ADP · regulatory-filing
Automatic Data Processing (ADP) (ADP)
69 pages · 4 arc beats · 3 loops
Automatic Data Processing (ADP) (ADP)
ADP · 2017-09 arc beats above · slides in the middle · loops below · scroll → 3 LOOPS
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Deck intelligence map
4 coverage by narrative range · generated from this deck JSON
Narrative range 43 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Situation & Context 3 slides 100% 3/3 slides 100% 3/3 slides · 16 hits — 0/3 slides
66.7% 2/3 slides · 3 hits 33.3% 1/3 slides 100% 3/3 slides — 0/3 slides
Evidence & Proof 19 slides 100% 19/19 slides 100% 19/19 slides · 120 hits — 0/19 slides
36.8% 7/19 slides 68.4% 13/19 slides · 14 hits 100% 19/19 slides 73.7% 14/19 slides Impact & Next Steps 11 slides 100% 11/11 slides 100% 11/11 slides · 56 hits — 0/11 slides
36.4% 4/11 slides 63.6% 7/11 slides 100% 11/11 slides — 0/11 slides
Critique of Pershing Square 10 slides 100% 10/10 slides 100% 10/10 slides · 64 hits — 0/10 slides
— 0/10 slides
90% 9/10 slides 100% 10/10 slides 100% 10/10 slides Slide inventory
69 every slide · same image gating as the playbook
03
Includes non-GAAP disclosure footnote.establish_context
Open slide detailBeat · Situation & Context
06
Uses a 'before-after' bridge structure to link strategic pillars to quantitative outcomes.present_solution
07
The slide uses a before-after bridge logic to explain the drivers of margin expansion.analyze_data
08
Slide 7 from an ADP investor presentation, focusing on shareholder value metrics.analyze_data
09
The slide justifies the selection of S&P 500, broader tech/services, HCM-related players, and Gartner Magic Quadrant participants as relevant benchmarks for TSRcompare_peers
10
The slide uses stacked bar charts to show TSR performance, including a specific adjustment for CDK spin-off reinvestment.compare_peers
Open slide detailBeat · Evidence & Proof
14
The slide highlights strategic focus by showing specific business unit sales and spin-offs.summarize
Open slide detailBeat · Evidence & Proof
15
The slide uses a structured comparison matrix to highlight strategic focus areas.compare_peers
16
Includes market size projections and specific market share/positioning metrics by service line.analyze_data
17
Includes a 2x2 matrix from NelsonHall 2017 and a stacked bar chart showing market growth.compare_peers
18
Includes a NelsonHall competitive matrix and growth projections for the HCM market.compare_peers
21
The slide uses a stacked bar chart to show the composition of R&D spend and a list format to detail the benefits of specific technology initiatives.summarize
22
The slide uses a three-column layout to categorize organizational changes.summarize
23
The slide uses a 4-column layout to showcase product milestones and market leadership metrics.summarize
24
Shows shift in business model composition.analyze_data
25
The slide uses a central column to bridge the historical results of the Small Business transformation to the expected outcomes for the larger market segments.compare_peers
Open slide detailBeat · Impact & Next Steps
26
The slide uses a table structure to map strategic initiatives to past achievements and future goals.present_solution
Open slide detailBeat · Impact & Next Steps
27
The slide uses a funnel-like visual structure to connect service model changes to business outcomes.present_solution
Open slide detailBeat · Impact & Next Steps
28
The chart is a waterfall-bridge diagram showing the reduction of US non-sales locations.present_solution
Open slide detailBeat · Impact & Next Steps
29
The slide uses stacked bar charts to illustrate productivity improvements over a 6-year period.analyze_data
Open slide detailBeat · Impact & Next Steps
30
The slide uses a chevron-like background to imply forward momentum.plan_implementation
Open slide detailBeat · Impact & Next Steps
31
The slide uses stacked bar charts to show the composition of Field vs Inside sales roles.analyze_data
Open slide detailBeat · Impact & Next Steps
32
The slide uses a chevron-style layout to represent progress and forward-looking strategy.present_solution
Open slide detailBeat · Impact & Next Steps
33
The chart illustrates a 'pay for performance' shift where 'Role Model' performers receive significantly higher compensation in FY17 compared to FY13.analyze_data
Open slide detailBeat · Impact & Next Steps
34
Uses a central bridge graphic to connect market trends to company advantages.establish_context
Open slide detailBeat · Impact & Next Steps
35
The chart shows a stacked bar comparison between FY17 actuals and FY20F projections, with CAGR annotations for each segment.summarize
Open slide detailBeat · Impact & Next Steps
36
The chart shows the bridge from 20% margin in FY17 to 21-22% in FY20F, accounting for various operational levers and pass-through drags.show_valuation_bridge
37
The slide highlights the transition from investment-heavy periods (FY18) to expected return-generating periods (FY19-20).analyze_data
39
The table highlights ADP's alignment with shareholder-friendly governance standards.compare_peers
41
Includes a legend for a star icon denoting experience with investors as a public company executive.introduce_nominees
42
The slide uses a matrix to map committee members against specific industry/functional expertise areas.introduce_nominees
43
This slide serves as a governance disclosure to demonstrate responsiveness to shareholder feedback.establish_context
44
Includes a dual-axis chart for CEO pay vs TSR and pie charts for pay-at-risk.analyze_data
45
The slide uses a side-by-side layout to frame the opposition as unqualified while highlighting the incumbent board's strengths.name_villain
47
The slide uses a timeline-based table to highlight inconsistency in Pershing Square's demands (Board seats, CEO confidence, proxy extension).expose_contradiction
48
The slide uses a 'villain' framing to discredit Bill Ackman's claims regarding his firm's influence.expose_contradiction
49
Uses a 'Pershing Assertion' vs 'Fact' structure to systematically debunk activist claims.expose_contradiction
50
The slide highlights specific adjusted margin metrics with red dashed boxes to draw attention to the comparison.compare_peers
51
The slide uses a 'villain critique' approach to undermine the credibility of the activist investor by highlighting a lack of domain expertise.name_villain
52
The slide uses a comparison of fee structures to frame the subject's behavior as contradictory to shareholder interests.expose_contradiction
53
The slide uses a 'villain critique' framing to undermine the credibility of an activist investor by highlighting past failures.name_villain
54
The slide uses a bar chart to visually contrast the 29% return of Pershing Square against the 98% and 146% returns of the S&P 500 and ADP respectively.compare_peers
55
The slide uses a 'ripped paper' aesthetic to present external analyst quotes as evidence against an activist investor's proposal.preempt_rebuttal
59
The slide provides a reconciliation-style explanation of non-GAAP metrics.establish_context
60
Includes detailed footnotes explaining adjustments for Service Alignment Initiative and Workforce Optimization Effort.analyze_data
61
Includes footnotes explaining adjustments for Workforce Optimization Effort, Service Alignment Initiative, and client funds extended investment strategy.analyze_data
62
The chart uses a dual-axis approach (price and volume) with annotations marking specific events.analyze_data
63
The table includes two main sections: absolute TSR and relative TSR vs. comparables, with specific adjustments for 'unaffected' pricing.compare_peers
64
The table compares ADP's performance against a peer group, including market cap weighting and relative performance metrics.compare_peers
65
The table compares ADP's performance against a peer group of 14 companies, including market cap, beta, and TSR metrics over 'Since Carlos', 5-year, 3-year, and compare_peers
66
The table compares ADP's performance against Oracle, SAP, Ultimate Software, and Workday over various time horizons (Since Carlos, 5-year, 3-year, 1-year).compare_peers
67
The chart uses red bars for positive net change (dilution) and green bars for negative net change (repurchase/reduction).compare_peers
68
The slide directly refutes a specific claim by an activist investor (Pershing Square).expose_contradiction
69
The slide uses a matrix-like layout to map specific products to their respective accolades and analyst endorsements.cite_precedent