If you've ever found yourself asking "What's the difference between strategic and operational plans," you're not alone. Strategic business plans usually set long-term, big-picture goals for a company, ...

As the popular saying goes: A goal without a plan is just a wish. This applies to a corporate strategy. It can look great in a proverbial template, but it falls flat if there is no documented action ...

Opinions expressed by Entrepreneur contributors are their own. Investors and other plan readers pay careful attention to the part of your plan describing your operations. Most entrepreneurs are highly ...

When developing a detailed annual plan, the biggest pitfall to avoid is not having a defined process. There are a lot of different processes to choose from, including Six Disciplines, ...

The next step in creating your business plan is to develop an Operations Plan that will serve your customers, keep your operating costs in line, and ensure profitability. Your ops plan should detail ...

Opinions expressed by Entrepreneur contributors are their own. Companies that make things have certain characteristics that set them apart from others, including retailers and service firms. They take ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Marketing consists of four factors: product, price, placement and promotion. Strategies are an overall top level set of directions for achieving an objective. Think of a strategy as a road map to get ...

This morning, the University released the details of its Operational Plan for Investing in Research, which aims to increase University research output over the next five to seven years through ...

RPM International Inc.’s RPM stock moved up 0.92% in after-hours trading on Aug 24, after it unveiled a MAP 2025 (Margin Achievement Plan) operational improvement initiative. After successfully ...