This document discusses developing an effective IT strategy for SharePoint. It provides statistics on SharePoint adoption and discusses challenges organizations face. It also outlines tools for strategy development like business impact registers, gap analysis, and SWOT analysis. The presentation emphasizes that a SharePoint strategy requires understanding business needs, clear communication, executive sponsorship, adequate training, and an iterative approach of thinking big but starting small and scaling up solutions over time. Developing the right strategy is important for organizations to maximize the benefits of SharePoint and avoid common pitfalls.