John Chambers: Where Cisco is Taking the Network

Cisco is a $40 billion company that for the last decade has seen a virtual explosion in market opportunity but that must now regain the discipline it had in earlier days and re-focus, writes John Chambers in a message to Cisco employees that was posted on the company blog.

Chambers argues that the company’s fundamental strategy is right — extend the network platform to enable collaboration, data center / cloud transformation and video architectures on a global scale. However, he acknowledges that the company has “disappointed our investors and we have confused our employees” and must now earn back the credibility that was lost by the lack of focus.

Chambers does not lay out any concrete steps in the making. He promises bold steps and tough decision ahead to clean out the portfolio “with surgical precision.”http://www.cisco.com