MANAGING CHANGE

(Tina Meador) #1

John Chambers at Cisco



  • In 2000, Cisco had largest market cap in the
    world, 50% annual sales growth.

  • Dot Com bust: Cisco stock went from 80 to
    11. John Chambers laid off thousands,
    shrank supplier, jettisoned product lines.

  • He commented in retrospect, “Without


exception all of my biggest mistakes
occurred because I moved too
slowly.”
Business Week, March 23&30, 2009, p. 030. “There is no
more normal” Jena McGregor

(c) James G. Clawson (^46)

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