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An operational plan is a key component of a business's strategic plan, detailing the workflow from input to end results and the resources needed for success. It translates strategic goals into everyday operations, involving cross-departmental collaboration for finance, HR, and IT issues. The plan answers four key questions: where are we now, where do we want to be, how do we get there, and how do we measure progress. Key components include staffing, skills, and funding requirements.
