So You Won't Be Ready for Y2K

Smith, William
March 1999
Financial Executive;Mar/Apr99, Vol. 15 Issue 2, p42
Academic Journal
The article focuses on the potential problems that companies face if their technology is not Y2K compliant. It states that information technology is a part of the day-to-day operations of most companies, and is a source of competitive advantage. It suggests that Y2K problems encompass business strategies, business systems, and business processes. It states that business processes are very dependent on business systems, and that significant revenue losses might occur if, for instance, its accounts payable systems fail. It suggests that companies should examine its most critical processes, what vulnerability these systems have to Y2K-caused disruptions outside of the company's control, and on developing contingency plans to keep essential processes running in the face of disruptions.


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