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An operational plan is a crucial component of a business's strategic plan, detailing the workflow from inputs to outcomes while outlining resource requirements for success. It translates strategic goals into daily operations aimed at achieving desired results. Typically prepared by someone involved in implementation, it often necessitates cross-departmental collaboration in areas like 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 to consider include the necessary staff and skills for project implementation and the required funding.