This template is used for status updates at startup companies.

In a fast-paced startup environment, keeping everyone on the same page is crucial.

Three Core Categories

• Accomplishments: This section highlights what has been accomplished during the reporting period. This could include completed tasks, achieved milestones, or any notable successes.
• Goals: This section outlines what's next. Here, individuals or teams describe their goals and objectives for the upcoming period. This might involve upcoming tasks, deliverables, or areas of focus.
• Problems: This section identifies any roadblocks, challenges, or issues hindering progress. Being proactive about surfacing problems allows for early intervention and solutions.

Benefits

• Clarity and Focus: The structured format ensures clear communication and keeps everyone focused on the most important aspects.
• Improved Communication: Regular updates promote transparency and open communication within teams and with managers.
• Early Problem Identification: By surfacing challenges in the Problems section, issues can be addressed before they escalate.
• Increased Accountability: The reporting process fosters accountability as individuals take ownership for completing their goals.

Implementation

• Frequency: Updates can be done daily, weekly, or monthly, depending on the project or team needs.
• Simplicity is Key: Focus on 3-5 concise points for each category to maintain focus and avoid information overload.

Status Update

The status update is submitted by each senior staff member.

Status Sheet

The status sheet summarizes status information for each department.

Sections

This template includes the following sections:

• Accomplishments Section - List key accomplishments since the last status update.
• Goals Section - List the top priorities for the upcoming time period.
• Problems Section - Problems, challenges, blockers, or impediments that you are facing.
• Notes Section - Free form notes to handle any other content.