This paper describes an eight (8) step process to develop IT Strategy - "...to make IT a strategic business enabler, enhance shareholder value, and mitigate risk."
This approach focuses on:
1) IT Strategy development is a call to action i.e. it results in practical and actionable plans.
2) IT Strategy development is an iterative - "organic" - process that requires continuous monitoring and refinement.
3) IT Strategy development is not a never ending exercise - it should take 30 to 60 days