Here Are Two Hidden Reasons Why You Should Consider Changing Your Job Titles

Dr. Bharani Nagarathnam, an associate professor at Texas A&M University’s Department of Engineering Technology and Industrial Distribution, showed the slide above recently at the Lumbermen’s Association of Texas annual meeting. The obvious reason why is that it resets the company’s focus from what staff members do to what those staff members do for the dealer’s customers. But Nagarathnam pointed to two other compelling reasons for printing new business cards.

The first reason why is that it will help your recruiting. Members of Texas A&M’s Talent Development Council told Nagarathnam that the number of resumes they received per job posting went up when the title changed. “For some people, ‘sales rep’ sounds like you’re working in a call center,” Nagarathnam said. “The job doesn’t sound good compared to other industries.”

There’s also a second, deeper reason that should motive title changes, he said, and that’s because young workers today want to understand how what they do fits into the company’s overall purpose. Young people want to work at a company that they believe is doing good in the world, the professor said.

Articulating a purpose might seem useless to dealer executives who started their careers believing their job was to work hard, don’t question management, and consider a paycheck as their reward. But executives can’t operate that way today. because the labor market is far tighter than it was decades ago. “Employers no longer have the power they used to have,” Nagarathnam said. “We need to have a mindset shift from ‘You should be so glad to come work for a brand like us’ to ‘We’re so glad you chose to come work for us.”

Welcome To EquiNova Capital

EquiNova Capital Partners LLC is the new company launched by Michael Collins and Walk Kurek following their years as Managing Directors of Building Industry Advisors. EquiNova invests private equity capital in middle-market companies and provides merger and acquisition advisory services. 

We Can Answer Your Most Pressing M&A Questions

  • How do the most active buyers in today’s market value my company?
  • What parts of the business should I change to improve its valuation?
  • When is the right time to sell?

These are questions that are commonly asked by the owners of building products manufacturers and distributors. Our work in selling and raising capital for companies puts us in a unique position to help answer these important questions. Regardless of when you might decide to approach the market, please contact me to have a confidential discussion about your company and ways to maximize its value for the owners. 

Michael Collins
Work 312-854-8036
Cell 312-282-5462