Increasing development complexity in software applications raises major concerns about technical debt management, also in Open Source environments. A strategic management perspective provides organizations with an action map to pursue business’ targets with limited resources. This article presents the Strategic Technical Debt Management Model (STDMM) to provide practitioners with an actionable roadmap to manage their technical debt properly, considering both social and technical aspects. To do so, we pursued a theoretical mapping, exploiting a set of interviews of 124 carefully selected and well-informed domain experts of the IT financial sector.