Should associates focus on deals executions?
I’m an MBA associate 9 months into the job. I’ve done 2 sellside processes so far and actually really enjoy execution. I’m an organized person and handling hundreds of emails/requests/VDR files etc are easy for me. I’m always on top of things and a senior partner sent me an email yesterday saying keep up all the great work and it’s great to have me on the team.
But my other colleagues told me I should delegate most of the execution stuff to my analysts because these are mostly admin related tasks and not going to improve my skill sets. They said I should focus more on tasks like modeling, slides, presentation etc
I’m new to banking and wanted to understand the importance of execution. Should I keep doing execution, something I’m good at and enjoy, or should I delegate those tasks to my analysts?
Execution is undoubtedly a critical part of an associate's role, but it's essential to strike the right balance between execution and higher-value tasks that will help you grow in your career. Based on the most helpful WSO content, here's what you need to know:
Core Associate Responsibilities:
Your primary job as an associate is to manage the process, ensure everything is done on time and error-free, and oversee the analysts' work. While execution is important, your role should evolve beyond just handling administrative tasks. Delegating execution-related tasks to analysts is not about avoiding work but about focusing on responsibilities that will develop your skills and prepare you for more senior roles.
Skill Development:
Tasks like modeling, creating presentations, and shaping the pitch are crucial for your long-term growth. These responsibilities help you build the technical and strategic skills needed to eventually step into a VP or MD role. If you spend too much time on execution, you risk being perceived as someone who isn't allocating time effectively to higher-value tasks.
Delegation and Leadership:
Good associates are those who can delegate effectively while maintaining oversight. Analysts need the "reps" to grow, and part of your role is to train and guide them. By delegating execution tasks, you free up time to focus on idea generation, client interaction, and proactive process management—areas that will set you apart.
Jumping In When Needed:
While delegation is key, you should still be ready to jump in during tight timelines or critical moments. This shows you're a team player and ensures deadlines are met without compromising quality.
Execution vs. Review:
As you progress, your role should shift more towards reviewing and managing rather than doing. This doesn't mean you stop executing entirely, but you should focus on tasks that add the most value and align with your career goals.
In summary, while it's great that you're excelling at execution and receiving positive feedback, you should start delegating more of the administrative tasks to your analysts. Focus on developing skills like modeling, presentation building, and strategic thinking, as these will be critical for your long-term success. Balancing execution with higher-value tasks will not only enhance your skill set but also position you as a strong leader within your team.
Sources: Associates who “Do” vs. “Review”, Q&A: GS/MS IB Analyst —> Megafund PE Associate —> HBS/GSB Business School, A2A - what has been your experience ?, Q&A: 3rd Year PE Associate ($10bn+ AUM, MBO/LBO, equity, mezz, distressed debt)
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