Cisco Blog » Blog Archive » Message from John Chambers: Where Cisco is Taking the Network

It is often said that the hallmark of a good leader is their willingness to hear the bad news, and take transparent steps to address the issues. Cisco has published a memo from their CEO John Chambers about what ails Cisco. As a shareholder I must say that I am happy to see this level of transparency. Cisco stock has done poorly over the last five years and sometimes it has felt like the company has grown too big to be managed effectively.

But this memo seems to indicate that John wants to challenge the organization to become more nimble and take on the beast of bureaucracy. I hope that he succeeds because if he doesn't he will loose a lot of long time investors like me, who have vested their trust, and their investments in him.

Read on...

Cisco Blog » Blog Archive » Message from John Chambers: Where Cisco is Taking the Network: "today we face a simple truth: we have disappointed our investors and we have confused our employees.  Bottom line, we have lost some of the credibility that is foundational to Cisco’s success – and we must earn it back. Our market is in transition, and our company is in transition.  And the time is right to define this transition for ourselves and our industry.  I understand this.  It’s time for focus"
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