Weekly reporting is a powerful management tool with a lot of advantages over traditional yearly review.
Weekly status reporting help managers know what their employees are up to at all times and therefore prevent any problems in advance. It also frees up a lot of time that's used for status meetings and therefore leaves more time for meaningful work.
A week is an optimal time for employees to manage. Month tends to be too long a period to plan (and then things start slipping through the cracks) and detailed daily reports tend to take up way too much time for both workers and managers who have to read them.
Planning weekly, however, makes sure employees always know what they must do without wasting time on meaningless paperwork.
A helpful routine
It's good to have a routine when it comes to reporting. A clear weekly deadline for writing a report is essential so you can turn writing it into a constant part of your week.
The most usual time for reports is Friday. That way, when you come to work on Monday, you already know what you have to do and getting back into work is much easier.
Effective weekly reporting focuses on results: what do I want to get done this week?
Don't go into detail
Weekly reporting is not for writing an essay. No-one has time to read them!
Instead you need to focus on 4 – 5 really important things.
It helps, when your team or company has clearly set goals, so you know what's the most important part of your job. If not, you should really mention that.
So, when doing weekly reporting, think about the most important things you did last week and what are the most important things you need to do next. And when you've sent it out your manager will know to.