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It is so customers can feel good about working with a VP for their personalized service.
Hierarchy theater.
Always remember to ask a VP “how many people report to you?” If they say none, then they aren’t a VP just sparkling wage slave.
I had 100 people reporting to me as a VP in a global bank. It’s still nothing. It’s all about relative size.
100 people in a company of 1000? Real VP.
100 people out of 100k? Middle manager.
In some industries you can be a supervisor with 100 reports. Job titles are so asynchronized even in similar types of companies that they’re virtually meaningless without company specific context.
