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Key takeaways
A growth time board report shows, on one page, how many hours outsourcing freed, where those hours went and what growth they produced. It lets directors and investors judge outsourcing by results rather than cost alone, and spots leaks early. Produce it quarterly with four sections: hours, use, outcomes and decisions needed.
- Hours freed: planned versus actual.
- Use: share reaching growth work.
- Outcomes: growth results against goals.
- Decisions: what the board needs to decide.
Want a growth time board report template? Message us on WhatsApp.
Chat on WhatsApp →Why report growth time to the board?
Because boards tend to see outsourcing as a cost line. Without a report on what freed time produced, the cost is visible and the benefit is not, and outsourcing becomes an easy target for cuts. Directors also have a duty to promote the success of the company, so they need evidence that investments are working.
What goes in the report?
- Hours: hours freed by outsourcing, planned and actual.
- Use: share of freed hours reaching growth work, from the fortnightly checks.
- Outcomes: progress on each growth goal, with numbers.
- Cost: outsourcing spend against budget.
- Decisions: changes needed, such as scope or goals.
How often should you report?
Quarterly suits most boards, with a short monthly note to the managing director in the first quarter after a handover.
When is a separate report unnecessary?
In a very small company where the directors run the work daily, a few lines in the monthly management accounts may be enough. The structure still helps.
What does this look like in practice?
A pattern we see: a board questions outsourcing spend after six months. A one-page report shows 26 hours a week freed, 70% reaching growth work and three new accounts won through the account review programme. The spend is renewed and extended.
Board report checklist
- Record hours freed, planned and actual.
- Show the share reaching growth work.
- Report growth outcomes against goals.
- Show cost against budget.
- List decisions needed.
Next step
Draft the four headings for your next board meeting, even if some numbers are estimates.
Message us on WhatsApp for the one-page growth time report, or book a 30-minute consultation.
Chat on WhatsApp →Sources and further reading
- Being a company director · GOV.UK
- Companies Act 2006, Part 10, Chapter 2: general duties of directors · legislation.gov.uk
Frequently asked questions
How do you report outsourcing results to a board?
Show the hours freed, where they went, what growth they produced against agreed goals, the cost against budget and any decisions needed, ideally on one page each quarter. Reporting outcomes as well as cost stops outsourcing being judged only as an expense.
What should a growth report include?
Planned and actual hours freed, the share used on growth work, progress against each growth goal with numbers, outsourcing cost against budget and the decisions the board needs to make. Keep it to one page and use the same format each quarter so trends are clear.
How often should growth time be reported?
Quarterly to the board is usually enough. In the first three months after a handover, a short monthly note to the managing director helps catch leaks early. After that, quarterly reporting with an annual review of goals works well. Keep the same one-page format each time so directors can compare quarters at a glance.
Written by
Global Bridge Labs (GBL) is a UK–Sri Lanka partner for social media, websites and BPO. Everything here comes from client delivery, not theory.
