Like Patagonia's principles, the 5:15 was designed to be a simple, enduring, and effective internal communication tool used within the company.
Patagonia's founder, Yvon Chouinard, created the 5:15 (or 15:5) report after adapting the practice inspired by his friend and business mentor Vincent Stanley. Akin to Patagonia's overarching principles, it was designed to be a simple, enduring, and effective internal communication tool used within the company to keep teams aligned, encourage transparency, and improve efficiency. It functions as a concise way for employees to share updates without excessive meetings or lengthy reports, and has since become an integral part of Patagonia's management philosophy.
The 5:15 report is structured to take approximately 15 minutes to write and 5 minutes to read, ensuring it is both time-efficient and valuable. It's typically submitted on a weekly or biweekly basis via whichever medium suit the manager and the employee; it can be as simple as a shared Google doc, Slack message, or e-mail. This is one of the major reasons why tens of thousands of startups and large companies alike have adopted the 5:15 model with immediate success.
The 5:15 is the easiest reporting process to socialize and implement across teams in one business week or less, and can be implemented at zero-cost to the company when budgets are tight. If your people managers and employees are struggling with performant and impactful 1:1 meetings, try implementing a simple 5:15 reporting process and measuring results in 30 days.
A standard 5:15 report includes the following key sections to cover weekly or bi-weekly. It's not uncommon for a manager to add one or two additional questions but remember to maintain the spirit of "15 minutes". This is not a substitute for an annual or bi-annual performance review, however it can help inform & accelerate reviews once a longitudinal history is established. For that reason, we prefer a living Google or Word doc that is shared privately between the people manager and employee for the life of their management relationship.
For comprehensive performance management solutions that go beyond just the report, we recommend taking a look at at the following solutions: