If my experience / observation is any guide, the result is utterly epic shitfit.
It depends on both the way you do that, and the way people talk to each other there (aka the culture).
At my last job (less applicable now as I WFH), it was acceptable practice to give a "hold on" to everyone you'd run into on a daily basis. Maybe not the CEO, but the VP of Engineering would wait a sec if you needed to get something done Right There.
If my experience / observation is any guide, the result is utterly epic shitfit.