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An operational plan is a critical component of a business's strategic plan, detailing the workflow from input to results and the necessary resources for success. While strategic planning sets the vision and goals, operational planning breaks this down into daily tasks to achieve desired outcomes. It should ideally be created by those involved in implementation, necessitating input from various departments such as finance, HR, and IT. The operational plan addresses four key questions: current status, desired future state, steps to achieve goals, and methods for measuring progress. Important components include staff, required skills, and resources needed for project execution.