BMO’s Management Process
BMO’s cross-functional management process focuses on aligning execution to our strategic goals and leading the drive to top performance. Membership in all committees is reviewed annually.
Management Committee
15 members
Responsible for setting and managing enterprise strategy and performance
- Review enterprise and group strategies
- Approve mergers and acquisitions
- Approve financial targets and plans and review results
- Approve culture and diversity goals
- Monitor strategic initiatives and track performance
- Govern investment in initiatives across the enterprise
Meets biweekly
Performance Committee
54 members
- 15 Management Committee members
- 39 heads of lines of business and functional groups
Responsible for driving enterprise results and delivering on corporate priorities
- Drive enterprise results
- Perform peer review of performance against established targets
- Problem-solve and take action on initiatives relating to BMO’s strategic priorities
Meets quarterly
Leadership Council
Approximately 300 members
- All BMO executives
Responsible for understanding enterprise and group strategies and aligning all BMO employees around them
- Engage employees and align them around key strategies/plans
- Problem-solve on major enterprise and business issues
- Communicate key messages and model behaviours to BMO community at large
- Build problem-solving and peer-to-peer review capabilities
Meets annually
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