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  • What Would John Chambers Have Done for Nortel? [View article]
    John Chambers could have turned Nortel around, but why would he want to be involved with a loser company. Nortel had the turn around opportunity in their hands recently, when they employed with Chambers's #2 man Gary Daichendt as COO (who wanted the CEO Nortel position). They drummed him out, ridiculing his devote religious beliefs. You certainly don't want an honest person who has accountability to a high power being CEO.

    The problem with Nortel goes beyond leadership, it is the culture.
    Look at John Chambers, he has been the CEO for 20 yrs at Cisco and exemplified his commitment to Cisco for several years only taking a 1$ yearly salary and the rest was purely performance driven compensation (i.e. stock options).

    Nortel on the other hand, has had at least seven CEO's that I can remember (Fitzgerald, Stern, Monty, Roth, Dunn, Owens and Mr.Z) in that same period. Of that lot, only Monty and Fitzgerald were CEO material.
    Nov 18 13:40 pm |Rating: +1 -1
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