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Business Insights & Inspiration
Business Insights & Inspiration
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The Edge for January 2018

An Exclusive Article for NJ ChamberEdge

Out with the old, in with the new. The new year is famous for new starts. So we asked seven New Jersey executives for their new year’s resolutions, as they relate to their companies, and how they plan to meet the challenge. See their answers here, and how they plan to succeed in 2018:

 

Stronger Team and Stronger Growth

Marjorie PerryWe are a smaller construction firm and our goal in 2018 is to grow revenue by 30 percent on the strength of an expanded team and our reputation for good customer service. We recently hired a CFO and two new senior project managers. This makes us more competitive in the marketplace. As far as customer service, we have a reputation for fast responses, and accurate execution. That gives our clients and our partners a sense of trust and confidence in our organization, and it leads to repeat clients. This year, we entered two joint ventures on large construction projects. Next year, our goal is to add two more joint ventures. That would account for 30 percent growth.

– Marjorie Perry, President and CEO, MZM Construction & Management, Newark

 

Look at Client Relationships from the Perspective of Clients

Max CraneThe new year is a great time for a renewed focus on client service. No matter how successful a law firm is, client service should always evolve and be a priority. This includes taking a fresh look at client relationships from the perspective of each client, as well as asking clients to define an outstanding result prior to the start of each new matter – lawyers are service providers and results count. Another area I would like my law firm to focus on in 2018 is social media. While we have increased the social media footprint of Sills Cummis & Gross, we still need to work on getting our individual lawyers to effectively use social media. If utilized properly, social media is a tool to enhance those professional relationships our attorneys have, not replace them. Here’s to a successful 2018!

– Max Crane, Managing Partner of Sills Cummis & Gross P.C.

 

Expand Diversity, Advance Inclusion

Yvette DonadoThis year has seen a seismic shift in how organizations are experiencing organizational culture, particularly around inclusion. In 2018, in my role as ETS’ chief diversity officer, in partnership with our CEO and the Council on Diversity & Inclusion, my resolution is to build on the foundation we created in 2017 and continue to work toward not only expanding our diversity, but advancing inclusion across the enterprise. Our lens must be broad and consider all activities through this dimension: who we hire, from where, mentorship opportunities, sponsorship by senior leaders and ambassadors of change who will help champion these ideals throughout the organization.

– Yvette Donado, SVP, Chief Diversity Officer, Educational Testing Service

 

Be Innovative Through Creative Thinking and Technology

Bill HagamanI resolve to encourage our firm’s team members to be innovative through creative thinking and the use of technology. The world changes quickly. You must keep up with business trends or risk being out of the game completely. We saw it happen to Nokia. Successful businesses have the foresight to identify client needs before they even know they have them, and fill in those gaps so their business is ready to respond. To stay ahead of the competition and the changes in our profession, we are committed to implementing new technology in most every department.

– Bill Hagaman, CEO & Managing Partner of Withum

 

Advance the Conversation on Economic Diversity

John HarmonIn 2018, we plan to expand the conversation on economic diversity by forging deeper relationships with our partners and leveraging their interests. There is no question that progress has been made in our state, however we all know that we can do better. Therefore, the AACCNJ plans to pursue a mission of collective excellence in the New Year. New Jersey can only realize its best potential when we acknowledge our shortcomings; value others’ talents, abilities and willingness to add value; and provide a clear pathway to implement resolutions.

– John E. Harmon Sr., President and CEO, African American Chamber of Commerce of New Jersey

 

Greater Collaboration Inside the Office

Nicole AlexanderIn the New Year, we will increase our focus on greater collaboration among our practice groups to offer "bundled services" to our clients. For example, for our healthcare clients, we will offer legal services beyond healthcare-related law and provide legal counsel for human resources, real estate, corporate, M&A, etc. so that the client benefits from an integrated approach based on the firm's complete understanding of the client organization's needs and goals. This new type of partnership can benefit the client as well as the firm, in terms of time, cost efficiencies and better outcomes.

– Nicole Alexander, Director of Professional and Business Development, McElroy, Deutsch, Mulvaney & Carpenter, LLP

 

Continue to Improve the Customer Experience

Dennis Wilson“Our 2018 resolution is to continue striving to improve our customers’ experiences with Delta Dental. In order to achieve this for our 1.6 million members, we have been promoting oral health in connection with overall health – extending well beyond the traditional role as a dental benefits provider. We now offer an expanded set of online educational resources to help patients find the information they need to make informed decisions. The Delta Dental app puts oral health information, finding a dentist, and benefits information at the users’ finger tips 24/7. Through this new platform, our customers can even obtain dental care cost estimates and make an appointment.”

–Dennis G. Wilson, President & CEO of Delta Dental New Jersey

Responses for this article were edited for space and clarity.

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Newsmakers


Deb Visconi, president and CEO of Bergen New Bridge Medical Center, was recently installed as the 2026 board chair of the New Jersey Hospital Association. She succeeds 2025 Chair Mark Stauder, who recently retired as chief operating officer of Hackensack Meridian Health. Visconi is also a member of the New Jersey Chamber of Commerce Board of Directors.


Prager Metis CPAs, the accounting and advisory firm, announced that Lori A. Roth has been named CEO, and Stuart H. Mayer has been named COO. Roth, who previously served as global managing partner and executive committee member of Prager Metis, will provide leadership and strategic planning to more than 100 partners and principals and 600 team members. Mayer, who previously served as northeast regional managing partner and executive committee member for Prager Metis, will oversee daily operations.


RWJBarnabas Health named Jonathan P. Kyriacou as president and CEO of Jersey City Medical Center, effective Jan. 26. Kyriacou recently served as the COO at The Mount Sinai Hospital in New York City, a 1,134-bed flagship academic medical center.


OceanFirst Bank is going regional. The Red Bank-based bank said it is merging with Uniondale-based Flushing Bank in a $579-million merger. The all-stock deal will create a regional bank under the OceanFirst name that will have a presence across N.J., Long Island and New York. OceanFirst CEO Chris Maher will continue to lead the company. Pending regulatory approval, the merged bank is expected to hold about $23 billion in assets, $17 billion in loans and $18 billion in deposits across 71 retail branches.


Johnson & Johnson announced it has surpassed $100 million in MedTech product donations since 2020, providing essential tools and technologies to under-resourced health systems worldwide. To mark the milestone, J&J revealed plans to invest an additional $20 million in 2026 for training health care professionals and the donation of medical tools that allow local doctors to perform life-changing procedures.


In a tribute to nearly three decades of dedication to professional soccer, Major League Soccer recognized John Gallucci Jr., president & CEO of JAG Physical Therapy, for his 27 years of distinguished service as the league’s associate chief medical officer. The honor was punctuated by the announcement of the John Gallucci Leadership Award, a newly established scholarship designed to bridge the gap between rising athletic training talent and the world’s leading sports medicine experts.


The American Water Charitable Foundation, the philanthropic arm of Camden-based American Water, released its 2025 Community Impact Report showing $5.7 million in charitable contributions over the past year. The funding was distributed through grants and employee-matching programs to support social and environmental initiatives across the 14 states served by American Water. It brings the foundation’s total contributions to more than $25 million since its launch in 2012.


Hackensack Meridian Jersey Shore University Medical Center has renamed its landmark outpatient facility the 'Dr. Robert H. and Mary Ellen Harris HOPE Tower.' The renaming ceremony celebrates the philanthropy of Mary Ellen Harris and the Golden Dome Foundation, whose total contributions to Hackensack Meridian Health have exceeded $50 million over the last seven years. It also honors the legacy of Mary Ellen’s late husband, Dr. Robert H. Harris, a renowned researcher who helped bring Advil to the over-the-counter market and developed the life-saving epilepsy drug Vimpat.


Philanthropist Helena Theurer made a $10 million donation to the Hackensack Meridian Health Foundation to fund scholarships to the Hackensack Meridian School of Medicine. The largest gift in the school’s history establishes the Helena Theurer Endowed Student Scholarship, which will create four annual $100,000 scholarships that will help to cover full tuition and living expenses.


RWJBarnabas Health, the New Jersey-based health system, has become the naming-rights partner of Red Bull New York's new performance center in Morris Township. The facility will be called the RWJBarnabas Health Red Bulls Performance Center. Under the deal, RWJBarnabas Health also becomes the official Hometown Healthcare System and EMS provider for Sports Illustrated Stadium in Harrison, Red Bull New York, Red Bull New York II, and the club’s youth programs and academy.


American Airlines announced it is launching free high-speed Wi-Fi, sponsored by AT&T, on more than 2 million flights a year. By spring, it will be available on nearly every American Airlines flight. Customers will be able to access the Wi-Fi through the airline’s portal (aainflight.com) by using their AAdvantage number and password


Members of the New Jersey Society of Certified Public Accountants (NJCPA) visited 66 high schools in New Jersey during the fall to discuss accounting careers and the benefits of becoming a certified public accountant (CPA). Under the program, NJCPA members visit high schools, often their alma maters, to discuss the ways businesses and individuals rely on CPAs for financial guidance and business strategies.


Connell Foley LLP recently announced that Patrick C. Dunican Jr. has joined the firm as a partner in its corporate practice group. He will focus on law firm consulting, expert opinion, risk management and higher education governance, while also supporting the firm’s business development. Dunican previously served as managing director and executive chairperson at Gibbons P.C. for 18 years, where he guided the firm’s strategic vision, operational leadership and long-term growth.


Rutgers University-New Brunswick has again been recognized as a "top producer" for the Fulbright U.S. Student Program, marking the 15th time in two decades the institution has achieved the distinction. This year, 11 Rutgers undergraduates and recent alumni were awarded grants to study, conduct research, and teach English across the globe. The "top producer" distinction is awarded by the U.S. State Department to colleges and universities with the highest number of applicants selected for the Fulbright program.


Netflix co-CEO Ted Sarandos joined Gov. Murphy and Governor-elect Mikie Sherrill Monday to celebrate the official closing of the company's purchase of a "mega parcel" at the former Fort Monmouth. The ceremony signals the start of a $1 billion development of Netflix Studios Fort Monmouth. The project is slated to become one of the nation's largest film and television production facilities, featuring 12 soundstages.


Goya Foods, the nation's largest Hispanic-owned food company, is celebrating its 90th anniversary. What began in 1936 as a small storefront in Lower Manhattan has evolved into an iconic global brand boasting 2,500 products and a workforce of 4,000 employees headquartered in Jersey City. Founded by Spanish immigrants Prudencio Unanue and his wife Carolina, the company’s mission was simple: provide authentic, high-quality foods that offer a taste of home to the growing Latino community in New York.


Fairleigh Dickinson University has received the largest single donation in the school’s history, going toward the College of Psychology and Counseling. An anonymous donor contributed $6 million that will create a new hub and learning space on the Teaneck campus, technological advancements, scholarship opportunities for students, mental health services and other faculty resources, the university said in a release.


Thomas Edison State University has launched a first-of-its-kind doctoral pathway in the state: the Doctor of Education in Professional Studies. This innovative 'degree-completion' program is designed for the “ABD” (All But Dissertation) population – thousands of experienced professionals who started a doctorate elsewhere but never finished. The program recognizes prior doctoral work and replaces the traditional dissertation with an applied field project focused on real-world impact.


A once-daily pill version of Novo Nordisk‘s GLP-1 weight loss drug Wegovy has hit the market. The drugmaker said the starting dose of 1.5 milligrams is now available through 70,000 U.S. pharmacies and telehealth providers. Higher doses of the drug (4 milligrams, 9 milligrams and 25 milligrams) are also available to patients, according to Novo Nordisk. Novo Nordisk has its U.S. headquarters in Plainsboro.


Bristol Myers Squibb appointed Harald Hampel to serve as its senior vice president and worldwide head of medical affairs, neuroscience. A globally recognized leader in brain health, Hampel is known for advancing the understanding and study of Alzheimer’s disease and other neurodegenerative and neuropsychiatric disorders. In his new role, he will set and execute BMS’ global medical strategy for neuroscience and serve as its senior medical leader and external scientific voice in the field.


Health care company Bayer, with locations in Whippany and Morristown, said Jan. 29 that it has teamed up with former Dallas Cowboys quarterback, Tony Romo, on a campaign celebrating everyday moments in the fight against prostate cancer. Romo is joined by his father Ramiro, a prostate cancer patient, to provide commentary on advanced prostate cancer patients and their caregivers. The campaign aims to start conversations about prostate cancer.