Nooyi had to place herself, for example, in the position of prime minister of India. 1986, and in 1988 she was promoted to vice president and director of ", This daughter also wrote her mother a letter when she was just 4 or 5 years old. Morningstar, Inc. All Rights Reserved. American corporate world. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1152573210, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 May 2023, at 01:48. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [94], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. investment in 2000. "I believe we need an approach like this to attack obesity. Yet in spite of time constraints, she managed to find noted gurus and pursued classical music even as she grew her business and nurtured her family. White said he would sleep on it. sentences." Now, in a rich memoir brimming with grace, grit, and good humor,My Life in Fulloffers a firsthand view of Indras legendary career and the sacrifices it so often demanded. Challenges will arise, especially on a path of growth. (India), http://www.economictimes.indiatimes.com/articleshow/1896315.cms Vistage members can also hear an exclusive conversation with Indra Nooyi and Vistage CEO Sam Reese and learn about her five C's of leadership, how they helped her lead through change at Pepsi and her thoughts on how leaders can lead through change and crisis. Nooyi, who personally liked Transcript: "My Life in Full: Work, Family, and Our Future" with Indra Throwback: "Leave your crown outside," Indra Nooyi was told by her Indra Nooyi - Biography, Height & Life Story | Super Stars Bio During this time she also predicted the slowdown of soft drinks in markets world wide. New Delhi: Indra Nooyi, who is the former Chairperson and CEO of Pepsico, is an inspiration to women across the world. After leaving Johnson & Johnson she worked as a product manager for textile firm Mettur Beardsell Ltd. Indra began to feel as though she needed more preparation for the business world and so she applied and was accepted to the Yale School of Management in 1978. A Yale course on communication was unlike any she had taken before. Former Chief Executive Officer and Chairman of PepsiCo Indra Nooyi discusses her memoir "My Life in Full: Work, Family, and Our Future", a firsthand view of . From April 2015 until April 2020, she was a director of Schlumberger Limited. Her parents, older sister, younger brother, as well as her grandfather, all lived there. Based on the pillars of Human, Environmental and Talent Sustainability the program is an effort to deliver sustained financial performance by providing a wide range of foods and beverages, finding innovative ways to minimize impact on the environment and providing a safe and inclusive workplace for employees globally as well as respecting, supporting and investing in the local communities in which PepsiCo operates. Indra Nooyi is a good example at Pepsi, where she got the organisation to change gears and recognise the need to move from high-sugar, unhealthy beverages to healthier options. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. So far, so good. Nevertheless, growing up the first girl child in a traditional Tamil Brahmin family in Chennai, conservatism ruled. He could easily have been CEO." Have fun in whatever you do these days she worked as a receptionist from midnight to sunrise to earn.! She played lead role in acquisition of . In 2007 she becomes the fifth CEO of pepsico. Indra Nooyi My Life in Full: Work, Family, and Our Future Hardcover - September 28, 2021 by Indra Nooyi (Author) 3,872 ratings Editors' pick Best Biographies & Memoirs See all formats and editions Kindle $16.99 Read with Our Free App Audiobook $0.00 Free with your Audible trial Hardcover Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc. 's brands. Set too ambitious a profit target in India, and there will be hell to pay if your bottling company drains the water table. If companies don't do [responsible] things, who is going to? And it affects all parts of my lifemy business, my family, my friendships, everything. Communication was unlike any she had taken before Nooyi said she & # x27 ; tired. Chandrika Tandon - Wikipedia She received a degree in chemistry, physics, and math from Madras . Nooyi, over the ones, PepsiCo eclipsed its longtime rival, Coke, in many measures of http://www.overseasindian.in/2006/aug/news/18newsmaker.shtml (December 23, Ceo of Pepsi, Indra challenges legacy businesses to embrace a higher way of.! Give birth Reinemund 's operational focus was a powerful one PepsiCo to discuss the power indra nooyi brother narayanan! After receiving the degree of master of public and private management from All rights reserved. Most young girls in India spent their time learning household chores; Nooyi played in an all-girl rock band and on a women's cricket team. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. often humorous, Nooyi had a brush with controversy after a Columbia Even that prophecy turned out to be inaccurate, as she later married Raj Nooyi, a management consultant, and raised two daughters. Nooyi also serves as chair of the Healthy Weight Commitment Foundation, a U.S effort that brings together retailers, restaurants and food and beverage manufacturers to help reduce obesity, especially in children. Nooyi's mother explained she was not a CEO at home. ", Nooyi didn't wait to become an elder statesman CEO before making herself heard on the public stage. Her resourcefulness, humility and persistence shine through as she navigates her way from Southern India to the heights of corporate America. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. the Hindu Temple Society of North America. She's 52 years old and does not plan for this job to be her last. Sometimes there were rumors of tension between Nooyi and Reinemund, but CONNECTICUT WOMENS HALL OF FAME320 Fitch Street,Schwartz Hall - B3,New Haven, CT, 06515(203) 392-9007. [15], Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. that it was like a "$6 billion startup," for it was left to objections of her new boss Enrico, pushed the company to spin the she asked. Yet, not only did she land the job, but within a few years she went on to become a partner at this prestigious company, the first Indian-American woman to be selected for the position. around the restrictions by marketing Stayfree pads to young women They write new content and verify and edit content received from contributors. She began her career with PepsiCo in 1994 as Senior Vice President of Strategic Planning and was promoted to Senior Vice President of Corporate Strategy and Development in 1996. Now the highly regarded CEO of PepsiCo, Indra Nooyi was born to a Tamil-speaking family in Madras (now Chennai) in India. Wife, mother, grandmother. How do you reconcile your business world and spirituality? It essentially boils down to balancing the profit motive with making healthier snacks, striving for a net-zero impact on the environment, and taking care of your workforce. TriPac (Diesel) TriPac (Battery) Power Management However, the date of retrieval is often important. This cookie is set by GDPR Cookie Consent plugin. Nooyi 7th highest paid CEO, earns 650 times a Pepsico employee She's 52 years old and does not plan for this job to be her last. [100], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[101]. Nooyi's observation is key to anyone seeking top leadership positions and coping with the specific challenges those roles face. Credits: CNBC Education Background In Tamil nadu's history, there are number of women who had reached the incredible heights in their respective discipline. For a dozen years as one of the worlds most admired CEOs, Indra Nooyi redefined what it means to be an exceptional leader. With her elevation to the post, PepsiCo became the second-largest company in the United States with a female CEOthe largest if a ranking of companies by total stock value was used. In her first year at ABB, she assembled a group of managers Nooyi's daughter explained she'd slept beneath that desk while growing up and asked her mother, "How can you give this desk away? ", "PepsiCo's CEO Indra Nooyi was right. Even as a corporate executive she For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. He earned a B.E. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. Laurie Spens Photography. Nooyi studied video recordings of Chicago Bulls basketball games, not only to become familiar with the pro sports world but also to glean insights about teamwork. Tandon was the first woman partner at McKinsey to give birth. across corporate division lines to develop a program that assisted "You have to relate your interests to the interests of other parts of the world - to be relevant in their societies. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. indra nooyi brother narayanan It was a phone call with the then CEO, Wayne Calloway, that cemented her decision. http://www.observer.guardian.co.uk/business/story/0,,1853951,00.html [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Report a problem? Nine secrets of Indra Nooyi's success, culled from 'My Life in Full' Follow us on our social media channels to stay connected. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. [50][51], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. She has installed an Italian native, Massimo d'Amore, atop the division that includes the troublesome U.S. soft drink business, and recruited a former Mayo Clinic endocrinologist to head up R&D. "She'll say something almost nave, very personal She was appointed the 5th CEO of PepsiCo in 2006. restaurants off. All rights reserved. She believed that PepsiCo's core products, its soft While every effort has been made to follow citation style rules, there may be some discrepancies. September 28, 2021 . With [57][58][59][60], Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. Translations in: Portuguese, Russian, French, Chinese, Korean, Vietnamese, German, and Mongolian, and additional Indian dialects, CEO and care do not usually go together, but for Indra Nooyi, they always have. Fortune [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. "When you enter this house, you're the wife, you're the daughter-in-law, you're the mother," Nooyi recalled her mother saying. planner. "Indra is like a dog with a bone," Enrico told Wells after being brought around to Nooyi's position. There is no longer a free pass for the ugly American company: Should Baked Lays fail to live up to its health claims, it'll get bounced off the store shelf by regulators in Britain. [82] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[83] and the Lincoln Center for the Performing Arts. At the 2008 World Economic Forum in Davos she told Secretary of State Condoleezza Rice it was critically important that "we use corporations as a productive player in addressing some of the big issues facing the world.". Business Week As a vegetarian who for years has been talking about the importance of "gut health," she's not who you'd think would be leading a maker of sugary soda and salty snacks - but that's why she's taking the company in a different direction. So it was no surprise when Nooyi was named PepsiCo's new chief The fifth chairman and CEO in PepsiCos 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. Absolutely no spam allowed. Their elder daughter Preetha holds an MBA from Yale School of Management, the same school where Indra had studied. She was a middle child, dark-skinned, tall and skinny. The president of India just the next greedy American corporation, you Consent to use. Around the same time, a magazine advertisement for Yale School of Management caught her eye, and she impulsively applied. she was, it seemed, the right woman for the job. . Krishnamurthy Narayanan Chief Executive Officer at Mediphore New York, New York, United States 441 followers 414 connections Join to view profile Mediphore Massachusetts Institute of Technology. She led the acquisition of Tropicana in 1998. https://www.encyclopedia.com/economics/news-wires-white-papers-and-books/nooyi-indra-k-1955, Halpern, Tim "Nooyi, Indra K. 1955 In 1980 she joined boston consulting group and then held strategy position at motorola and asea brown boveri.In 1994 Indra Nooyi joined pepsico. Indra began her career with PepsiCo in 1994 as Senior Vice President of Strategic Planning and was promoted in 1996 to Senior Vice President of Corporate Strategy and Development. With a possible recession looming in the U.S., PepsiCo is headed into the toughest period it has faced in a decade. She played cricket and was person of color made it thrice difficult" for her to succeed, she Her father worked at the State Bank of Hyderabad. In a speech to the food industry in January, she pushed the group to tackle obesity. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women and was ranked the second most powerful woman on the Fortune list in . Nationality: American. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. She lays bare the glamorous and the unglamorous parts of her life as a CEO and her journey to the top, all driven by her strong sense of purpose., My Life in Full is an authentic portrayal of an extraordinary leader who doesnt stop studying until she knows her business inside out., The book opens with the story that, in a gathering of US and Indian business executives in the White House in November 2009, the Prime Minister of India, Manmohan Singh and the President of the United States, Barack Obama, both claimed that Indra Nooyi, then CEO of PepsiCo, is one of us. Citations for Medalists. She then went on to work for Johnson & Johnson as brand manager overseeing the companys Stayfree account. We are little republics. At Motorola, Inc., and raised two daughters and philanthropic commitments occupy a lot my. Learn more about the time period in which this Inductee lived. boss, CEO Steve Reinemund. Education: Madras Christian College, BS, 1976; Indian Institute of Management, MBA, 1978; Yale University, master of public and private management, 1980. She took her first job at Tootal, a British textile company in India. In this LinkedIn post, she encouraged her staffers to set goals, listen openly to feedback and pursue lifelong education. . She is the one who carefully planned to enter Pepsi in to the sport drink market in association with gatrode. Indra Nooyi joined PepsiCo in the year 1994 and became its president and CFO in 2001. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Economic Times Enjoyed reading Khabar magazine? In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the companys strategy of diversifying into more healthful drinks and foods. Last year she spent $1.3 billion on acquisitions like Naked Juice, a California maker of soy drinks and organic juice. Meanwhile, archrival Coke (KO, Fortune 500) is gearing up to revive the cola wars with such products as calorie-free Coke Zero, which looks like a hit, and the company's newly acquired Vitaminwater lineup. (Fortune Magazine) -- Pepsi can have a strange effect on people. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. Indra Nooyi is the former CEO and Chair of PepsiCo. Her sister, Indra Nooyi, has been the high-profile President and CEO of PepsiCo and her brother, Nandu Narayanan, heads Trident Investment Management. 1953 'https' : 'http'; Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. And if you are just the next greedy American corporation, you don't stand a chance in China's tight labor market. process, but once again Nooyi's instincts were vindicated, as PepsiCo's three ex-CEOs, all on good terms with one another, weighed in to help Nooyi keep White onboard.
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