Power Play, Greed and Collapse

Since last few days watching movies, reading presentations and articles related to Wall Street and 2008 recession. I came across many new learning which I never learnt while it was ON. Felt Like I was attending Business School classes to understand details of Financial Service sector of US and its impact on Global Economy. Thanks to my CA friend Himanshu for recommending interesting documentaries and movies.

Parallel to this, Cricket world cup 2011 is also ON. When two things start running together human brain always tries to find commonalities and differentiation between the same. As a result I started feeling there is a strong co-relation between both of these for Indian cricket Team and may be true for few other teams as well.

I don't want to write much about either recession or cricket rules however I would like to bring out correlation in 3 areas as shown below:

1. Era of De-regulation

In US, government started deregulating financial market and as a result banks (commercial as well as investment), insurance companies started taking more risk and pouring more money to the customer in terms of mortgage. Also, for these mortgages very few checks were made which drove people to take a loan for home or refinance on existing home. In short, easy money flows with risk not seen.

Similarly, ICC introduced a Power play rule in 2005 in One Day International (ODI) cricket and designed to give a temporary advantage to the batting side. In an effort to keep the game more exciting during the middle overs, original rule was amended to apply not only to the first 10 overs of every innings, but also in two blocks of five overs, Power plays, of which one may be used by the fielding captain and one, may be used by the batting captain.

2. Impact on existing system

Everything was in rhythm before introduction of both the deregulation. Deregulation increased greed within both the system. Easy money made people to go for mortgages. Similarly, power play forced batsman to change their strategy in course of the game and break rhythm. Like yesterday's game, when Sachin and Gautam were scoring runs @6 runs per over and when Indian team took batting power play it forced them to 

change their game. It forced them to change their flow of game and go for more runs. After that all the players went for big shots and lost their wickets.

3. End result

Finally, it has damaged US economy and in turn world economy badly. Literally Collapse. In Cricket, yet effects need to be determined. However yesterday it resulted in complete collapse for team India and earlier for Team England.

For now deregulation resulted in more score and lots of wickets. Dhoni had to make statement in post-match chat with Ravi Shastri. "Don't play for Crowd, play for country.” On the contrary there are teams who have successfully leveraged the power play and same can be seen below.

Teams with bat and ball in the batting Power plays
Team	Batting ave	Run rate	Bowling ave	Econ rate	Average diff	Run rate diff
Australia	27.65	8.39	17.03	7.05	10.62	1.34
Sri Lanka	21.92	7.78	20	6.72	1.92	1.06
New Zealand	24.17	8.22	23.46	7.74	0.71	0.48
India	25.6	7.47	23.77	7.7	1.83	-0.23
South Africa	24.85	7.65	19.04	8.05	5.81	-0.4
England	19.98	7.39	19.65	7.81	0.33	-0.42
West Indies	25.65	6.83	22.78	7.42	2.87	-0.59
Pakistan	15.86	7.52	22.85	8.17	-6.99	-0.65
Bangladesh	14.61	7.05	26.63	8.44	-12.02	-1.39

Source: http://www.espncricinfo.com/magazine/content/story/501497.html

Let's hope at least our team next time plays with more sense of responsibility instead of run greed and specially power play.

For now something new has started @home. All of us have become so called musical maestros and ultimate way to end weekend.... :-)

Hope to continue more on blog further.