Titles are bogus and everybody wants to be a "senior" something so they claim to not be clueless. Director is a ten-a-penny title like in the Wall Street banks. There, every other person is a VP. It's a total joke.
Customers like to think they’re talking to a senior manager about their home loan, rather than some worker bee. Makes them feel important.
Nobody takes such people seriously unless that startup later has a successful exit.
And by successful I mean a big exit. Like IPO or high 9 figure or bigger acquisition.
Imagine working somewhere and then walking away with peanuts and calling yourself a “director”. Of what? You got played lmfao.
Didn't all the characters in American Psycho had the title VP on their business cards?
All these banks over the years were faced with rules either from their insurers and/or government to the tune of "you must have a process to control X" and they say, "well, ugh, I guess only VPs can do that" and then as they grew and merged and were acquired by each other it pushed the VP title way down the org chart.
After that we were like ok so VP is basically like what every other company calls a supervisor. We are not going to take crap from them anymore.
Yeah I"m aware of the pay-to-title issues though that was secondary.
Oh, so like gunfighters trying to be a bit more safe while sitting in saloons, in Western (cowboy) novels like the Sudden (name of the hero) series by Oliver Strange.
Grew up reading novels like those (and other genres) as a kid. Mainly bull, but somewhat good writing, and entertaining to a green youngster like me at the time, at least.
Good times. Sigh.
Dey don't make em like dat no more.
Grrr.
:)
That is probably really outdated and no longer a thing. I'm guessing based on what I saw. I remember when we bought some small local bank they told us not to tell the customers/merchants/vendors that basically there would no longer be local decisions made since everything goes through the banks underwriter/contract/ect systems. They literally told the local VP's to pretend they were making decisions.
I'm not sure why I was included in this since I was just working on the migration. They probably didn't know or care that I was there is my guess.