The monitoring visits do not 'grade' schools - the satisfactory judgement in the second inspection is still the school's official grading. The 'satisfactory progress' which would seem to have been observed in the monitoring visit implies that the school has made a sensible start in addressing the key issues for action, but that the results haven't shown through yet. Why would it be? Satisfactory isn't good enough, and no doubt this school aspires to be good or better like we all do. But - each time the OFSTED schedule is reviewed - "satisfactory" is defined as somewhere just short of the average ... ie 45% or so of schools are destined to become satisfactory (or lower) because they are not in the top 50% (there is a grey area in between). Unless we are slipping in to a culture where we would like to dismiss 50% of our heads - when we often can't replace the ones who leave anyway - then "satisfactory", with no huge issues identified in L&M - means it's unlikely the HT will be going anywhere other than through choice.