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An operational plan is part of a business's strategic plan and is important for effective business operations. It outlines how work will be done, resources that will be used, and the workflow from input to end results. Strategic planning provides vision and goals, while operational planning translates these into everyday business operations. Cross-departmental involvement is often needed for issues related to finance, HR, and IT requirements. An operational plan addresses where the business currently stands, where it wants to be, how to get there, and how to measure progress. Key components include staff, skills, and financial resources needed for project implementation.
