Can Two Such Different Companies Find Success In Today?s Market? :: essays research papers fc

Only a few years ago, lake herring Systems was a struggling alliance who only the technologically educated had comprehend of. Today, Cisco Systems ranks as the number whiz or two telephoner in most Internet technology. Anyone using the Internet today, will put on one realm or an early(a) of Cisco Systems. The driving reap behind Cisco is their visionary chief operating officer, John Chambers. How does a man who is dyslexic and doesnt understand much of the technology his company makes become so successful in the Internet age? He believes in empowering his employees and surrounds himself with multitude who do have the technical knowledge. Chambers believes in acquiring companies at an alarming rate to either acquire new technologies or the teams of deal who are developing the new technologies. This saves Cisco money and time allowing it to petabyte the way in the Internet world instead of playing sustain up. Chambers also believes in education as a major(ip) player in th e future success of not only his company, plainly for the entire country. His vision of doing it first, before the competition, has built Cisco Systems into the giant of the nurture technology field it is today. Chambers wants Cisco to be the number one or number two company in any area they compete in. If that is not possible, Cisco will not compete in that area.John Chambers took over as CEO of Cisco Systems in 1995. Since his rise to power, Cisco has sustained a growth rate snow% per year. angiotensin converting enzyme of the reasons for this growth is the kind of people Chambers keeps himself surrounded with. One example of this is Howard Charney, a senior vice-president at Cisco. Charney could be a CEO at another company if he wanted to be. He was co-inventor of the Ethernet and thus founded the first 100 megabit-per-second Etehrnet company. Charney later sold the company to Cisco and stayed on with the company. He says he stays because Chambers treats him as an equal and not as an employee. Chambers asks the advice of his officers instead of dictating to them and that is one reason they stay with the company instead of leaving for the competition. Many of the officers at Cisco have worked for other profitable companies in the information technologies field such as Wang, 3Com, and so forth This experience coupled with Chambers vision of being the company in the lead helps Cisco stay in the forefront of technology.