The error about Compatibility and 'run as admin' is bogus.
This is one of hundreds of games that are being blocked by MS's malware - DRM Blocking.
There are two forms of copy protection that are affected, SecuROM (used by this game) and SafeDisk.
Any game with a driver file titled secdrv.sys on the disk is being targeted.
You can read more details in my rant ---here---
- Fortunately these old DRM never worked, and you can get a noCD fix from -- jurassic-park-operation-genesis
.