{
  "docId": "019dd923-622b-71dc-a6da-6d120904659d",
  "docSlug": "948af214aaf1",
  "documentTitle": "Salesforce, Inc. (CRM)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-10-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 12,
  "pageCount": 14,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 18,
  "notes": "The chart uses a 'Rule of 50' framework to benchmark performance. Salesforce is highlighted as needing to move up the leaderboard to reach the peer median.",
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  "slideHref": "/slides/019dd923-622b-71dc-a6da-6d120904659d/12",
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  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-6d120904659d#slide-12",
  "components": [
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        "x": 0.38,
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      "kind": "callout",
      "text": "Salesforce should, at a minimum, be in-line with the peer median",
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        "h": 0.6,
        "w": 0.85,
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      "kind": "chart",
      "text": "Revenue Growth + Adj. Operating Margin vs. Peers (CY2025E)",
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      "kind": "metric",
      "text": "Rule of 50: 53.5%",
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      "toolName": "Quantification",
      "toolSlug": "quantification",
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      "kind": "source-note",
      "text": "Source: Company filings, Bloomberg, Capital IQ, Visible Alpha. Note: Rule of 50 score reflects CY2025E revenue growth + CY2025E adjusted operating margin.",
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      "kind": "title",
      "text": "We believe Salesforce can operate above the Rule of 50 by improving revenue growth and continuing to expand margins.",
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      "kind": "title",
      "text": "Salesforce Can Achieve the Rule of 50 by FY2028",
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  "metrics": [],
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  "frameworks": [
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      "evidence": "The slide explicitly uses the 'Rule of 50' (Revenue Growth + Adj. Operating Margin) as the primary metric for peer comparison.",
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      "arcName": "Rags to Riches",
      "arcSlug": "rags-to-riches",
      "beatName": "Ultimate Achievement",
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      "evidence": "The conclusion highlights the potential for Salesforce to achieve the Rule of 50 and exceed it.",
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      "confidence": 0.8,
      "parentBeatName": "Resolution",
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      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
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      "evidence": "The presentation makes a case for Salesforce's potential to achieve the Rule of 50.",
      "position": 2,
      "objective": "to present a compelling case for achieving the Rule of 50",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.7,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
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