IDG Contributor Network: Cisco and the circle of corporate life
On numerous recent occasions, Cisco Executive Chairman John Chambers has acted as a harbinger for dramatic changes he and others say face the world because of the pace of technology change.In a video recorded at a recent International Monetary Fund event Chambers says technology “will transform every business model that we see,” predicting that “40 percent of the companies in America, Asia, Europe … will disappear in the next decade.”As dramatic as these predictions may seem, they are not unprecedented in business history. In fact, many of the dynamics at play, although happening at a more accelerated pace today, are in part responsible for the success of the company that Chambers led from 1995 to 2006. In this post, I’ll look at two examples from business history, companies whose fates were intertwined with that of Cisco Systems, and compare to the forces at work today.To read this article in full or to leave a comment, please click here
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