Operational Planning
Operational Planning refers to the strategic process of defining and organizing the resources required to deliver on a company's business plan and sales strategy. It encompasses the development and implementation of detailed action plans, procedures, and schedules that enable a business to efficiently achieve its goals and objectives. The focus is on translating broad strategies into specific tasks, outlining who is responsible for each task, how it will be accomplished, and when it needs to be done. This process ensures alignment between the various functions of a business, and facilitates effective communication and coordination across departments. Ultimately, operational planning helps businesses to optimize their use of resources, increase productivity, reduce costs, and improve overall performance.
External Links
- [Tidemark.com] Tidemark - Financial Operational Planning Software - insightsoftware