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Monthly Operating Review Template

Balanced Scorecard 90 min Monthly Leadership team and department heads (6-15 people)

The monthly operating review, or MOR, is the disciplined monthly check on how the business is running against plan. It sits between the high-altitude quarterly strategy review and the weekly business review, giving leadership a steady rhythm to catch operational drift and keep departments aligned.

When to use it

Run it every month, soon after the financials close, so the numbers are trustworthy. It is the standing forum for reviewing performance against plan, reconciling departmental results, and resolving the cross-functional issues that quietly accumulate when no one looks at the whole business together.

Who attends

Bring the leadership team and department heads, six to fifteen people. Everyone reporting should arrive with metrics against plan and a clear view of variance. This is an operating meeting for people accountable for results, not a broad informational update.

How to run it

Lead with a tight executive summary so the room shares context fast, then review financial performance against plan and prior month. Move into department reports, keeping each focused on variance and the action being taken rather than a full narration. Surface the few risks that actually threaten the plan, resolve cross-functional dependencies in the room, and close with a short list of owned actions for the month ahead. The discipline is in staying on variance and decisions, not reciting every metric.

Facilitator tips

  • Keep department reports on variance against plan, not raw status.
  • Time-box each department so one area cannot dominate the hour.
  • Resolve cross-functional dependencies in the room, not afterward.
  • End with a short list of owned actions, not a long recap.

Common mistakes

  • Letting the review become a parade of status with no decisions.
  • Spending the whole meeting on finance and skipping operations.
  • Ignoring cross-functional issues until they become fires.
  • Leaving without clear owners for the actions that came up.

Bring rhythm to your operations. Run it in OrgTP and keep results against plan, risks, and actions visible month over month.

Agenda

90 minutes total · 6 sections

  1. Executive summary 10 min
    Open with a one-page view of the month: headline results against plan, the biggest win, and the biggest concern.
  2. Financial performance 20 min
    Review revenue, margin, cash, and budget variance against plan and prior month, with the story behind the numbers.
  3. Department performance 30 min
    Each department head reports key metrics against plan, focusing on variance and what is being done about it.
  4. Risks and issues 15 min
    Surface operational risks and open issues, prioritizing the few that genuinely threaten the plan.
  5. Cross-functional alignment 10 min
    Resolve dependencies and hand-offs that span departments so the month ahead runs without collisions.
  6. Actions for the month ahead 5 min
    Confirm the priority actions, owners, and dates that come out of the review.

Run this meeting live in OrgTP

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