Masterclass at USC
Draft
Draft: DR
Definition
An attempt by a player to feed off the energy of a developing marketplace, innovation or best practice with the intent of overtaking incumbent leaders.
Filter
Filter: FL
Definition
The selective retransmission of information, where a player promotes and/or withholds information to build or defend its position. A Filter is typically employed to reshape characterizations so that their impact or relevance is minimized or, better, put to work for the player.
Northern Rock & The British Gov't
March 29, 2008
Business Play Action Map
Rumors and speculation first began to circulate in May 2007 that Northern Rock, a well-known British bank, had over-extended itself in the mortgage markets, leaving its liquid assets dangerously depleted, which had the potential to threaten the solvency of the bank.
The affair immediately became a British sensation, with thousands of people queuing up to extract their savings. The British government eventually found itself sucked into the affair not as a political player in the traditional-sense, but rather, as a business-entity, capable of nationalizing the bank as a means of last resort.
Although the affair is still on-going, once the bank was nationalized, the British government no longer became a market-player, therefore, ending this playaction map.
Note: For the sake of space, abbreviations have been used in this map. They are as follows:
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