Until today no consensus has been found regarding the contents of IT strategies. This results in uncertainty when formulating the topical areas of IT strategy documents. The Special Interest Group (SIG) “Strategisches Informationsmanagement (SIM)” (Strategic Information Management) of the “Gesellschaft für Informatik” (German Informatics Society)” addresses this gap by developing a framework that defines generic perspectives, domains, and elements of an IT strategy. Within the group, researchers and practitioners bundle their insights and experiences in the development of the framework named “StratIT”. We report on the current status of work and develop a structured basis for discussion. In addition, we describe the methodical and scientific foundations and the “modus operandi” of the SIG. Our intent is to communicate the perceived problem, our approach, and the developed artifact to an international audience, to get feedback and also to exchange ideas.