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Rethinking Job Titles: Shifting Employee Perspectives in Banking

16 October, 2023

At any organization, employee titles signify rank in a hierarchy. But they can go way beyond simple rank to shape a customer-centric culture, as we learned talking with T.J. Hammond, a learning and development professional at Chick-fil-A. This discussion shed light on how a different approach to titles can empower employees and transform workplace culture.

The Traditional Banking Landscape

In many banking institutions, job titles are hierarchical and transactional, reflecting a formal set of responsibilities. Employees are pigeonholed into predefined roles, which can limit their sense of autonomy and ownership over their work. This traditional approach can inadvertently stifle creativity and hinder employee engagement.

Chick-fil-A’s Unique Perspective

Chick-fil-A, often hailed for its exceptional customer service, takes a different approach to titles. Instead of traditional designations like “manager” or “customer service representative,” Chick-fil-A uses titles like “Leader,” “Influencer,” and “Stakeholder.” These titles aren’t just performative; they signify a fundamentally different perspective that’s carried through in how the company treats employees.

Company Leaders Walk the Walk

How do company leaders show employees that these titles aren’t just for show? They demonstrate in everyday operations their belief that every employee is a leader in their own right. Whether employees are making sandwiches or managing a team, they have the power to influence and shape the customer experience. They can take ownership of their work and make autonomous decisions about how to solve customer problems. They can solve operational challenges in their work to better serve the customer. 

The titles, along with concrete actions taken by company leaders, empower employees to see themselves as stakeholders in the company’s success.

Empowering Employees in Banking

So, what can the banking industry learn from Chick-fil-A’s unique approach to titles? Here are some key takeaways:

  1. Encourage Ownership: Rethink job titles to convey a sense of ownership and responsibility. When employees see themselves as stakeholders in the success of the bank, they’re more likely to take initiative and go the extra mile for customers.
  2. Foster Collaboration: Hierarchical titles can create silos within organizations. By using titles that emphasize influence and leadership, banks can promote a culture of collaboration, where employees work together to achieve common goals.
  3. Inspire Innovation: Empowered employees are more likely to bring fresh ideas to the table. Titles that reflect leadership and influence can inspire innovation and a willingness to explore new approaches to customer service and problem-solving.
  4. Enhance the Customer Experience: Ultimately, the goal is to improve the customer experience. When employees feel a sense of ownership and leadership, they’re better equipped to deliver exceptional service and create memorable interactions with customers.

Chick-fil-A’s approach to titles serves as a powerful reminder that the significance of job roles extends beyond mere labels. In the banking industry, where customer experience and employee engagement are paramount, redefining titles can be a transformative step toward creating a more empowered and customer-centric workforce.

As banks reevaluate their organizational structures and employee roles, they have the opportunity to shift perspectives and foster a culture where every team member sees themselves as a leader and influencer in delivering outstanding service. The power of titles lies not in their formality but in their ability to shape the mindset and behavior of employees, ultimately enhancing the overall banking experience.