Cisco 2004 Annual Report Download - page 12
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Please find page 12 of the 2004 Cisco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.2004ANNUALREPORT15
JOHNT.CHAMBERS
PRESIDENTANDCHIEFEXECUTIVEOFFICER
JOHNP.MORGRIDGE
CHAIRMANOFTHEBOARD
DONALDT.VALENTINE
VICECHAIRMANOFTHEBOARD
CORPORATECITIZENSHIP
Ourbusinessstrategyincorporatesourdedicationto
corporatecitizenship.Cisco’sresponsiblebusiness
practicesspantheareasofproductstewardship,human
resources,ethics,environmentalmanagement,supply
chainmanagement,governance,andfinancialdisclo-
suretocreatesustainabilityforcompetitiveadvantage.
Thisyear’spartnershipswithnonprofitsinclude
CommunityVoiceMail,whichprovidesVoIPande-mail
servicestopeopleincrisis;NetHope,anorganization
thatdeploysbroadbandaccessandInternet-based
voiceanddatacommunicationstoconnecthumanitar-
ianofficesincriticalareasoftheworld;andseveral
initiativesthattakeadvantageoftheCiscoNetworking
AcademyPrograminfrastructure—includingthe
HealthAcademyandtheJordanEducationInitiative.
Today,CiscoNetworkingAcademiesoperateinmore
than150countriesaroundtheworld,withmorethan
430,000studentscurrentlyenrolled.
Inthepastyear,Ciscoemployeeshaveworkedto
improvelocalcommunitiesthroughtheirinvolvement
withCiscoRegionalCivicCouncilsandEmployee
Networks.FromworkingwiththeCityofSlupsk,
Poland,tobuildabroadbandwirelessnetworklinking
governmentofficesandotherpublicinstitutions,to
creatingprogramsencouraginggirlsandminoritiesto
succeedinscience,math,engineering,andtechnology,
Ciscoemployeesarechangingthewaytheworldworks,
lives,plays,andlearns.
Duringthisyearofour20thanniversary,wewill
continueourrichhistoryofcommunityinvestment.
WehavechallengedCiscoasanorganizationtogivea
collective20yearsofservicebacktothecommunityby
our20thanniversarydateinDecember.Thisrepresents
justoverfivehoursofserviceperemployee,andwe
areconfidentthatouremployeescanachievethisgoal.
BUILTTOLAST
Wearepleasedwithourstrongperformanceinfiscal
2004andbelievetheinvestmentswemade12to36
monthsagoarepayingoffintermsofourbusiness
andfinancialmetrics.Goingintofiscal2005,wewill
continuetofocusonourthreemajorgrowthareas
ofcoreroutingandswitching,serviceprovider,and
AdvancedTechnologies,aswellasnetworkarchitec-
tureevolutionexpectationsandacontinuedfocuson
profitcontribution.
For20years,Cisco’sstrategyhasincludedanintense
focusonresults,catchingmarkettransitions,and
listeningtoourcustomers.Wehelpedbuildthe
foundationoftheInternetbybuildingtherouters
andswitchesthatfueledit,andwebelievethatthe
bestisyettocomeintermsofincreasesinproductivity
andstandardoflivingthatcanbecreatedfromtechnol-
ogyinnovationfromcompaniessuchasCisco.
WeareconfidentthatCiscoisacompanythatisbuilt
tolast,andonbehalfofourBoardofDirectors,wewould
liketothankourcustomers,partners,employees,and
shareholdersforyourcontinuedconfidenceandsupport.