The main scope of this book is to show how IT has created a new mandate for Management as a whole, in order to develop new business models and frameworks based on the important role IT has in these fields of knowledge. The chapters within IT-Based Management: Challenges and Solutions tackle the role and impact of IT on Strategy as well as the resulting new models to be used in this context and takes a glimpse at the major transformations IT has brought about in the way corporations need to be managed. In addition, the book proposes new models based on the pervasive role IT exercises in the current business arena.