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An operational plan is a crucial component of a business's strategic plan, detailing how tasks will be executed, from inputs to outcomes, and the resources needed for success. It translates the strategic vision and goals into daily workflows aimed at achieving defined results. Typically prepared by someone involved in implementation, it requires cross-departmental collaboration, particularly regarding finance, HR, and IT. The operational plan answers four key questions: where are we now, where do we want to be, how do we get there, and how do we measure our progress? Essential components also include the necessary staff and skills for project execution and other required resources.