ABSTRACT
This chapter presents a value-based management (VBM) approach as the paradigm of enterprise management, based on the subordination of the management system to the requirements of effective creation of company value. The second part of the chapter presents an overview of the IT sector in a broad economic perspective, on both a macro- and the micro scale, in the context of its significance for the development of other sectors of the economy.
Positioning the research in the IT sector results from the ongoing information revolution which strengthens the significance of information in the development of the global economy. Development of the IT sector may offer an opportunity to build the capacity of companies from this sector for the long-term creation of their value (with benefits for their shareholders) and inspiring challenges (with benefits for their employees and the business environment).
