The Eye of the Storm: How John Chambers Steered Cisco Through the Technology Collapse
- Binding: Hardcover
- Publisher: HarperBusiness
- Publish date: 02/01/2003
Description:
In just over five years, John Chambers turned Cisco Systems into America's most valuble company, with more than $500 billion in market capitalization in 2000. He was being called the next Jack Welch. Then the bottom fell out. Company stock, once at $80 per share, was trading at a shatteringly low $13.
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This is the inside story of Cisco -- the company that builds 75 percent of the products used for Internet traffic -- and Chambers, its leader. Robert Slater was the first author to be granted full cooperation from Chambers and other Cisco senior managers, as well as access to private company forums.
With unprecedented insight into the mind and method of this dynamic CEO, Slater reveals the business strategies that brought the company to the top, and how those strategies fared when the NASDAQ crashed to earth. The author examines what Chambers is doing to bring the company back to preeminence, and presents lessons for executives hoping to learn how to avoid the fate that befell Cisco.
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