status-update

Vocabulary Word

Definition

'Status update' refers to the information about how far along a project or task is. It's like filling in your team on the latest progress and problems.

Examples in Different Contexts

For corporate communication, status updates inform stakeholders about the company's current activities, achievements, and future plans. A communications director might explain, 'We share status updates with our stakeholders to maintain transparency and build trust in our corporate direction.'

Practice Scenarios

Business

Scenario:

As we set forth into the final quarter of this fiscal year, it’s paramount that we closely monitor our performance indicators.

Response:

Sure, I will put together a status update, highlighting our financial performance over the last quarter.

Impact

Scenario:

The sanitation campaign has taken an incredible amount of planning and coordination. We might need to reconsider our timeline.

Response:

Great suggestion. Let's prepare a status update to see where we are with the campaign and if we need to adjust our plans.