Steps in Developing an Operational Plan

The video tutorial guides viewers through the process of developing an operational plan for a startup. It begins with defining a concept of operations, followed by conducting market research and analyzing competitors. The next step involves setting clear goals, objectives, and metrics. Finally, it covers assembling resources and aligning them with the operational plan, emphasizing the importance of continuous evaluation and adjustment.

What should you define to ensure the success of your operational plan?

How can you align your budget with the operational plan?

What is the controlling function of management in the context of an operational plan?