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An operational plan is a crucial component of a business's strategic plan, detailing how work will be executed from input to final results, including necessary resources. It serves to translate strategic goals into tangible daily operations. The plan should be crafted by someone involved in implementation and often requires collaboration across departments such as finance, HR, and IT. It 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? Essential aspects to consider include the staff and skills needed for execution and the funding required for the project.