This document discusses how information technology and globalization are driving changes in business logic and strategies. It argues that an "information strategy" is needed to strategically utilize information as a critical resource. The key aspects of an effective information strategy are that it must be business-driven, prioritize projects based on business objectives and key information capabilities, and create value for the business. The document provides an example of what an information strategy journey may look like in developing business data layers, applications, and governance processes to strategically manage information.