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An operational plan is a crucial element of a business's strategic plan, detailing the workflow from inputs to final results and the resources needed for success. It translates the strategic vision, direction, and goals into everyday operations aimed at achieving defined outcomes. Preparation of the plan typically involves those who will implement it, while also requiring 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 our progress? Important components include identifying the staff and skills necessary for project implementation.