Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q4 2017 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market, and that this convergence validates their position. The transcript: Blake Moret talks about the Connected Enterprise, integrating control and information. He says customers are pulling them into plans to connect their enterprise. He mentions that they are best positioned because they are already on the plant floor, have differentiated technology, etc. But does he say others are following? He says "customers are telling us that others are trying to replicate what we do"? Actually, he says: "customers are telling us that others are trying to replicate what we do"? Let's check. In the transcript, Blake says: "The opportunities for integrating control and information are greater than ever, and the value of the Connected Enterprise is being demonstrated across all of our verticals and around the world. I believe we are best positioned to deliver this value to our customers, because we are already on the plant floor, with a large installed base we have differentiated technology and domain expertise, and we have a long history of successful partnerships. The value we provide is in high demand as every day customers are pulling us into their plans to connect their enterprise to become more competitive." He doesn't explicitly say competitors are copying. He says customers are pulling them in. He says they are best positioned. But no mention of others adopting their approach. He mentions that they have a single platform, etc. But no statement that others are following. Later, when asked about Emerson, he says customers want a single platform, and that they are the biggest company dedicated to industrial automation and information. But again, no mention of others copying. The question asks: "does management describe that the WAY THIS COMPANY DOES THINGS ... is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET?" There is no such description. Management talks about their own strategy and customer demand, but not about competitors imitating them. They mention that they have a strong position, but not that others are following. Thus answer is NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?