Sample Essay on:
Y2K / Year 2000 / Crisis & Management

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Essay / Research Paper Abstract

A 10 page overview of the predicted computer/communications apocalypse and management techniques. The author concentrates on two areas of concern, date coding and the introduction of viruses based on the millenium and other biases. However, the larger view is taken of 'mainstream' date coding problems, and considers audit cases and costs. Mitigation focuses on internal and global management of the problem. Bibliography lists 15 sources.

Page Count:

10 pages (~225 words per page)

File: D0_Y2kcris.rtf

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Unformatted sample text from the term paper:

a daunting task. Even harder is identifying code dated hardware chips that reside in systems predating 1996. Even after 1996, there is no guarantee that a newly designed system may contain a chip designed prior to 1995, the year when many computer producers began to voluntarily take active steps to correct the problem. Nolan states: "The Y2K problem will hit your company, in part, because others that affect you will not be ready. As a best case, experts anticipate that only five out of six errors will be fixed on time in the United States and only three out of four in Europe and Asia. That leaves a lot of bugs. You have a problem if your suppliers supplier shuts down and causes your production line to stop for lack of parts. If your key customers cut back, your company could face its own minirecession. If your customers bank has a problem, you may spend months straightening out bounced checks before getting paid. Further, fixing your own code does not fully protect you from internal problems--some experts predict regional power outages. And imagine the plans the hackers and criminals are hatching." (Nolan, 1998). The problem is enormous for businesses and individuals alike. For the federal government with equipment dating back to the 1950s (Garvey, 1998; Rosotti, 1998), the only choice has been to replace the equipment-and this will be the answer for many (Mitchell, 1998). While some maintain that the Year 2000 (Y2K) problem is a crisis, others maintain the problem will resolve itself. Despite this fact, a number of people have come forward with helpful information for both before and after the "crisis" hits. EXTENT OF THE PROBLEM There is potentially no one ...

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