ADP and the Future of Work (Part 4) — Strategy Assessment

In Part 1 of this Spend Matters PRO series, we summarized ADP’s business characteristics, its market and financial strength, and its increased investment in innovation R&D as a backdrop and foundation for the pursuit of its future-of-work strategy. In Part 2, we examined the significant technology developments and recent strategic acquisitions that make up key execution components of the strategy. In Part 3, we offered an explanation of how we see ADP’s future-of-work strategy, providing additional context and zeroing in on essential features. In this fourth and final part of this series, we step back to assess the strategy and what it may mean in a broader industry context.