Starboard Value | Activist Presentation Deck | 14 slides

Starboard Value · 2024-10
arc beats above · slides in the middle · loops below · scroll → 3 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Slide inventory

14
every slide · same image gating as the playbook
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Slide 1
front_matter
03
The slide uses a screenshot of a previous presentation to establish credibility and consistency in the activist's investment thesis.cite_precedent
Open slide detailBeat · Situation & Context
04
Uses the 'Rule of 50' framework (Revenue Growth + Adj. Operating Margin).compare_peers
Open slide detailBeat · Situation & ContextLoop · Benchmark Gap
05
The slide uses a dashed green oval to emphasize the margin expansion delta.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Benchmark Gap
06
Uses the 'Rule of 50' framework to benchmark performance against peers.compare_peers
Open slide detailBeat · Evidence & ProofLoop · Benchmark Gap
07
The slide uses a stock price chart to validate the thesis that recent operational changes have been rewarded by the market.summarize
Open slide detailBeat · Evidence & ProofLoop · Before After
08
The chart uses a broken axis for the higher multiples (ORCL, NOW).compare_peers
09
The slide uses a hub-and-spoke diagram to show how Agentforce integrates with Data Cloud and the Salesforce Platform.quantify_opportunity
10
Uses waterfall-bridge style to illustrate efficiency gaps.expose_gap
11
Uses a decision-tree style diagram to illustrate paths from current FY2025 baseline to future targets.propose_solution
Open slide detailBeat · Solution & ApproachLoop · Mece Breakdown
12
The chart uses a 'Rule of 50' framework, a common SaaS metric. The slide explicitly calls for Salesforce to move up the leaderboard to match the peer median.compare_peers
Open slide detailBeat · Solution & ApproachLoop · Mece Breakdown
13
The chart uses a broken axis for ORCL and NOW to accommodate higher multiples.compare_peers
Open slide detailBeat · Impact & Next Steps
14
front_matter
Open slide detailBeat · Impact & Next Steps