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What is the difference between operational plan and action plan?
An operational plan is a permanence plan or a repeated work but an action plan is a plan used to take action on a new problem.
What do tactical strategic and operational plan have in common?
all of them are plans to achieve the business goal.
What differentiates the tactical plan from the strategic plan and the operational plan?
A tactical plan lays out the procedures and plans for getting close to the defined strategy. For example, the strategic plan is to become a market leader in female executive designer clothes. The tactical plan might include hiring a top female corporate as the brand ambassador for the collection, setting up the retail store in downtown area, and offering special discounts for certain corporate customers. I think operational plan is more about production/ manufacturing and associated costs. But even here one needs a tactical plans like whether to employ JIT/ Continuous process improvement processes or quality control and Environmental pollution control methods. Ritu wadhwa
How do you compile an operational plan?
The best way to compile an operational plan is to research the market. With thorough research, you can create an operational plan that links strategically to the mission of the organization.
What is the purpose of the operational plan?
The purpose of the operational plan is to outline what you intend to achieve and how you are going to achieve it, and what you need to do in order to achieve it.
