Executing plans and strategies. Crafting a Strategy 4. Strategic Management Process 6 Steps Management Organization And Management Strategic Goal-setting or identification of the business vision and direction. . Environmental Scanning-Environmental scanning refers to a process of collecting scrutinizing and providing information for strategic purposes. Thus these strategic decisions must be evaluated and controlled properly. Explore Harappa to know more about the importance and examples of strategic control and navigate your organization toward its mission vision and long-term goals. Strategic management is a continuous process. The five steps followed in the strategic management process are as follows. Strategic evaluations are the mode for testing the efficiency and effectiveness of business strategies and a way to determine whether the strategy that is being implemented is moving in the right direction or not.