Y2K: The Bug That Failed to Bite

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Y2K: The Bug That Failed to Bite

Case

Reference no. 301-052-1

Subject category: Strategy and General Management

Authors: Robert J Crawford (INSEAD); Jonathan Story (INSEAD)

Published by: INSEAD

Originally published in: 2001

Version: 07.2015

Revision date: 29-Jan-2016

Length: 21 pages

Data source: Field research

Topics: Globalisation; Networking; Financial markets; Internet; Corporate democracy; Standard setting; Managing incentives; Leadership

Share a link: https://casecent.re/p/8296

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Abstract

The case is a unique insight into the preparation to avoid the Y2K bug striking at the world economy's financial nerve centre. It tells the real story of how a global network was swiftly formed, procedures set in place, and norms introduced. A central feature of the globalisation process is the new diplomacy, where corporations become significant players along with public officials and multilateral organisation in setting rooms.

Location:

Global

Industry:

Financial