Contrite Cisco Regroups Before Skeptical Wall St.

The New York Times (May 8 2011)

1. John T. Chambers, one of the best salesmen in Silicon Valley, has been having trouble selling anyone on his company’s future. John Chambers, chief executive of Cisco Systems, said last month that the company needed to earn back investors’ trust. Cisco Systems, where he is chief executive, is in a slump. The management system he put in place slowed decision-making and innovation. The company’s growth has slowed and its profits are falling. His latest sales pitch is that he can revive Cisco — a technology colossus that makes computer networking equipment — by pruning its sprawling business and refocusing on its strengths. (Read Full Article)

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