MUHAMMAD AKBAR177563.Explain a typical process for developing an Operational Plan (in 20 to 30 words). Allocating Human ResourcesEvery strategy must have an "owner" i.e. somebody has to be responsible for thatstrategies implementation. If someone is not made responsible for the strategy, it is highlylikely that it will not be implemented.Allocating Financial ResourcesNot every strategy requires money, but most will. If people have to be paid to do work,then there will be financial resources needed for remuneration.Setting TimelinesThe implementation of any strategy needs a timeline, that is a time period during whichwork is performed to achieve the desired outcome. The time period can be as short as aday, or it can be several months. The time period could be in the near future, or it mightbe scheduled for a future year.Set Performance IndicatorsThe term 'performance indicator' may be defined as a standard or target that should beachieved. If the standard is reached or the target is achieved, then the strategy might beconsidered as "performed", in other words a success.