Transcript
Patrick
My guest this week is John Chambers. John was the CEO of Cisco from 1995 to 2015 where he helped grow Cisco from $70 million to $40 billion in annual revenue. In this conversation we discuss the best business lesson he learned from long time GE CEO Jack Welch, his key lessons from acquiring over 180 companies with Cisco, pattern recognition and playbooks, capitalizing on market transitions enabled by new technologies, the value of team offsites, and a lot more. I was immediately drawn into John’s magnetic personality and it’s easy to see how he was so adept at running a 40,000 person company for 2 decades. I hope you enjoy this great conversation with John Chambers.
Near-Death Experiences as a Company
So John, I was toying with how to begin this conversation for everyone to hear. And I thought a really neat entry point would be the observation you told me about from Jack Welch, that you need a near-death experience as a company to become a great company. Can you walk me through that idea? And the episode for you?