{
  "docId": "019dd923-5e88-73ef-bd5b-2e3ca625ccc0",
  "docSlug": "3ea6726edfba3228",
  "documentTitle": "2020 am investor day",
  "authorId": "JPMorgan",
  "authorName": "JPMorgan Chase & Co.",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.647,
  "pageNumber": 13,
  "pageCount": 27,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "strategic_options",
  "function": "present_solution",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "The slide uses a two-column layout to contrast external market conditions with internal strategic priorities.",
  "elementsJson": [
    "bullet_list",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5b-2e3ca625ccc0/13",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5b-2e3ca625ccc0",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5b-2e3ca625ccc0.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5b-2e3ca625ccc0#slide-13",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "M&A will always prioritize our clients' needs and focus on increasing shareholder value.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-28a8-72e5-a81b-72cbf0a2b925",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.25,
        "x": 0.71,
        "y": 0.35
      },
      "kind": "list",
      "text": "Key success factors: Leverage learnings, Cultural and organizational alignment, Swift integration, Maximize synergies, Strong governance",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "94cc8287-a1d1-453a-aea7-3a1cbb4ce2c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.25,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "list",
      "text": "Industry dynamics favorable for M&A: Structural industry change, Mid-tier managers being squeezed, Benefits of scale, Muted organic growth, Public company valuations at relative lows, Economic / cyclical uncertainty",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "967bb7c9-a53f-40c2-acd0-e497139f26cd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.35,
        "x": 0.33,
        "y": 0.25
      },
      "kind": "list",
      "text": "Our approach to M&A: Organic growth preferred, Prioritize client needs, Opportunistic approach, Enhance capabilities, Expand distribution, Strengthen digital, Interested in high-performing teams",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e4ee9667-88b1-4632-a544-64ced063cb95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.04,
        "y": 0.1
      },
      "kind": "title",
      "text": "M&A: A potential strategy to supplement our organic growth",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2fa605bf-ef19-425f-aa5d-e7526ef077be",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 16,
      "from": 9,
      "beatId": "dbb36da0-424e-4fa2-b142-0e6504a6e84d",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "The slides outlining growth drivers, investment performance, and strategic investments provide a clear plan for future success",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 16,
      "from": 9,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "ed7464f1-6854-42c5-9304-e12811046fc7",
      "evidence": "The slides outlining growth drivers, investment performance, and strategic investments provide a clear explanation of the business model and plans for future success",
      "position": 1,
      "objective": "To explain how AWM will continue to grow and succeed",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}