Cisco Systems Inc is a worldwide leader in networking and communications technology. With aworldwide employee count of more than 66,000 and presence in many countries around the globe,Cisco is a company that has been successful in harnessing innovation and change to emerge as asuccessful organization. The goal of this paper is to identify the process of leadership development inCisco in order to understand the basis of the strong leadership skills seen in the company.
2. CISCO SYSTEMS INC
Cisco Systems Inc was founded in 1984 out of Silicon Valley, California. Started initially by marriedcouple Len Bosack and Sandy Lerner, the company is today the biggest player in the market fornetworking equipment with more than 65% share in the worldwide core router (networking equipment)market. The company places a lot of emphasis on the culture of innovation, adventure and risk taking.Right from the mid 1990s Cisco
s growth has been fueled by acquisition of other smaller tech companieswhich typically have a workforce of a few hundred and are based out of Silicon Valley. The company hasa standard framework for acquisition integration which it applies to the acquiring companies. CiscoSystems Inc was a of the poster child of the dot com era and is considered a very nimble company for itssize.The method of acquisition fueled growth that the company is now famous for started in 1993 with theacquisition of Crescendo Communications. The number of companies acquired by Cisco today stands ata whopping 135. This mode of growth is seen as a key to the success of the company. The companyprides itself for having successfully mastered the art of integrating acquired companies into the Ciscofold. For the record, the company states that more than 50% of its current employees are those whohave successfully transitioned from the acquired companies.