Unfortunately that's common for games that were originally designed for Win95-2000. Win7 just does not do them, most of the time
One way would be to drop it as a suggestion to gog.com - they've done an excellent job porting over many a game from that era to modern systems. I actually hope that they eventually get around to a lot of the classic Clancy games...
The only other idea I would have is trying to run it on a virtual PC. However it's been a long time since I've done anything with PC emulation, so I couldn't tell you the first thing about it - might want to do some research on it, though!