and strategic bets that would position the company for future growth .
During the 2008 financial crisis , for instance , Chambers made the decision to continue investing in key areas like video conferencing and data centre technology , even as Cisco implemented cost-cutting measures . This strategy paid off , allowing Cisco to emerge from the recession stronger and better positioned in high-growth markets .
Chambers ’ leadership style has been characterised by a unique blend of realism and optimism . He often spoke about the need for leaders to be honest about their current situation while remaining optimistic about the future .
This approach helped Cisco not only survive but thrive during challenging periods , maintaining its position as a leader in the networking industry .
Beyond his operational prowess , Chambers was known for his ability to anticipate and adapt to technological shifts . He led Cisco through numerous transitions , from the rise of mobile computing to the emergence of cloud technology . Under his guidance , Cisco made strategic acquisitions and investments that expanded its portfolio beyond networking hardware , venturing into areas like cybersecurity , collaboration tools and the Internet of Things .
30 October 2024