<![CDATA[Gawker: valleywag, john chambers]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, john chambers]]> http://gawker.com/tag/valleywag/johnchambers http://gawker.com/tag/valleywag/johnchambers <![CDATA[Cisco cancels big sales conference]]> The economic pain continues to trickle down: Cisco is cancelling a two-week sales conference planned for next August in San Francisco. Conferences like this are a combination of boot camp, old-fashioned tent revivals, and frat keggers, held to rev up a company's revenue generators; ostensibly meant to educate salespeople about new products and compensation plans, they more often devolve into debauchery.

For Cisco, even the cancellation is a sales opportunity; the company is pitching it as an example of the money-saving potential of its videoconferencing and teleworking products. Boring! Throwing money at salespeople is the best way to make them feel loved — just another sign that Cisco has no real understanding of what a human network really means. It also suggests CEO John Chambers's influence is waning at the company — since this is the kind of event at which his evangelical delivery shines.

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<![CDATA[Cisco cuts 129 as CEO says "no cuts"]]> There's a thin line between "cheerleader" and "liar." And Cisco CEO John Chambers likes to wave his pom-poms over it. Speaking at a Gartner conference, Chambers said the company wasn't planning any cutbacks, commenter sample032 noticed. On Monday, Cisco filed papers to start a mass layoff of 129 employees in its Richardson, Texas facility. Not technically a lie, a Cisco spokesman maintained to the San Francisco Business Times, because the company "continuously evaluates its businesses to align human and capital resources to address key growth opportunities and improve efficiency." The new euphemism for "layoffs" is "business as usual."

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<![CDATA[McCain eyes Whitman, Chambers for Treasury]]> If John McCain gets into the White House, he probably won't ask Treasury secretary Henry Paulson to stay. "I think it would be someone that Americans would recognize that would inspire trust and confidence. There's people like John Chambers, there's people like Meg Whitman, there's people like Warren Buffett," McCain told Reuters. Two of those three might consider the job a step up. (Photos by AP/Dharapak, AP/Paul Sakuma)

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<![CDATA[Tech's 10 worst-rated CEOs, according to their employees]]> Benchmark-backed Glassdoor.com popped out of stealth mode as a site that lets users find out what employees think of their employers. As a part of the ratings, company CEO's get a grade. Some, such as Cisco's John T. Chambers and Apple's Steve Jobs fared very well — coming away with 93 percent and 95 percent approval ratings. Others, including Microsoft's Steve Ballmer and Yahoo CEO Jerry Yang, did not. The ten worst-rated CEO's and what employees told Glassdoor they think about them, below.

VeriSign chairman Jim Bidzos
An employee's advice to senior management:

Don't drag out the divestiture process in an effort to get a few extra bucks. And if you're going to kill the whole thing, be honest with employees about opportunities.

AMD chairman and CEO Hector Ruiz
An employee's advice to senior management:

AMD needs to go back to basics. What business is AMD in, who do you need onboard to lead the company in that business, who do you need that can create demand for the product, and what do the customers want? Ignore the "how" and focus on the "who." Stop treating employees like costs and more like assets. Threatening cubical hoteling and pushing the "do more with less" story is oppressive, not inspiring. The most marketable talent will leave first.

EMC CEO and chairman Joe Tucci
An employee's advice to senior management:

Senior management needs to respect its employees, listen to feedback and not bury its head in the sand as it relates to issues of sexism and lack of diversity. The culture continues to be predominantly young white men and this is largely because people hire who they know. "Breaking the glass ceiling" requires a lot of sacrifice! They will cite a few examples of high profile women, but these are the exception, not the rule. Work/life balance is not a priority in this company. Most of the highest ranking professional women in this organization are unmarried or do not have children. They need to recognize the need for more flexible work options that promote the importance of family. And most importantly, there need to be consequences for illegal and unethical behavior, regardless of who commits it! People cannot be protected from this. There are too many blind eyes turned when sexual harassment, illegal business practices, or other unethical acts occur.

Yahoo CEO Jerry Yang

An employee's advice to senior management:

Be more open to the workforce opinions. Be more humble. Be less political. Listen more, do more, and quickly.

eBay CEO John Donahoe
An employee's advice to senior management:

Streamline the process so people can focus more on getting their work done. Share more of the details of the vision for eBay and the competition of eBay.

Symantec CEO John Thompson
An employee's advice to senior management:

Open your eyes to how the actually successful companies are doing it. Use your talent pool and clear the way to innovate internally. Shift the focus from salesmanship to inherent quality. Build products that sell themselves rather than needing an aggresive sales cycle to move.


Hewlett-Packard chairman, president and CEO Mark Hurd

An employee's advice to senior management:

Stop screwing the employees. Stop reducing benefits every week. Stop saying you plan to invest in research and development when you are actually reducing everything except your bonuses. Start treating people as people. Get some moral fiber.


EDS chairman, president and CEO Ron Rittenmeyer

An employee's advice to senior management:

As I said above, either learn to trust the junior leadership you put into place or replace them. Set goals and then GET OUT OF THE WAY and allow the leadership the flexibility to execute to them. If they don't perform, release them. The micromanagement culture has to stop.

IBM chairman, president and CEO Sam Palmisano
An employee's advice to senior management:

One thing is missing though, an acceptance of the fact that there are "superstars" in the world, and that these superstars perform several orders of magnitude better than regular employees. What is missing within IBM is the ability to seek out, and nourish these superstars. Over time superstars will leave IBM because they will get much more recognition in other organizations. This has an impact on IBM's ability to deliver some things.

Microsoft CEO Steve Ballmer
An employee's advice to senior management:

There is a severe lack of leadership in the company. With so many things going on it takes executives too long to commit to business decisions and too long to pick up on competitive responses to disruptive technologies.Microsoft promotes based on 2 facets - technical knowledge and political saavy. What Microsoft does not promote based on is leadership ability, managerial ability or business saavy.

(Photo of Ballmer by AP/Sarbach)

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<![CDATA[One-time heir apparent to Cisco CEO Chambers takes over Avaya]]> As current Avaya CEO Lou D'Ambrosio steps down due to health related reasons, Charles Giancarlo will move from his role at Avaya's owner, private equity firm Silver Lake, to interim CEO. Industry watchers long expected Giancarlo to take the CEO's office — just not at Avaya. Word has it Cisco's John Chambers wanted Giancarlo to be his successor. When Giancarlo left Cisco in December 2007, Chambers told reporters: “Charlie’s been one of the very few leaders that I’ve lost out of Cisco when it wasn’t the right time to lose him."

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<![CDATA[Cisco earnings up, net income down reports CEO John Chambers]]> Network equipment manufacturer Cisco reported a 10 percent increase in revenue to $9.8 billion, but a 5.4 percent drop in net income due to operating and acquisition costs. Trading volume spiked just before the closing bell, but the stock gained only a tenth of a point over yesterday's close. [WSJ] (Photo by AP/Michel Euler)

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<![CDATA[Cisco preparing for downturn?]]> Cisco has told some managers to limit expenses and use up accumulated vacation days. In February, Cisco cut growth targets to 10 percent from 15. CEO John Chambers also warned that the current slowdown in growth could last from two to five quarters. Why not just offer buyouts to employees who are unhappy with the company? That seems easier.

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<![CDATA[Cisco CEO John Chambers warns of slowing tech spending]]> Chambers.jpgSpending on hardware and software is slowing, Cisco CEO John Chambers said yesterday. Faced with big-picture uncertainty, U.S. and European customers are becoming "increasingly cautious" Chambers told analysts during yesterday's earnings call. He said Cisco sales slowed in January after a solid December. One analyst said the warnings were "more harsh than I expected." (Photo by World Economic Forum)

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<![CDATA[Heir apparent leaves Cisco]]> Once upon a time, Charlie Giancarlo was Cisco's crown prince, the heir certain to CEO John Chambers. As chief development officer, he oversaw a vast swathe of future products. But his power was recently cut back, with R&D responsibilities handed over to a council of executives. Now Giancarlo has resigned, and he's joining Silver Lake Partners, the tech-buyout fund. Not for long, though, we'd bet. Private-equity funds like Silver Lake and Elevation Partners are proving convenient places to park CEOs-in-waiting. Think of Giancarlo's career move as a temporary exile as he searches for a new kingdom.

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<![CDATA[John Chambers's echo chamber]]> Some Silicon Valley CEOs rally the troops by hosting ski trips or offering free iPhones. And then there's Cisco CEO John Chambers. He uplifts his workers through internal corporate communications — a webcam set up in his office which allows him to record video missives on his latest travels and to pooh-pooh the last quarter's earnings report. Comments on the videos are enabled, and, some may say, enabling. Unlike the snarky criticisms you see on YouTube or other video sites, all the comments after Chambers's clips are a hallelujah chorus. Cisco's amen corner, after the jump.

JohnChambersWebcam463.jpg

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<![CDATA[Tony Blair meets the entire Silicon Valley pantheon]]> Unroll your conspiracy theory maps and pull out your markers — here are the Valley bigwigs who met with Tony Blair during the UK Prime Minister's recent visit to Silicon Valley, culled from the SF Chronicle and Mercury News.

  • Steve Jobs, Apple CEO
  • John Chambers, Cisco president and CEO
  • Mark Hurd, Hewlett-Packard prez and CEO
  • Hector Ruiz, Advanced Micro Devices chairman and CEO
  • Jonathan "Does this ponytail make me look edgy" Schwartz, Sun Microsystems prez and CEO
  • Vint "I really invented the Internet" Cerf, Google VP
  • Gavin Newsom, San Francisco mayor
  • A robot

British prime minister visits with execs in Silicon Valley [Mercury News]
Blair visits Delancey Street cafe, world events a phone call away [SF Chronicle]
Photo: Jobs, Chambers, and Blair try to bite each other at once

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