How to coast as a VP?

Based on the most helpful WSO content, here are some strategies to help you manage burnout and survive as a VP while minimizing unnecessary stress:

1. Delegate Effectively

• As a VP, delegation is key. Focus on mentoring and guiding your juniors but avoid being overly available 24/7. Set boundaries to ensure you’re not constantly answering questions or solving problems for them.
• Delegate tasks to associates and analysts, but ensure you still check their work to maintain quality and avoid issues down the line.

2. Prioritize and Multitask

• Identify the most critical tasks that require your attention and focus on those. Let less urgent matters wait or be handled by others.
• Learn to multitask efficiently, especially when it comes to originating deals and building client relationships.

3. Manage Expectations

• Communicate realistic timelines for deliverables. For example, if a task takes 45 minutes, say it will take 1.5 hours. This gives you buffer time to breathe and ensures you’re not constantly under pressure.

4. Build Political Capital

• Being a trusted performer can give you more flexibility. Deliver high-quality work on key projects to build goodwill with seniors, which can allow you to push back on less critical tasks.

5. Set Boundaries

• Develop a mindset that not everything is urgent. Most senior managers have multiple priorities and won’t notice minor delays. Take 10-20 minutes for yourself when needed without feeling guilty.

6. Avoid Common Pitfalls

• Don’t punt work entirely or fail to check on delegated tasks.
• Don’t coast to the point where it’s noticeable to your team or seniors.
• Don’t isolate yourself—collaborate with other VPs and maintain relationships with your team.

7. Incorporate Self-Care

• Even if you’re burnt out, try to maintain some form of physical activity, even if it’s just on weekends. Exercise can help clear your mind and improve your energy levels.
• Invest in your home office setup to make working from home more comfortable and efficient.

8. Leverage Your Position

• Use your VP role to focus on higher-level tasks like client relationships and strategic decision-making. Avoid getting bogged down in the minutiae of Excel and PowerPoint.

9. Take Breaks

• If possible, take short vacations or breaks to recharge. Even a few days away can help you regain some clarity and energy.

By implementing these strategies, you can manage your workload more effectively, reduce stress, and survive in your VP role while minimizing burnout.

Sources: Life Hacks during WFH | How do you avoid burnout?, Life Hacks during WFH | How do you avoid burnout?, Q&A: Senior VP in BB M&A (London), New VP struggles - asking seasoned VPs for help, No VP Promote from Sr. Associate - Seeking Advice