t's important to note that the strategic management process is not always linear and may involve iteration and adaptation as the external environment evolves or as the organization learns from its experiences.

Other models and frameworks, such as the Balanced Scorecard, the BCG Matrix, or the McKinsey 7-S framework, can complement or provide additional insights into the strategic management process. The choice of model or framework depends on the organization's specific needs and circumstances.

What are some common challenges in strategic management?