Cisco Blogs

Cisco IT Innovation Forum – A gateway to thriving in turbulent times

- April 27, 2009 - 31 Comments

When meeting with some of my industry peers, I often get asked “How’s Cisco doing?”. In some ways it is a loaded question. On one hand, I think Cisco is doing extremely well considering today’s turbulent times. The innovation engine is humming along. On the other, it’s not being complacent either taking things easy. With a publicly stated goal of cutting costs by $1 billion by July, it’s a challenge that’s top-down and across the company. It’s fair to say a lot of these costs savings are through increasing operational efficiency and better collaboration. There are different ways to weather turbulent times. Solid cash and cashflow. Good M&A strategy. Good leadership, strategy and execution. Frugality. Sustained innovation coupled with operational excellence. If it were a multiple choice question, this is the one that you’d tick “E” — “All of the Above”. To a large extent it is about understanding market transitions, and being in a good enough position to drive some of it.Funnily enough, none of this is new. This stood us in good stead during the dot-com crash and technology-led bust of the early 2000s. A quick search on will reveal books like “John Chambers and the Cisco Way: Navigating through volatility” and “The Eye of the Storm: How John Chambers steered Cisco through the technology collapse“. I’ve often heard John remark, that Cisco has benefited tremendously by being a good listner, understand our customer requirements and working with them to execute. This time, our ears are perked up even more, as our customers and partners are challenging themselves (and us) to deliver operational excellence with limited budgets and without compromising on innovation. “Do more with less” is the clarion call.Cisco IT Innovation ForumThis is a challenge we have to resolve together with our customers and partners on a global basis, by proactive partnership, transparency and sharing best practices. Any product innovations are a means and not an end to deliver on our customer requirements.In line with this mindset, on May 7th, 2009, Cisco is hosting a Virtual IT Innovations Forum, an interactive platform that brings together our global customers, our solution partners, industry analysts and some of our own executive and technology talent from within Cisco to share best practices and ideas to weather this economic downturn and prepare for the upturn. Despite the seriousness of the current economic climate, a little humor never hurts. Thank God for Scott Adams. We’ve our own take on injecting a little humor. Some of it is reflected in these viral videos that our team put together to help promote the Innovation Forum. This one’s titled “The copier”Look out and watch for the other videos in the series. After you’ve had a good chuckle, or fallen out of your chair, go ahead and take the next step. Register to attend the Cisco IT Innovations Forum on May 7th. It’s FREE! You don’t have to leave your desk to hear some of the best minds in the business talk shop. What better way to foster Innovation? Or Operational Excellence? Or Both?I’ll share specifics around some of these sessions in upcoming blogs. For those of you, who absolutely cannot make it on the 7th, don’t lose heart. We’ll have these as on-demand sessions thereafter for a few months.In the meantime – before, during or after the Cisco Virtual IT Innovation Forum, you can interact with us on the CiscoGeeks Twitter Website, our various Facebook sites, or provide your questions or comments during some of the sessions on May 7th.

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  1. Great video. Thanks for sharing information with us, this blog is very interesting. I learn a lot of things.———————Clydecomment devenir riche"

  2. Great video, thanks for sharing-----------------pierre at annonces moto"

  3. Nice video ! Great post !Thanks for sharing

  4. This is a very proactive approach to it all. I applaud Cisco for taking these steps. A great video as well :)

  5. The above mentioned forum is more applicable in IT fields. Its more informative, may helps to make an innovation in IT fields.------------Med Vision Medline"

  6. I've registered and I can't wait to attend the Cisco Innovation Forum on May 7th.Joseph, Marketing Manager at Bet365"

  7. Great article:)thanks for your sharing this information

  8. I loved reading here and the Video was nice to watch, real funny.Best regardsKurt

  9. that video is soooo funny but poor jerry the intern. lots of ways to cut cost these days and i appreciate the post to help us face this recession

  10. This is a remarkable publish, im ecstatic I uncovered this. Ill be back again later to check out other posts that you have on your blog.

  11. Danke!

  12. Sehr schön diese Seite, wenn ich alles gelesen habe, werde ich mich hier wieder melden.

  13. I totally agree

  14. agree with your first statement. Cisco seems to be doing about as well as you could expect someone to do in today’s economy.

  15. It seems that you are maintaining a steady blogging pace. Well done! Looking for more updates from your end. Thanks a lot!

  16. Good job! THANKS! You guys do a great website, and have some great contents. Keep up the good regards,

  17. Great video, thanks for sharing...

  18. I agree with your first statement. Cisco seems to be doing about as well as you could expect someone to do in today's economy.

  19. Cisco has, and always will ride out any potential storm. John Chambers has a demanding position but he is well suited to the role.

  20. I conjecture you guys are doing something right consider how well your earnings report was for this past quarter.

  21. I recommend John Chambers and the Cisco Way: Navigating Through Volatility book.Through reading this book I know why Cisco is the most valuable company in the world.

  22. I agree with you. Thanks

  23. This is really interesting !!

  24. The thing I love about Cisco is the stability but also how current it continues to be.

  25. Thank you for sharing

  26. Very funny video! There are many more if you search for ciscovid on youtube.

  27. Great Article, i total agree with you! is very interesting video

  28. Thanks for this interesting video !

  29. I agree with you too, if there is one who is able to take this responsability.

  30. I agree with you, if there is one who is able to take this responsability, it's John Chambers !