Operational Plan Of A Business Plan

Second, the operational plan is limited to only one part of the organization.

For example, a large corporation (strategic plan) has a manufacturing division (tactical plan) that produces products A, B and C.

The division manager (your new boss) has just informed you that part of the corporate strategic plan is to increase the return to shareholders over the next five years.

The division manager's tactical plan to support the corporate goal has three parts.

Notice that reorganizing the workflow should be a one-time event.

If you decided that new machinery was required, it would be necessary to define where it would be purchased, how much it would cost and when the purchase would occur.This diagram shows three levels of planning: Let's summarize the characteristics of an operational plan.First, it assumes that upper management has prepared both a strategic plan and a tactical plan.The information from the operational plan would normally feed into the plant's annual operating and financial budgets.These budgets could then be used by upper management to evaluate the progress and performance of the plant.First, he wants to cut costs by ten percent over the next year.Next, he also wants to avoid layoffs and to increase production by three percent.He also wants to know if you will require any additional financial resources or manpower to implement your plan.Let's get started by looking at the tactical plan items and trying to get some ideas about what you can do: Let's take a closer look at the idea of cutting costs by improving the workflow within the manufacturing process.As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more.Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

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