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An operational plan is a crucial component of a business's strategic plan, outlining how tasks will be executed to achieve success. It details the workflow from inputs to results, including necessary resources. While strategic planning sets the overall vision and goals, operational planning translates this into daily operations. It should be created by those involved in implementation, with input from various departments like finance, HR, and IT. An operational plan addresses four essential questions: where are we now, where do we want to be, how do we get there, and how do we measure progress? Key components to consider include the staff and skills necessary for project execution.