An event that shook the U.S. stock market in early September may be very relevant to how we understand the evolving technique of network-centric warfare, the basis of which is the common operating or tactical picture shared by all participants. Those in the military who first advanced this idea often referred back to current commercial practices. Conversely, those writing about the stock market often characterize what they do as a kind of warfare. If you look for books on strategy, at least half of them are really about business practices. The September event brought the two views of strategy into focus.
For many in the stock market, the data published electronically by Bloomberg LLC constitutes their tactical picture. Bloomberg has prospered by providing, in one place, the information most relevant to any stock trader. That company was doing what various military nets are supposed to do. In each case, the individual operator—or local commander—depends utterly on information from remote and unknown providers.