Just noticed I fucked up a slide that was presented to a client. I mistyped a number. It’s my fault and I should get better, should I let the MD know for the follow up request next week?
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Yes let them know, with the corrected figure. Odds the client won’t zero in on that number specifically (unless it’s EBITDA or something major), but it’s best practice to warn your MD just in case so they don’t look bad for not being able to explain it to the client
No wtf^ terrible advice, you keep your mouth shut (let your associate know unless he’s a narc)
Odds are if they didnt notice the error in the meeting (i.e. revenue/ebitda) it probably won’t make a difference/wasn’t an important metric and they won’t notice it UNLESS YOU TELL THEM
Also an intern shouldn’t be giving an analyst advice
This site is full of bozos. Unless the number is key to the entire presentation, just shut up. No one will notice and just change on the next iteration. If it's a pitch, chances are the deck went in the trash and the file will never be opened again.
I would never, you are burning yourself. It is one thing if this is pre-meeting and you can rectify the error.
After the meeting? At that point your MD will have figured it out and come to you or he did not notice it at all!
This is the equivalent of trying that bullshit Office recall feature that never works over a minor typo.
"Hey everyone, I fucked up this email by putting a comma instead of a period, I am an idiot"
You don't say shit until that number somehow becomes relevant.
We have a follow up request with the client regarding another number on that same slide
Not the Jefferies employee, but why not just update the slide with the correct number?
3 paths:
Admitting mistakes shows humility. Picking out every mistake you make will lead to a garbage performance review.
What in the actual fuck is everyone talking about
If that figure is critical (and only you know if it is, nobody else on this site well obviously) then you need to let your direct report (in this case associate know) fuckin asap.
Let him/her do the talking to their direct superior and so on
You're not a dummy. think about this logically. There's 2 possibilies. One is you're overreacting and it's not a big deal. Then your associate should realize this and cut it off right there. No damage done. You were better safe than sorry
if it is a big deal then you'll have caught it before it's too late.
It is ridiculously embarsassing, aprticularly to the MD if your client for whatever reason digs in on this. I've seen it happen and it makes everyone on your team look careless
There is no associate just me and md
Then you need to tell him/her
I think the actual fuck that everyone is talking about is that, of all of the numbers in a typical deck that bankers put together, maybe ~1% of them are important and actually looked at. If this is one of the 99% of things that’s just put on a page for completeness but doesn’t actually matter to anything or anyone, just update it in your next iteration and no one will notice. If it’s a number people will be paying attention to, obviously you don’t have a choice.
Is it unreasonable to just kill all of the witnesses and burn the evidence?
Yes, because no one was noticing your fk up to speak of. But now you have everyone's attention
Well, if you want to die either famous or infamous, this strategy would secure one of those routes for you.
Relax bro, you’ll survive
In my experience banking was never a safe place to 'out' oneself in terms of making errors. Just a general comment, not specific to your case. It would be nice if employers in finance or elsewhere made the workplace a safe place to speak up and be honest about making errors, but ibanking just isn't that kind of an environment.
dont do it. at least 2-3 people reviewed your work, if they didn't catch it, the client probably didn't too. And also it is your associate/vp's fault as well as your MD. If it was big/significant enough, you would have heard already. get over it dude. it happens
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