Strategic Management Process
Before talking about the stages of strategic management process, it is important to know what is Strategic management process? Strategic management is that art & science which is related to formulate, implement and evaluate cross functional decisions is helpful in the accomplishment of objectives of the organization. In other words the on-going process, in which broad plans are formulated, implemented & controlled in order to lead the organization towards the achievement of its strategic goals under the provision of its internal & external environment.