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An operational plan is a crucial part of a business's strategic plan, detailing the workflow from inputs to end results and the resources needed for success. While strategic planning sets the vision and goals, operational planning focuses on daily workflows to achieve those objectives. It should be prepared by someone involved in implementation, often requiring cross-departmental collaboration for 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 our progress? Important components include the necessary staff, skills, and resource requirements for effective project execution.