Definition of Operational Planning
Essentially, the manager's task is to co-ordinate and organise the resources
of the organisation in the most efficient way to provide the best value
for the organisation's stakeholders. This is true of
both profit and non-profit organisations.
The resources available will include people, time, information, money, equipment, technology, buildings, facilities and land.
This coordination task is complex and therefore the manager needs to create a formal document called an Operational Plan. This document collects, organises and communicates a great deal of information that enables the reader to know and understand what needs to be done, by whom and when to make progress towards creating the best value for the stakeholders of the organisation.
Generally, it is the task of the manager to create the Operational Plan but it will usually go through an approval process by the board/committee of the organisation.
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