Millennium blues

Article Abstract:

Many computer programs are expected to fail in the year 2000 because they were programmed such that they will interpret '00' as 1900 or make other erroneous assumptions. Disasters related to the date-change problem are foreseen to cause enormous legal problems and to drive between 1% to 5% of all companies out of business. In the UK, the Companies (Millennium Computer Compliance) Bill was recently introduced to compel companies to assess their capability to deal with the problem and report on the measures they plan to take. The proposed legislation enjoys the support of a number of major companies, including British Airways, SmithKline Beecham and Bass. Several steps are recommended to those in charge of addressing the Year 2000 problem.

Year 2000 transition (Computers)

---

The procurement problem

Article Abstract:

Rapidly changing technologies are making office-equipment procurement difficult. A single incorrect purchasing decision can cripple an organization as the fast pace of technological evolution, specifically in the field of information technology (IT), can quickly render pieces of equipment obsolete. Being of little use and expensive to maintain, obsolescent office equipment represent corporate dead weight. Management of such crippling costs of technological change can be achieved via different approaches, including leasing, renting and facilities management. Choosing the approach that best fits the needs of an organization requires the combined help of IT specialists, financial experts and corporate strategists.

Purchasing, Office equipment and supplies, Office supplies, Logistics

---

Calculating risks

Article Abstract:

Company directors should decide on measures for protection of information technology using standards of risk management that emphasize physical security, computer security or insurance. Decisions should not rest with the information technology department alone.

Data Processing Security, Standards, Safety and security measures, Prevention, Information technology, Risk management, Data security, Computer crimes

Similar abstracts:

• Abstracts: Learning curve. The great divide. Body talk
• Abstracts: Capitalising on ripples in the airwaves. A problem shared is still a problem. Informed and on-message
• Abstracts: Relative standing and the performance of recently acquired European firms. Ecological investigation of firm effects in horizontal mergers
• Abstracts: SCi: playing the game. Share price recovery is warranted. EMC
• Abstracts: Canadian roulette. The world at our doorstep

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.