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An operational plan is part of a business's strategic plan, detailing how work will be done and resources utilized for success. Strategic planning sets vision and goals, while operational planning translates this into everyday workflow for desired outcomes. It should involve cross-departmental collaboration for finance, HR, and IT issues. An operational plan addresses where the business is, where it's going, how it will get there, and how progress will be measured. Key components include staff, skills, funding, and timelines.
