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Reply to "VPs: internal promotion or external hire?"
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[quote=Anonymous][quote=Anonymous]Is there a common understanding of what a “VP” is? I was under the impression that vp can range from bullshit nothing position at crap local company to heading a division at Apple. Ie, the title tells you nothing. [/quote] VP at a Fortune 500, big deal. VP at a small or medium-sized company, not so big of a deal. VP at small company = Director at medium-sized company. VP at medium sized company = Director at big company. However, in the Finance industry, these titles are flipped. Director is higher than VP, and Senior Director is a big deal, while Managing Director is a very big deal. In non-profits, VP titles are often given to those who need to raise money. Rich people won't talk to someone without the right title.[/quote]
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