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An operational plan is a key component of a business's strategic plan, detailing the workflow from inputs to end results and the resources needed for success. It translates strategic vision, direction, and goals into daily operations to achieve desired outcomes. The plan should involve those implementing it, often requiring input from multiple departments like finance, HR, and IT. It addresses four critical 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, skills for implementation, and the required funding.
