Post by Admin on Feb 16, 2013 16:47:56 GMT -5
John Chambers, Chairman and CEO of Cisco Systems
Excerpt of John's statement to Cisco employees on Cisco's code of business conduct ....
• I continue to be proud of Cisco’s long-standing commitment to ethics and integrity
• At Cisco, we hold ourselves to a very high standard of business and professional conduct!
• Code of Business Conduct (COBC) reinforces our values and should be used as a tool to help you make the right decisions and resolve ethical issues you may encounter.
• If you are ever unsure or feel that the COBC is being violated, we ask you to speak up. We encourage you to talk with your manager, contact the Ethics Office or Cisco Legal.
• You may also share concerns anonymously through the Ethics Web form or the multi-lingual Cisco Ethics Line phone service.
• Any success we achieve, which not achieved ethically, is no success at all.[/blockquote]
A noble and gallant effort.
This is unfortunately, quite far from the truth. Cisco’s history has clearly demonstrated that this COBC is more of a “Do as I say not as I do” and not by any means applicable to the top brass at Cisco. Simply put, these internal practices are reflection in the company’s market valuation.
I am 20 year veteran of Cisco and an ex-employee of the 700lb Gorilla. Now I speak as a concerned shareholder. Cisco shareholders and 80% of the employees of the company need to help bring this to the end and reignite the spark that once made Cisco the darling of WalStreet and Silicon Valley.
As the say, “The power of the people is greater than the people in power”. So please join me in this journey to cleanse Cisco of greed and corruption.
Excerpt of John's statement to Cisco employees on Cisco's code of business conduct ....
• I continue to be proud of Cisco’s long-standing commitment to ethics and integrity
• At Cisco, we hold ourselves to a very high standard of business and professional conduct!
• Code of Business Conduct (COBC) reinforces our values and should be used as a tool to help you make the right decisions and resolve ethical issues you may encounter.
• If you are ever unsure or feel that the COBC is being violated, we ask you to speak up. We encourage you to talk with your manager, contact the Ethics Office or Cisco Legal.
• You may also share concerns anonymously through the Ethics Web form or the multi-lingual Cisco Ethics Line phone service.
• Any success we achieve, which not achieved ethically, is no success at all.[/blockquote]
A noble and gallant effort.
This is unfortunately, quite far from the truth. Cisco’s history has clearly demonstrated that this COBC is more of a “Do as I say not as I do” and not by any means applicable to the top brass at Cisco. Simply put, these internal practices are reflection in the company’s market valuation.
I am 20 year veteran of Cisco and an ex-employee of the 700lb Gorilla. Now I speak as a concerned shareholder. Cisco shareholders and 80% of the employees of the company need to help bring this to the end and reignite the spark that once made Cisco the darling of WalStreet and Silicon Valley.
As the say, “The power of the people is greater than the people in power”. So please join me in this journey to cleanse Cisco of greed and corruption.
