Sustaining efforts despite negative market signals can lead to significant challenges. Recognizing the need for adaptation in response to market conditions is crucial. Internal missions should align with external realities, highlighting the importance of self-awareness in decision-making. Learning from setbacks is essential; understanding failures and successes allows for a strategic comeback. The process of reflection and correction can pave the way for recovery, ultimately leading to superior performance compared to peers.
The Sunday Times’ tech correspondent brings on John Chambers, former chief executive of Cisco, to talk about artificial intelligence (4:30), why booms are necessary (8:00), coming to Silicon Valley (12:15), Cisco (14:15), buying 180 companies (19:00), the dotcom bust (23:00), how the old startups have grown up (29:15), whether founder shares are a good thing (31:00), still working at 75 (34:00), competition (35:40), why he has bet on the startup Humane (40:45), spending his own money (45:00), how AI will change everything (48:15), and his worst day (53:15).
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