Indra Nooyi became the first South Asian woman to lead a Fortune 500 company when she was named CEO of PepsiCo in 2006. . While she was CEO, PepsiCo's revenues grew from $35 billion to $63.5 billion and she became known for promoting such good for you snacks as Baked Lays potato chips and Naked juices made of fruits and vegetables. Her elder sister, Chandrika Tandon, is an Indian-American musician and businesswoman who has received a Grammy nomination. The students will discuss diversity within the economics profession and in the federal government, and the functions of the Federal Reserve System and U. S. monetary policy, by reviewing a historic timeline and analyzing the acts of Janet Yellen. Nooyi takes us through the events that shaped her, from her childhood and early education in 1960s India, to the Yale School of Management, to her rise as a corporate consultant and strategist who soon ascended into the most senior executive ranks. In a prosperous marketplace, we need all women to have the choice to work in paid jobs outside the home and for our social and economic infrastructure to entirely support that choice. Even when her plans were doubted, she trusted her instincts and strategic planning, and we saw this pay off throughout her time with PepsiCo. Indra Nooyi Biography, TheFamousPeople.com, https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Indra Nooyi's parents at their wedding courtesy of Indra Nooyi Like many houses in India at the time, Lakshmi Nilayam, as our house was named, also had a men's living rooma vast hall with. CEO Indra Nooyi thinks working women can't have it all: TODAY debates Pepsi CEO is Now Yale Management Schools Most Generous Alumni Donor, by Robert Hackett, https://fortune.com/2016/01/12/pepsi-yale-alumni-donor-nooyi/. She then moved to a product manager role at Johnson & Johnson in Mumbai. During an annual conference of the Indian Institute of Management, Calcutta, she also revealed that she still calls her mother 2-3 times a day. The two remain married and have two daughters. He was a quiet man with a wicked sense of humor, filled with wisdom. The rest is up to you. }; Their elder daughter Preetha holds an MBA from Yale School of Management, the same school where Indra had studied. A good student investigates, analyzes, questions, and attempts to explain the issue to others who dont know the subject as well as the student does. Abigail Adams was an early advocate for women's rights. He shopped for essentials, helped make beds, and he loved to compliment my mother when she made his favorite foods. It was unheard of for a good, conservative, south Indian Brahmin girl to do this. My childhood was not a world of Great job! It was more like: That was so-so. or Is this the best you can do? We were accustomed to honesty over false encouragement. In the months before I left PepsiCo, in 2018, I thought about how I would contribute in the years ahead, knowing that I am one in a chain of woman leaders who can help move us forward for generations to come. Nooyi has been married for over 30 years and has two daughters. PepsiCo CEO Indra Nooyi's Rare Stories About Early Years - Observer Nooyi is 62 years old, with two grown daughters. Indra Nooyi announced on Monday that she would step down from Pepsi. Raj K. Nooyi, Indra Nooyi's Husband: 5 Fast Facts | Heavy.com Author Talks: Indra Nooyi on leadership, life, and crafting a better Nooyi has said that she is very proud of her daughters and that they are her biggest supporters. + qs; In this edition of Author Talks, McKinsey Global Publishing's Raju Narisetti chats with Indra Nooyi, former chairman and CEO of PepsiCo, about her new book, My Life in Full: Work, Family, and Our Future (Penguin Random House, September 2021). I believe that we must address the work and family conundrum by focusing on our infrastructure around care with an energy and ingenuity like never before. Copyright e-Eighteen.com Ltd All rights resderved. In 2001, Nooyi was promoted to President and Chief Financial Officer. Janet Yellen: The Progress of Women and Minorities in the Field of Economics, Elinor Lin Ostrom, Nobel Prize Economist, Lessons in Leadership: The Honorable Yvonne B. Miller, Chronicles of American Women: Your History Makers, Women Writing History: A Coronavirus Journaling Project, We Who Believe in Freedom: Black Feminist DC, Learning Resources on Women's Political Participation. Often, there would be power cuts and the house was plunged into darkness. As my career progressed, and my children grew up, I wrestled with the ever present conflicts of working motherhood. "I felt ridiculed and not taken seriously for quite a while," she said. Coincidentally, her mother Indra is also an alumnus from the same university. By the time I turned 7, I was often sent to the grocery store a few blocks away to drop off a list of items for home delivery or pick up a few things. They were loud, talked over each other, and moved the conversation along. Family the actual messy, delightful, difficult, and treasured core of how most of us live was fringe. Indra Nooyi '80, former chairman and CEO of PepsiCo., moderated the discussion. The grains were poured into glass or aluminum canisters in the kitchen, the paper folded, the twine made into a ball, and both left on the shelf to be used again. According to Nooyi, When you have a competence that nobody else has, you become more valuable., This is a BETA experience. 2023 Minnesota Public Radio. INDRA NOOYI TALKS ABOUT PARENTING - YouTube She pored over thousands of pages of documents and analysis for the next four months. Nooyi, a mother of two daughters, said "I don't think women can have . Your email address will not be published. Indra Nooyi 'My life in full' a beautiful autobiography of an iconic The titans of industry, politics, and economics talked about advancing the world through finance, technology, and flying to Mars. Website Last Modified May 1, 2023. As well as earning close to $20 million in salary and bonuses during her period as the CEO of PepsiCo, which gave her an extraordinary net worth, Indra Nooyi has received a range of awards and honors throughout her career so far. Chicago Johnson, Arbora. In 1986, Nooyi moved to the telecommunications companyMotorola, where she worked first as an internal consultant in the automotive team before pivoting to broader corporate planning. Nooyi's name was reportedly floated for the post by President Donald Trump's daughter Ivanka, reports The New York Times. In one interview, Nooyi was asked for book recommendations. "If it was happening to my daughters, anybody today, I would insist they . She handled those issues deftly and with a firm hand. He had studied math and law, and, for decades, was a district and sessions judge deciding both civil and criminal cases. It does not store any personal data. Pepsi CEO Indra Nooyi's Life and Career - Business Insider Every night at the dinner table, my mother would ask us (her elder sister) to write a speech about what we would do if we were president, chief minister or prime minister every day would be a different world leader shed ask us to play. Leaders: How Do We Tell The Story Of The Future We Want And Invite Others Into It? Many years before becoming PepsiCo CEO Indra Nooyi studied in her homeland of India. The cookie is used to store the user consent for the cookies in the category "Performance". Her joking response to this would be, At least you are on the list. Indra Nooyi says her husband, in reality, transcends this list and that their marriage works and lasts only because they both are in on this journey together for their entire familys success. None of us liked that at all. I set out to write a book and insisted to all around me that it would not be a memoir. Unlike many of her predecessors in the top job, she never worked in sales, instead focused from the beginning on long-term planning. We need the wisdom of business leaders, policy makers, and all women and men passionate about easing the work and family burden to come together here. She chose Pepsi, reportedly because the CEO there convinced her she would be able to exert real influence. Its not easy in a society that changes very fast yet sticks to some age-old habits and rules of behavior that feel out of our control. A student enthusiastically strives to understand a subjectreally know it. This page was last edited on 13 April 2023, at 09:26. Indra Nooyi, a business leader and strategic thinker, is widely considered to be one of the top CEOs in the world for her leadership of the global behemoth PepsiCo for 12 years. A big part of Nooyi's success over the years has been her heart-centered approach. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Why aren't there more women CEOs? - CBC (Photo by Marla Aufmuth/Getty Images for Watermark Conference for Women ), Why Growth Mindset Is Needed With AI 10 Examples of Carol Dwecks Principles for an Existential Moment, Why The Best Kinds Of Collaborations Free Up An Executive Teams Time, National Security Advisor Sullivan Argues For Integrating Economic And Security Agendas, New Data Shows Reversal In The Return To Office Drive, Beijing Says It Cares About Climate But Prioritizes Growth. Her leadership style is built around her beliefs of honesty and trust. Ignoring the fact that the work world is still largely skewed toward the ideal worker ofyore an unencumbered male breadwinner depletes us all. We got an hour to snack and play until Appa came home at about 5:30 pm. Ours was the big, airy house where a dozen cousins would gather for festivals and holidays. Proud Mother And CEO: Indra Nooyi And Her Daughters Your email address will not be published. If we struggled with math, hed pull out papers on which hed already composed practice problems. Former PepsiCo CEO Indra Nooyi on the "work and family conundrum" The final report was more than 300 pages. Nooyi's daughter once protested when she heard her mother's desk would be replaced. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. cb: (new Date()).getTime() But I was never deprived, as a girl, of being able to learn more, study harder, or prove myself alongside the smartest kids in our midst. Many young people, worried about how they will manage it all, are choosing not to have children. We swayed and sang our school songs. Yvonne B. Miller, her accomplishments, and leadership attributes, so they can apply persuasive techniques to amplify her accomplishments, leadership attributes, as well as those in leadership roles in their community, Well never share your email with anyone else, Indra Nooyi, a business leader and strategic thinker, is widely considered to be one of the top CEOs in the world. Indra Nooyi Biography, TheFamousPeople.com, https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. So her boss, CEO Roger Enrico, asked Nooyi to prepare an in-depth analysis of Cokes business. Indra is already in her 60s and is still deeply attached to her parents, especially her mother, who has been a major influence in her life. (Image credit: indranooyi/Instagram) Indra Nooyi, former PepsiCo CEO, has been vocal about her how women need to go that extra mile to remain on top of . Never forget that you have people that love you! Have a great day! Hey Mom, you are the absolute best! First, I soon found that the research on work and family has been done. She is a firm believer in the idea that workers need to be valued, respected, and heard in order for a company to grow and evolve. A brilliant student in high school, Nooyi developed interests considered unusual for girls in that time and place. Abrams is now one of the most prominent African American female politicians in the United States. Instead, I thought, I would devote every ounce of my experience and intellect to a manual for fixing how we mix work and family. He often allowed me to tag along with him. Her autobiography brings the remarkable journey of PepsiCo CEO Indra Nooyi Your donation today powers the independent journalism that you rely on. For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue I once commented that I wasnt sure my daughters thought I was a good mother dont all moms feel that way sometimes? We read British childrens novels by Enid Blyton, Richmal Crompton, and Frank Richards. Transformation is difficult, but I have learned that with courage and persistence and the inevitable give and take it can happen. My mother was always in and out of the room, serving coffee and snacks to visitors, or tidying up. Nooyi concluded that Cokes stock price at the time was unsustainable. Men, too. This came from the top from our familys interpretation of centuries-old Brahmin values, from Indias mid-century mission to prosper as a newly independent nation and from Thathas world view. Currently, the Nooyis reside in Greenwich, Connecticut. She earned a spot at the prestigious Indian Institute of Management Calcutta, where she received her MBA in 1976. I was never in doubt that the head of the household and of the family resided in the mens living room. Getty. Why Pepsi CEO Indra K. Nooyi Cant Have it All, by Conor Friedersdorf. Read: The secret of building a successful career, according to Indra Nooyi. Here's what you need to know about Raj K. Nooyi: 1. Turns out she knew exactly what she was doing. Indra Nooyis family includes other famous and successful individuals. Her father was a bank official, and her mother was a house wife. With everything I have accomplished, my greatest joy was having children, and I wouldnt want anyone to miss the experience if they want it. Look back at her ABC career, Parker McKenna Posey with former boyfriend Mandela Van Peebles, Parker McKenna Posey at Childrens Dream Awards 2011. Nooyi is also a major philanthropist. Looking back, I see how my life is full of this kind of duality competing forces that have pushed and pulled me from one chapter to another. "So you leave that crown in the garage.', 'My childhood was not a world of "Great job!" Woman, minority, trailblazer: Indra Nooyi is leaving Pepsico, Pepsi takes aim at health-conscious consumers, With PepsiCos second-quarter earnings out, activists look beyond profits and losses, Beverage companies angle for the new it drink, Why Amazon continues to deliver CEOs to startups, Your donation today powers the independent journalism that you rely on, By acquiring First Republic, JPMorgan becomes "too big to be too-big-to-fail", Yellen: U.S. could hit debt limit as soon as June 1, For JPMorgan, loss sharing sweetened its deal to buy First Republic Bank, FTC chair on regulating AI and "taking on some of the biggest, most powerful companies in our economy". This cookie is set by GDPR Cookie Consent plugin. Look back at her ABC career. Mr. Raj K Nooyi is an experienced corporate executive. Indra Nooyi - Biography & Career Accomplishments - Thomasnet Eight weeks later, when she came home with Nandu, Amma was busier than ever, managing a new baby and all her previous activities, even though she was still recovering from major abdominal surgery. The staggering amount of information day is truly mind-boggling. I called this mission Performance with Purpose, and, for a dozen years, I weighed every decision against these measures, making constant trade offs to achieve a more sustainable, contemporary organization. She's also a leader who has always worked towards happy and positive workplace culture, making changes at PepsiCo to encourage workers to feel more comfortable and stay there for the long term. Nooyi's grandfather, Thatha, with Nooyi (left) and her siblings. Sun and fun: A look at Pepsicos new office in Gurgaon, PepsiCo launches crop intelligence model for potato farmers, Asteroid the size of Leaning Tower of Pisa may hit Earth on Valentine's Day 2046, says NASA, Unlocking opportunities in Metal and Mining. All Rights Reserved. See Profile of Indra Nooyi, Financial Times, November 6, 2010. . Then shed make breakfast, usually oat porridge with milk, sugar and cardamom powder. Amma served Thatha his midday meal on a large silver platter with little bowls for the various vegetables and accompaniments. I am still the girl who grew up in a close family in Madras, in the South of India, and I am deeply connected to the lessons and culture of my youth. Nooyi arrived in Connecticut in 1978 determined to succeed, describing her identity as an immigrant woman as her biggest internal driver.. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); In 1998 while Nooyi served as Pepsis vice president of strategy, she was handed an important project. He warmly welcomed visitors, who almost always dropped by unannounced. Indra Nooyi's success began in her academic studies, and her impressive qualifications helped her obtain a job as a product manager in India with Johnson & Johnson. One of the big reasons why Nooyi was such a success at PepsiCo and was able to rise through the ranks so quickly was through her shrewd strategic moves that paid big dividends for the company. If the power was on, a fan turned lazily overhead, pretending to break the heat when the overnight temperature was 85F (29.5C). What could the like of Raj and Indra Nooyi in India and the rest of the world do to recover the golden age of Madras University the home of two hard science Nobel Laureates and many Bharat Ratnas, in this decade? Copyright 2023 Thomas Publishing Company. Maria Thomas and Suneera Tandon, Indra Nooyis journey from marriage pressure at 18 to heading PepsiCo at 50, Quartz India, August 7, 2018, https://qz.com/india/1349241/pepsico-ceo-indra-nooyi-faced-the-pressure-to-get-married-at-18/. These acquisitions consolidated profits and tightened focus at PepsiCo to the core business of beverages and snacks. Nooyis family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Accessed February 16, 2022. https://fortune.com/2015/06/05/pepsico-ceo-indra-nooyi/, Snacks for a Fat Planet: PepsiCo Takes Stock of the Obesity Epidemic, by John Seabrook,The New Yorker, May 9, 2011. 'https' : 'http'; Communication coach, Harvard instructor, For Women 2020 at San Jose Convention Center on February 12, 2020 in San Jose, California. One boss taught Nooyi a skill she calls foundational to her career. Indra Nooyi Quotes (Author of The Human Side of Innovation) - Goodreads Supportive Husband Like her parents, Indra's husband has also been supportive of her. Who is Indra Nooyi? | Who Is News,The Indian Express PepsiCo's Former CEO Indra Nooyi: 'Don't just equate - LinkedIn At the same time, I was among a vaunted group of global leaders regularly invited into rooms with the most influential leaders on the planet. In 1978, she began to study at Yale University in the USA, working towards a Master's degree in Public and Private Management, which she attained in 1980. They discussed politics, food, local gossip, clothes, religion, music, books. A vendor came a little later in the morning, selling fresh vegetablescauliflower, spinach, squash, pumpkin, potatoes, onions. Of course, this is not the only reason I chose PepsiCo, an exuberant, optimistic company that I whole-heartedly enjoyed from the moment I walked in. She also shared an excerpt from her memoir, My Life in Full, where she narrated how her husband would tell her that her PepsiCo, their daughters and her mother top her priority list, and that he is at the bottom. Under her leadership, the company increased its profitability while also working to improve environmental sustainability and the healthiness of its food offerings. She didnt get the chance to attend college and she directed that frustration into making sure her girls could soar. Families lose out because they spend so much energy coping with old systems, from short school hours to a lack of parental leave or elder care, that dont mesh with their reality. If at all there is any regret, it is not spending as much time as she would have liked with her two daughters Preeta and Tara, and husband Raj Nooyi, of whom she writes with immense respect and love. Nooyi is also a major philanthropist. It is unclear if Nooyi will accept the nomination to succeed Jim Yong Kim. Indra Nooyi. National Womens History Museum, 2022. He is the president of an IT company called Amsoft System. https://www.theatlantic.com/business/archive/2014/07/why-pepsico-ceo-indra-k-nooyi-cant-have-it-all/373750/, https://commons.wikimedia.org/w/index.php?curid=12566849. She grew up in a close family with two siblings, her parents, and her grandparents. [97] All the essentials: top fashion stories, editors picks, and celebrity style. She developed a reputation as a strategic long-term thinker and a skillful communicator, and just 14 years after graduating from Yale she was wooed simultaneously for executive-level posts at two top global companies: PepsiCo and General Electric. Motorola, where she worked first as an internal consultant in the automotive team before pivoting to broader corporate planning.