IT budgets grow every year. The value they return often doesn't. The reasons are usually the same: IT misaligned with business goals, resources spread inefficiently, outdated systems and architecture that can't keep up and an organization that ends up serving its technology instead of the other way around.
Five questions every IT strategy has to answer:
What is the role of IT in the success of your business?
How should IT development and investment be prioritized?
How should IT be managed to deliver the value the business needs?
What does the target IT architecture look like?
How should responsibilities for IT security be divided?