The strategic management process begins with executives defining the organization's new mission, goals, and strategies. evaluating the organization's current mission, goals, and strategies. redefining the organization's core competencies. identifying the organization's strengths and weaknesses. In this part of the strategic management process, managers look at the company's core competencies and examine how much synergy there is between departments in the company. Defining a new mission Scanning the internal environment Executing strategy Scanning the external environment