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Cisco Systems' Ability to Stay on Top
Cisco’s Systems’ Ability to Handle Internal and External Factors
Cisco’s Ability To Handle Internal and External Factors
Should managers of today’s corporations be concerned about the factors that can affect their company’s bottom line? Managers of today’s corporations must be aware of and responsive to factors that can affect their company’s bottom line. The growth and success of an organization is proportional to its ability to handle internal and external factors such as rapid change, globalization, innovation, . Cisco Systems is a model in handling these factors.
Rapid Change
Cisco’s management responds to the rapidly changing environment by keeping lots of cash on hand, being customer-centered, focusing on their core business by engaging in strategic partnering, and maintaining a nearly 100% internet-based customer support, training and order fulfillment system.
Positive cash flow is another key strategy employed by CEO John Chambers in the response to rapid changes in the industry, especially in the case of would-be competition. Cisco has faced serious challenges from competitors in some part of their primary market about every two years (Meta Group, 2001). Every time Cisco has faced a cha
Approximate Word count = 1994
Approximate Pages = 8 (250 words per page double spaced)
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