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An operational plan is a crucial element of a business's strategic plan, detailing how work is executed from input to results, including necessary resources for success. While strategic planning establishes the vision and goals, operational planning translates these into daily workflows that aim to achieve strategic outcomes. Typically prepared by an individual involved in implementation, it may require cross-departmental collaboration addressing finance, HR, and IT needs. The operational 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. Essential components include the staff and skills needed for project execution and funding requirements.
