challenging, and fundamentally necessary behavioral and attitudinal transformations any good leader must embrace. I was so impressed with the insights, that now, whenever a new colleague joins our senior leadership team, I provide them a copy of the book.

– Michael A. Bernstein Ph.D., President and Professor of Economics and History, The College of New Jersey

 

Carolyn WelshThe Answers to Our Challenges Are There, If We Are Open To Hearing Them

“It's Your Ship” by Captain D. Michael Abrashoff transformed my leadership approach by emphasizing trust and open communication. The book shares experiences in turning around a struggling Navy ship by empowering the crew, and fostering a culture of accountability. I love the principle of “all teach, all learn.” I empower my team by listening to their honest insights. We discovered that the answers to many of our challenges are in the room if we are open to hearing them. This philosophy has led us to say ‘YES’ to every opportunity to support our lifesaving mission, resulting in five consecutive years of organ donation records.

– Carolyn M. Welsh, President and CEO, NJ Sharing Network

 

Nick MalefytCustomer Contacts are Powerful Moments of Truth

“The Power of the Obvious” by Aldo Papone is a hidden gem full of lessons from Aldo’s 30-year tenure at American Express. The lessons that resounded the most with me are in Chapter 5, “Relationships Matter Most of All.” Papone writes that customer contacts are powerful moments of truth; customer retention is a business-building strategy; and technology can never completely replace human contact.

– Nick Malefyt, President, Master Search Solutions

 

Dennis ToftLearn How We Got Here

The most meaningful business-related book I have read recently is “Silent Spring Revolution” by Douglas Brinkley. The book explores the history of the environmental movement through the Kennedy, Johnson, and Nixon administrations. As an environmental attorney, it is invaluable to know the background of many of the environmental laws that we deal with every day. The book also shows how environmental regulation is often reactive, and that it is better to act proactively to address the environmental issues of 2024 and beyond. Anyone interested in the environment and the politics of environmental issues will find this book to be enlightening.

– Dennis M. Toft, Member & Chair, Environmental Law, CSG Law

 

Ryan GoodwinTrust Permeates Every Aspect of Our Lives

“The Speed of Trust: The One Thing That Changes Everything,” by Stephen M.R. Covey, has helped me understand how trust permeates every aspect of our lives. As Covey explains, trust often begins with communication. I apply Covey’s lessons by seeking to gain the trust of my clients by being responsive, zealously advocating, showing empathy, listening, managing expectations, and providing honest and clear-eyed assessments of the strengths and shortcomings of their cases. I build and earn trust with my clients so that I can best represent their interests and help reach their objectives.

– Ryan P. Goodwin, Director, Business & Commercial Litigation Group, Gibbons P.C.

 

Paul DiMaioThe Importance of Treating Each Other Well

The book “The Happiest Man on Earth” by Eddie Jaku profoundly impacted my approach to career, life, and family. It tells the true story of a Holocaust survivor who faced unimaginable brutality from the Nazis in the 1940s. Despite enduring beatings, starvation, and concentration camps, Jaku never lost his will to live, love, and help others. His unwavering faith in humanity amidst extreme inhumanity inspires me. Whenever I feel like complaining, I remember his story and realize my issues are minor. This book grounds me, fosters appreciation, and underscores the importance of treating each other well.

– Paul DiMaio, Senior Vice President, General Counsel, and Chief Administrative Officer, Delta Dental of New Jersey

 

Responses for this article were edited for space and clarity.

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Newsmakers

As Jennifer Shimek transitions to a new leadership role at KPMG LLP, the company announced Jeffrey Knight has succeeded her as office managing partner in Short Hills.


Ernst & Young LLP appointed Eduardo Villa to serve as the Iselin office managing partner. In his new role, Villa oversees more than 1,200 EY professionals. Villa has been with EY for more than 22 years and has served as the New Jersey Tax Market Leader since 2019.


EisnerAmper has appointed David Frigeri to serve as partner and chief artificial intelligence officer. Frigeri will work with leadership to integrate AI, machine learning, and automation into EisnerAmper’s services to enhance client value and operational efficiency.


Fortune magazine named Merck, Hackensack Meridian Health and Atlantic Health System among the country’s 100 best companies to work for in its latest such list, released April 2. The 100 Best Companies to Work For list honors businesses that build a high-trust workplace environment, and is based on employee surveys.


Public Service Electric & Gas was recognized by J.D. Power as the top utility for residential customer satisfaction in both the electric and gas customer service categories in the East Large Segment for 2024. This achievement marks the second time PSE&G has earned this prestigious dual recognition for its residential customer satisfaction.


Prudential Financial has expanded the role of Caroline Feeney, appointing her as CEO of Global Retirement and Insurance Businesses, a newly created position that will oversee the company’s domestic and international retirement and insurance operations.


Former NJ Transit General Counsel Brian Wilton is joining the national bipartisan government affairs practice of Newark-based McCarter & English LLP.


Kenvue Inc., the maker of well-known brands like Neutrogena, Listerine, Aveeno and Tylenol, held a ribbon-cutting ceremony March 19 for its new, 290,000-square-foot global headquarters in Summit. The company has officially moved its headquarters from Skillman.


South Jersey Industries has donated $46,000 to the Southern New Jersey Chapter of the American Red Cross. The gift includes $23,000 in pledges from SJI employees as part of the company’s annual giving campaign, matched dollar-for-dollar by SJI. In total, this year’s campaign raised $350,000 for various organizations – a new record for the company.


Rowan University’s Edelman Fossil Park & Museum in Mantua opened March 29. It features towering dinosaur models, interactive exhibits, and a quarry where visitors can dig for fossils.


Thomas Edison State University has appointed Dr. Henry Collier as the new dean of its School of Science and Technology, effective April 7. Collier, a cybersecurity and artificial intelligence expert with more than 15 years of experience in higher education, will lead the school’s efforts to expand its programs and prepare students for careers in emerging technologies.


Robert Wood Johnson University Hospital, part of RWJBarnabas Health, and Rutgers Robert Wood Johnson Medical School recently received a $2.4 million grant to develop technology to better manage patients presenting with heart attacks.


RWJBarnabas Health celebrated the grand opening of its largest academic ambulatory outpatient facility, a 15-story ambulatory medical pavilion on the Robert Wood Johnson University Hospital campus in New Brunswick.


CentraState Medical Center, part of Atlantic Health System, unveiled the Hersh Pediatric Center at CentraState, a facility that combines advanced pediatric emergency and inpatient services in one family-friendly location.


Cooper and Inspira Cardiac Care team members at Cooper University Hospital in Camden were excited to announce they surpassed 1,000 cardiac surgeries in 2024, the highest number in South Jersey, and third highest in the state


The New Jersey Economic Development Authority Board approved the creation of the New Jersey Film Works Grant Program and entered into Memorandums of Understanding with Montclair State University and Brookdale Community College to expand film and digital media workforce development initiatives.


Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth up to $2 billion. Merck will get exclusive rights to develop, manufacture and sell Jiangsu Hengrui Pharmaceuticals’ experimental oral heart disease drug, HRS-5346, worldwide, except in the China region.


Jefferson Health in New Jersey announced its newly elected medical staff officers, who will serve two-year terms. Dr. Gopika Banker was named medical staff president; Dr. Gerardo Varallo was named medical staff vice president; and Dr. Siddharth Bhimani was named medical staff treasurer.