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An operational plan is a crucial component of a business's strategic plan, detailing the workflow from input to output and the resources needed for success. It translates strategic goals into daily operations, guiding the business towards desired outcomes. The plan should be developed by those involved in its implementation, with input from various departments, including finance, HR, and IT. It 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? Important elements to consider include the necessary staff and skills for project execution and the required funding.
