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Taming The Y2K Challenge

Taming The Y2K Challenge
By now, you have probably heard enough facts and predictions about the “Year 2000 Challenge” to last you well into the next millennium. Everyone is talking about the potential inability of computers and embedded chips to recognize the Year 2000 as a valid date. Whether you call it Y2K, century date change or the millennium bug, the impact is all the same — as computers become unable to read dates accurately, data will be lost or corrupted, and some computer systems and embedded chips will fail altogether.

Regardless of the industry in which you operate, if your activities include building ownership, operating information systems, selling products or services to customers, or working with a variety of suppliers and/or vendors, you need to take action now to become Year 2000 compliant. Experts agree that not only can your business or organization be directly affected by Y2K issues relating to your own systems, but you can be indirectly affected through your contacts. For example, a vendor’s unresponsiveness to their own Y2K challenge could cause lost profits or growth opportunities for you.

Companies and organizations throughout the world are investing millions of dollars and hours to avert any disaster that could result from the change of the century date. The impact this problem could have on day-to-day operations is staggering. However, you can tame the challenge by taking the necessary steps to identify and manage all your Year 2000 exposures, internally as well as externally.

Hand holding chip

A Four-Step Process To Y2K Compliance
Developing management to prepare your business for the Year 2000 is of great urgency if you have not done so already. For management to develop the information necessary to make sound decisions, your organization must create an open communication process involving all functional areas. Management needs to commit to minimizing the challenges associated with this issue.

The goal of a successful plan of action should result in all software, hardware or embedded chips being classified as “ready” because they demonstrate an ability to manipulate data involving the turn of the century date without causing problem-ending scenarios within a system, failure of embedded systems or generation of corrupt data.

There is not going to be any single Year 2000 solution that fits everybody’s needs. Your plan of action should take advantage of all resources available to you, including your insurance agent, your business or trade association, the Internet and your peers. Despite the wide range of issues you may be facing, the following four step process may be helpful to you in becoming Y2K compliant.

By working together with various departments within your organization and your vendors and suppliers, you can gain a sense of control over the Year 2000 Challenge.

What Systems are at Risk?
The Y2K defect exists in very large numbers and in various types of computer systems. As the following list indicates, everything from mainframe computers to micro-wave ovens, elevators to cellular phones could be impacted.

No wonder some experts are warning people to stay off planes and elevators and keep out of hospitals on January 1, 2000. After all, wherever there are computers or embedded chips, there are potential Y2K problems, and the failure of these systems to make the transition to the next millennium could mean everything from small inconveniences to major disasters.

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