To know how to strategically manage human resources, it is essential to recognize the strategic management method by parts. ANALYSIS OF INDIVIDUAL COMPONENTS OF THE STRATEGIC FRAMEWORK: As the need arises, existing businesses that have already developed a strategic management plan will revisit these steps to make the necessary improvements and changes. In practice, a thorough strategic management process has three main components. (shown in diagram a)1. Situation Analysis The first step in the strategic management process is situation analysis. Situation analysis is necessary to create an organization's mission statement. Situation analysis involves scanning and evaluating the organizational context. This analysis can be performed using several techniques. PEST Analysis A technique for understanding the "environment" in which a company