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An operational plan is essential for effective business functioning and is part of the strategic plan. It outlines the workflow from inputs to end results, detailing the resources needed for success. While strategic planning sets the vision, operational planning translates it into daily workflows aimed at achieving defined outcomes. The plan should be developed by those involved in its implementation, often requiring input from various departments like 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 our progress. Key components to consider include the necessary staff and skills for the project.