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An operational plan is a crucial component of a business's strategic plan, outlining the workflow from initial input to final results, including necessary resources for success. It translates the strategic vision, direction, and goals into actionable daily tasks. Typically prepared by someone involved in implementation, it often requires collaboration across departments like finance, HR, and IT. An effective operational plan tackles 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 include the staff and skills needed, as well as the required funding to achieve the project objectives.
