https://www.bloomberg.com/news/articles/2017-09-18/cisco-s-chambers-to-step-down-from-board-ceo-robbins-takes-role
Its over for Chambers at the end of the year.
https://www.bloomberg.com/news/articles/2017-09-18/cisco-s-chambers-to-step-down-from-board-ceo-robbins-takes-role
Its over for Chambers at the end of the year.
The book titled "The Cisco Way" is about the Boards & Councils. I wish to give JC this BS book to him as parting gift.
Yeah... boards and councils. What a terrible idea! I even read about it in a book authored by someone used to work at Cisco about it. Harvard Business Journal may have written about it too.
It makes my skin crawl when I read Cisco Family in his resignation email. There is never Cisco Family. We are no family.
Chambers messed up big time when he implemented the "Boards and Councils" and thus Charlie Giancarlo left. Charlie (who ran CDO forever) should have been the next CEO. Instead we've got an exec board that doesn't know what they're doing.
So what happened to Chambers?
Moving on to another company or Board.
Leaving a sinking ship before tarnishing his legacy.
Disagreement with management or board.
Chambers was great at sales. He failed with engineering. He let poor quality management rise and destroy it. Gary Moore was also a large contributor to the engineering decline. It was rumored that the board put Gary Moore in the operations role against Chambers' wishes.
Chambers is I think a great CEO. He made sure Cisco survives although the competition was heating up. He got a few technology trends right. Execution by the flank was not there. Cisco survived partly because of his technology vision selling skills while the internal development and products s---ed.
Chuck can't even do that.
This will hopefully put an end to the 2nd biggest waste of money in our history behind IBSG... the CDA program. Country digitisation acceleration or should we say fluffy jobs for those with no skills. UK cda lot are a joke. JC was a top dude apart from that.
Oh good , cue clearout of the old guard , hangers on and assorted has been baby boomers that once were a thing but are all now going to have to supplement the millions they have pocketed with a part time Wall Mart gig ?
On the plus side does this mean that Chuckee is so busy as chairman creating his own board of devotees that we get a new technical CEO ?
Just asking .....
Is he leaving on his own or because his entourage is gone. All of his close leads left well before, M,P,L,S, PW and JU..etc.
This is hardly news. Everyone knew he would step aside and leave Chuck as chairman. Its good to moan and all that but this really isn't a story.
Personally I joined in 2011. I would suggest that without JCs leadership Cisco wouldn't have even existed in 2011 if he hadn't have been at the helm. I now bet a load of wannabe CEOs will now start posting about how cr*p he was.
I'm happy to stick my hand up and say he was a pretty cool CEO / Chairman.
A few words come to mind.... Rat, sinking ship, leaving!