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An operational plan is a crucial component of a business's strategic plan, detailing how work will be executed from inputs to final results, including resource allocation. It translates strategic vision and goals into daily workflows aimed at achieving defined outcomes. Ideally, the plan should be created by someone involved in implementation, often requiring input from various departments, particularly finance, HR, and IT. The operational plan addresses 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 necessary staff, skills for project implementation, and required funding.