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April 30, 2024
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Double checking your work so you don't have to do rework (numbers, grammar, formatting - proper model formuls and linkages, not forgetting page numbers...).
Asking questions so you know exactly what you need to do. A simple one is context, make sure you know "what" this model will tell us.
Finding pre-made collateral before starting. If you're a big firm, 99% of the time something similar has been done. Check your internal social network / methodologies pages for it.
Being clear on all assumptions, sources, and good reasoning behind why you decided to do X but not Y. If you can defend it up the ladder, they can probably defend it to the client so you don't have to do Y.
As always, just my opinion, these are in order of importance, not order of operations. The double checking your work part might seem weird, but part of working smart is being done when you get it in, because it really hurts your free time when you're already working on the next phase and the numbers were wrong, or you need to reformat the entire document "for tomorrow" at the same time you're finishing the second report, also "for tomorrow."
TT
1) Someone hands you some work, you say it should take about 3 hours. You actually do it in 1 hour. Hand it in after 2 hours - you've had an hour to chill plus you're impressing by handing in an hour ahead of schedule.
2) Knowing what questions are going to be asked and having the answers ready (or even fixing the problem) beforehand.
3) Working hard when it is noticed and appreciated, not just all the time.
The above comments are pretty good. I would add:
1) automation...don't do something manually if it can be done in an automated fashion through excel / vba / bloomberg or another person / group.
2) simplification...sometimes you're asked to do something that seems very complicated but if you actually take the time to understand what is the desired output and the reason it is needed you can find another way to go about it that is much simpler and quicker.
3) acceptance...accept the iterative nature of almost all work for seniors...sometimes you have to do something that you have no idea what to do, so instead of wracking your brain and wasting your time trying to get it perfect just make some justifiable attempt and wait until you get comments so you can get more clarity and improve it on the next iteration.
Don't keep asking questions on whatever your manager assigns you.
Another thing that I try very hard to do is to figure out what someone really mean when they something... Lol
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