Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q3 2019 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 they treat this as validation. Key points from transcript: - Andrew Anagnost discusses construction industry and PlanGrid acquisition. He says: "You have heard me say many times that the construction industry was a key focus area for us in becoming a design and make company. It’s hungry to deploy more technology and were ready with compelling solutions." That's about their own positioning. - He mentions "We are expanding our capabilities in the construction space by acquiring PlanGrid to complement our construction portfolio as well as to enhance our reach within the industry." Not about others copying. - He talks about BIM 360 and cloud ARR growth. No mention of others adopting their approach. - Scott Herren discusses ARPS drivers, eStore growth, etc. No mention of competitors following. - There is a mention of "the conversation in its market has shifted" but not really. - Andrew Anagnost on manufacturing: "There’s an absolute change in the manufacturing market and that change favors the cognitive, and we’ve invested, we’ve been patient. We work hard on that and its going to pay off in terms of share shift long term." That's about their own advantage, not others copying. - He also says "We are making terrific progress while remaining committed to our FY 2020 goals." No mention of imitation. The question asks: Does management describe that their way of doing things is being adopted, copied, or moved toward by others? I see no such description. They talk about their own growth, their own strategy, but not about competitors or market following their lead. They mention that construction industry is hungry for technology, but that's not about copying Autodesk specifically. They mention that they are expanding, but not that others are following. There is a mention of "the conversation in its market has shifted" but not really. 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?