SH III and Windows 8

Hello, one and all.
I attempted to install and run Silent Hunter I, the original on Win 8 and realized it was just to dated (the most simple point and click version). It didn't work.

I had SH III and figured that I could run it on Win 8. Windows says that the application can not be run.

Is there a patch or a fix that I need to install or do I need Win 7 ?

Lastly, would it be better to just update to SH 4 or SH 5 ?

Just looking for some helpful hints to get me out of port.

Thanks for any help.