Cisco Systems

Cisco system is the sixth highest growth companies in the world. Its 1 year Revenues is $28,500(millions). John T. Chambers Chairman and Chief Executive Officer of Cisco system.
What makes it so great? Though the stock flatlined in 2007, CEO John Chambers won praise for his leadership and his new blog, On My Mind, which solicits employee ideas.
With 34,000 employees, Cisco Systems was the world's largest manufacturer of routers and switches in the early 2000s. Both form an integral part of the networking technology used to connect users to the Internet. Roughly 80 percent of the firm's revenues stem from transactions completed on Cisco's Web site, which is considered to be one of the most successful business-to-business sites in the world. Although sales in 2001 grew 17.8 percent to $22.2 billion, Cisco posted a loss of more than $1 billion. Management blamed this on a steep drop in orders—fueled by cuts in spending, particularly in the telecommunications sector—which left the firm with high levels of inventory.
"Fifteen years ago we said we would change the way the world works, lives, plays and learns. Today, this company has the ability to understand and adapt to change, with a balance of leadership in four key customer segments. We have the courage to change, are setting the pace for change in our industry that’s never been seen before, and have the vision to take our customers into the future. We are truly redefining the industry, with the network becoming the platform for all communications and IT. What this really means is that we are the company that will enable all of life’s experiences, both personal and business, for the future."
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