Abstract Enterprise management refers to strategies that are employed by firm managers to solve problems in their firms. It involves supervising, controlling and handling of workers. Good governance is key to every firm. Business ethics refers to how workers are expected to conduct themselves in an organisation. It would be important to note that for a company to attract investors, there must be good leadership. The use of IT in organisations has improved their services by making governance better. Introduction Governance refers to a system of laws and methods by which corporations are managed. Moreover, it looks at the external and internal composition of a corporation with the aim of monitoring the way directors and managers work to curb any agency risks, which would arise from mismanagement by company managers (Crane & Matten, 2010). Business ethics entails the use of a moral code to strategies and management operations in a business. This paper concentrates on discussing main components related to enterprise management, market analysis, system providers, system evaluation, and comparison statistics. A brief history of enterprise management Enterprise management refers to strategies that are employed by firm managers to solve problems in their firms. It involves supervising, controlling and handling of an organisation’s workers (Crane & Matten, 2010). This has necessitated management teams of various companies to introduce the codes of ethics to be followed. Main components of governance and business ethics in IT It would be important to note that good governance and business ethics are key elements for the success of any firm. Good governance is characterised by the following. First, there is accountability, which means that workers in a business should be answerable for their actions (Fassin, Van Rossem & Buelens, 2011). Employers are also expected to account for their deeds. Public sector management is the second element. Managers in the public sector are expected to demonstrate good public relations. By doing so, the workforce would participate in the administration of organisations without organising strikes and boycotts. The third element is transparency and information. Transparency strengthens accountability (Fassin et al., 2011). Administrators from various establishments should show preciseness in whatever they do, without hiding their employees. According to Crane and Matten (2010), directors and managers should avail information relating to firms to their workers to make them informed about their rights and responsibilities. A legal framework for development is the fourth element. Laws governing an organisation should be founded on a legal ground because they outline the rights and responsibilities of both a worker and an employee. The fifth element is the forward vision. This would be interpreted to mean that it must have an objective to achieve within a specified duration. Market analysis It would be imperative to point out that good governance and ethics are crucial for development. Therefore, it would be important to analyse the significance of good governance and ethics in enterprises. Statistics indicate that where leadership in an organisation has taken into account all the elements, there is an increase in production. Eighty per cent of workers prefer such a work environment, with only 15% working without considering the working environment (Fassin et al., 2011). The other 5% does not work. Results from various researches and assessments indicate that in firms where managers apply democratic styles of leadership style, more employees would want to work with them than in where they use dictatorship (Fassin et al., 2011). Furthermore, they indicate that outputs, where governance and ethics are not prioritised, are lower than where control of power and ethics are prioritised.                                  Poor governance  Good governance  De