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An operational plan is a crucial element of a business's strategic plan, detailing the workflow from inputs to outcomes and outlining resource usage necessary for success. While strategic planning provides the overarching vision and goals, operational planning translates these into daily activities aimed at achieving desired results. It should be developed by those involved in execution, often requiring collaboration across departments like finance, HR, and IT. An effective operational plan addresses 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. Additionally, it considers essential components, including the required staff and skills for project implementation.
