What is an operational plan?

An operational plan serves as a critical framework for a business, providing a detailed roadmap that outlines how it will achieve its specific objectives. This plan delineates the day-to-day operations, resource allocation, and processes necessary to implement strategic goals effectively. It typically includes information on staffing, production methods, technology requirements, and other operational aspects that are essential for the smooth functioning of the business.

By focusing on the practical implementation of strategies, the operational plan ensures that all team members understand their roles and responsibilities, which helps to align efforts towards achieving the company's goals. It is distinct from a summary of long-term goals, financial reports, or marketing strategies, as those elements serve different purposes within the broader context of business management. Therefore, the operational plan is foundational for both immediate tasks and long-term success, enabling a business to systematically execute its vision.