{
  "docId": "019dd923-622c-750b-8b9c-3ab27badb381",
  "docSlug": "cdaa07ebe8a9",
  "documentTitle": "Juniper Networks (JNPR)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott Management",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-01-13 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 13,
  "pageCount": 28,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 50,
  "notes": "The slide uses a Glassdoor report to frame Juniper's high compensation as a sign of inefficiency rather than a competitive advantage.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "comparison_table",
    "callout_box",
    "footnote",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9c-3ab27badb381/13",
  "deckHref": "/decks/019dd923-622c-750b-8b9c-3ab27badb381",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9c-3ab27badb381.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9c-3ab27badb381#slide-13",
  "components": [
    {
      "bbox": {
        "h": 0.3,
        "w": 0.2,
        "x": 0.03,
        "y": 0.45
      },
      "kind": "callout",
      "text": "We have held extensive interviews with numerous industry experts that have stated that a $200M+ reduction of operating expenses is prudent and highly achievable while still enabling the company to maintain targeted investments in growth areas",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "13786b1c-a3a5-4778-93e6-6bfbb3c7fc9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "average base salary: $159,990",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-3f3d-76db-b331-42495528de52",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.108,
        "y": 0.155
      },
      "kind": "paragraph",
      "text": "Juniper has been recognized as paying the highest average base salary to software engineers, ahead of many technology stalwarts with larger revenue bases and market caps and better performance. This ranking supports the cost structure analysis that shows that the Company has excessive R&D levels relative to peers",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c8d67b9b-4279-4421-bdff-2dcf00c0d53d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.6,
        "x": 0.108,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Glassdoor, October 2013. http://www.glassdoor.com/blog/25-highest-paying-companies-software-engineers-2013-glassdoor-report/.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c97b535-c19e-43db-a103-e0621777d6d2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.65,
        "x": 0.24,
        "y": 0.23
      },
      "kind": "table",
      "text": "Ranking table of 25 companies with average base salaries",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9a9dda84-1d52-413a-908b-53fa5bf175de",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.63,
        "x": 0.108,
        "y": 0.115
      },
      "kind": "title",
      "text": "Juniper is Recognized as Paying the Highest Average Base Salary",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "19614b3e-8653-4551-b5fc-1a9506055999",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "comparison_frame",
      "slug": null,
      "matchId": "d5792f3b-9434-485c-b251-e117b98cc36b",
      "evidence": "Comparing Juniper's salary rank against peers to justify cost-cutting.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 20,
      "from": 11,
      "beatId": "c13ea284-1397-42ec-9158-2c9660202195",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "Proposes solutions including cost realignment and capital return plans.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 11,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "4a1d0039-af93-4d3e-b701-2f13798be462",
      "evidence": "Presents a solution through cost realignment and capital return plans.",
      "position": 1,
      "objective": "To present a logical solution",
      "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"
    },
    {
      "to": 20,
      "from": 11,
      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
      "matchId": "53d46158-657f-42f2-9e8e-6dd77f593dac",
      "evidence": "Suggests immediate implementation of cost realignment and capital return programs.",
      "position": 2,
      "objective": "To propose immediate value creation",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}