Monday, February 21, 2011

Building the next generation companies: Innovation, talent, and excellence - Cisco CEO

Blog Assignment #5 (Due Feb 23, 11:59 pm): Post a blog to highlight the key points of and lessons learned from this videoed speech.



John Chambers, a man who turned a company making millions into a company making billions, knows what it takes to harvest a group of employees that are fresh and innovative. He focuses on how tools such as Facebook, YouTube, Twitter, and C-Vision are enabling employees to gain leverage in their jobs. This communication enables employees to learn on the fly, as well as communicate important business information while on the go. John stated that internal networks were predicted, seven years ago, to grow by 200%, but explains that due to the advances in web 2.0, networking and hardware, we are able to utilize the network to use those tools. Because of the advances, internal networks have grown to over 600%. 

With Cisco's technology, businesses, government and other large agencies are able to communicate without having to spend money on flights, hotel, etc. Over the years, Cisco's technology has not taken off due to the propriety of the technology. In today's standard, they have adapted to multiple vendors that run multiple codecs. This change in standards has enabled Cisco's products to integrate wholly with other systems. With Cisco's product innovation, doctors are now able to perform surgeries "live" via webcast. Along those same lines, any user at home can perform tasks via their broadband connections (how-to vids, performances, etc.).

It is apparent that pushing to a global economy has tipped John into performing in the billions rather than millions. His association with China and Jordan has given the business more profit than ever imagined. 

The ideology behind video over network has been a game-changer for years. The only hindrance has been bandwidth issues. With the new web environments, faster hardware and faster network speeds, Cisco's products become more realistic to be used in not only business but personal settings. Having the hardware and framework in place, Cisco will create ideas in people's minds that help push the vision of the company to the next level.