Stages in the Strategic Management Process. Strategic Analysis - The Organisation and its Environment. Levels of External Environmental Analysis: the wider or macro environment, the Industry or Competitive Environment, the Organisation's competitive position. Internal Resource Analysis. Resource Audit, Value Chain and the Value System, Threshold and Core Competencies and SWOT Analysis. . Strategy Formulation and Evaluation - Competitive/Generic Strategies, Directions and Methods of Growth.Strategic Implementation - Culture and Management of Change.