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)