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An operational plan is a crucial component of a business's strategic plan, outlining how work will be executed and detailing the workflow from input to output, including necessary resources. While strategic planning sets the vision and goals, operational planning translates these into daily activities to achieve desired outcomes. It should be created by someone involved in implementation, with input from various departments like finance, HR, and IT. The 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 progress? Important factors to consider include the staff and skills necessary for project execution and the funding required.