American - Businessman | August 23, 1949 -
Do you have the same vision of where industry is going as the target of your acquisition? If visions differ, you might get together economically for a while, but then you are going to have problems.
John T. Chambers
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What makes Silicon Valley really work? It's a unique combination of great educational institutions - especially at Stanford - that generate engineers and a culture that starts companies.
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I like to believe that I got my business knowledge from my dad. He was able to see trends a long way off. And my mom is very good with people and emotional.
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Our success at Cisco has been defined by how we anticipate, capture, and lead through market transitions. Over the years, I've watched iconic companies disappear - Compaq, Sun Microsystems, Wang, Digital Equipment - as they failed to anticipate where the market was heading.
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When a market isn't in transition, gaining market share is hard - you're fighting to take one or two points of share from competitors.
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I wasn't always interested in technology. I had been a student for a long time - I'd earned a bachelor's degree, a law degree, and an MBA - and decided that I wanted to work in a large corporation, focusing on finance and law, in either New York or Chicago.
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The political gridlock in Washington leads us to conclude that policymakers don't have the ability to put the public finances of the U.S. on a sustainable footing.
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The industry has to learn how to do CEO succession well. If your definition of success is Intel or Microsoft or HP or IBM, that's not a good track record, and yet they are the most successful ones.
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The definition of success is that the company doesn't miss a beat. Do I love what I do? Oh yeah - I love it more than ever. You've got to have that energy level 24/7. But you've also got to make sure the transition is smooth. Being realistic, most high-tech companies haven't done that well.
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I think we have a tax policy that was designed before Microsoft even went public. I think we've got to change - we're at a huge disadvantage around the world.
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You've got to really enable the next generation of start-ups.
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Every company, city, and country is becoming digital, navigating disruptive markets, and Cisco's role in the digital transformation has never been more important.
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