Information and Communication Technology (ICT) has been considered as a major enabler of business. However, its contribution critically depends on how routinely it has been assimilated in business activities. This study tries to investigate the moderating effect of top management competence on ICT assimilation in selected Ethiopian companies. The research is based on the Chatterjee model and incorporates top management competence as a moderating factor. Though previous research identified the factors that influence ICT assimilation, how top management competence will influence this process is a key agenda to be investigated. The research is based on the field study approach on selected companies. Questionnaires prepared based on the Likert Scale will be used to test the hypotheses set through the responses of direct reports. This research will contribute a new insight to ICT assimilation and also serve as an input to academia. It will also invite future research in the area.