I suggest building a Dictionary<string, Operation> to map friendly names to enum constants and use normal naming conventions in the elements themselves.
enum Operation{ Equals, NotEquals, LessThan, GreaterThan };
var dict = new Dictionary<string, Operation> {
{ "Equals", Operation.Equals },
{ "Not Equals", Operation.NotEquals },
{ "Less Than", Operation.LessThan },
{ "Greater Than", Operation.GreaterThan }
};
var op = dict[str];
By the wayAlternatively, if you want to stick to your current method, you can do (which I recommend against doing):
var op = (Operation)Enum.Parse(typeof(Operation), str.Replace(' ', '_'));