This section of the site addresses the areas
dealing with creating the environment for economic growth.
While people do the work that ensures the Internet
Economy growth, it is imperative that the markets in which we
operate across the world are friendly to business.
What has fueled Silicon Valley's success is capital
formation, stock options, labor mobility and risk taking. It is
often said at Cisco, that we would much rather be successful in
7 out of 10 initiatives than 5 for 5. This mentality enables us
to take risks and think outside of the box. It has been part of
our formula for success.
Giving workers a stake in the company they are
working for also gives them ownership in the success of your company.
Stock options allow employees to operate with the premise that
the money they are spending to complete a project, in a very real
sense, is their own. Savings and smart spending result.
Labor mobility is also vital to a booming economy.
At Cisco, we create a work environment where people want to work.
We have one of the lowest voluntary turnover rates in industry
and we recognize the importance of workers who want to pursue
other opportunities should be allowed to. A motivated worker is
a productive worker and that is good for the entire economy.
Economic growth going forward will be driven
by the markets that are allowed to operate freely in the Economy,
whether those markets are in your state, your country or your
continent.
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