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An operational plan is essential for effective business as it outlines how work will be done, from input to end results. Strategic planning provides vision and goals, while operational planning translates this into daily workflow. Cross-departmental involvement is often needed for issues like finance, HR, and IT. The plan addresses four key questions: where we are now, where we want to be, how to get there, and how to measure progress. Key components include staff, skills, and required resources for successful implementation.