Technology Magazine October 2024 | Page 28

JOHN THOMAS CHAMBERS TITLE : FOUNDER AND CEO COMPANY : JC2 VENTURES LOCATION : UNITED STATES
LIFETIME OF ACHIEVEMENT IN TECHNOLOGY
s the CEO of Cisco Systems from 1995 to 2015 , John Chambers orchestrated one of the most remarkable growth stories in Silicon Valley history , transforming a mid-sized networking company into a global technology powerhouse .
When he took the helm at Cisco in 1995 , the company was primarily known for its routers and switches , with annual revenue of US $ 1.2bn . By the time Chambers stepped down two decades later , Cisco had become the backbone of the internet , boasting revenues of nearly US $ 47bn .
Chambers ’ tenure at Cisco coincided with the explosive growth of the internet . While many saw the internet as merely a communication tool , Chambers steered the company towards a strategy of ‘ selling outcomes ’ rather than just products , focusing on the broader benefits that Cisco ’ s technologies could bring to organisations .
This approach paid dividends . Under Chambers ’ leadership , Cisco became integral to the internet ’ s infrastructure , powering the networks that connected businesses and individuals globally .
One of Chambers ’ most notable strengths was his ability to navigate crises . Throughout his tenure , he guided Cisco through multiple economic downturns , including the dot-com bust of the early 2000s . Chambers ’ crisis management playbook emphasised agility and swift decision-making . He advocated for scenario planning , rapid adjustments to cash flow and headcount

JOHN THOMAS CHAMBERS TITLE : FOUNDER AND CEO COMPANY : JC2 VENTURES LOCATION : UNITED STATES

John Chambers , former CEO of Cisco Systems ( 1995-2015 ), transformed the company from a US $ 1.2bn networking firm into a US $ 47bn tech giant . Known for his visionary leadership and crisis management skills , he now leads JC2 Ventures , investing in disruptive startups and advising global leaders on technology and innovation .
28 October 2024