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Indra Nooyi by Alexandra Hendricks

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Biography of Indra Nooyi as a leader in all parts of life, written by Wharton MBA student for a course on leadership from the point of view of the whole person.

Published in: Leadership & Management
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Indra Nooyi by Alexandra Hendricks

  1. 1. KNOWLEDGE FOR ACTION INDRA NOOYI, PEPSICO CEO LEADERSHIP BIOGRAPHY ALEX HENDRICKS
  2. 2. KNOWLEDGE FOR ACTION Indra exhibited a strong will and leadership potential from a young age 2 • Grew up in conservative city of Chennai, India • Despite traditional culture, Indra’s parents and grandparents inspired her to reach her full potential and commit to her dreams • Achieved high academic standing, ultimately receiving her MBA from Yale School of Management "In my heart I said, 'I can do this better than anyone else can, and if everything else fails, they're going to come to me and say, 'Fix it,' because I know I'm that good.”
  3. 3. KNOWLEDGE FOR ACTION Consistent performance led to rapid career progression 3 • Joined PepsiCo in 1994 as SVP of Strategy and Development • Spearheaded PepsiCo spin-off of Yum! Brands and acquisition of Quaker Oats and Tropicana • Progressed to President and CFO in 2001 • Appointed CEO of PepsiCo in 2006, heading the 2nd largest food and beverage company • She has grown PepsiCo from $40 billion in sales in 2007 to $63 billion in 2016 • First female president • First Indian-born chief executive • In 2013, ranked thirteenth among the World’s Most Powerful Women • Currently one of just twenty women who are CEOs of S&P 500 companies Career Milestones Accolades
  4. 4. KNOWLEDGE FOR ACTION Indra is open and candid that women can’t “have it all,” arguing that four-way wins are a fluid notion 4 • Admits that each day, she makes a decision whether she will be a wife or a mother • Openly admits to missing school events and coping with parental guilt • While she doesn’t regret her decisions, she recalls a “huge number of sacrifices” in her pursuit of the C- suite “If I had to write a letter to myself as a younger person, I’d say, ‘Be careful about all the choices you’re making, because you will look back and it will hurt like hell.’”
  5. 5. KNOWLEDGE FOR ACTION Despite these challenges, Indra has been instrumental in improving the workplace at PepsiCo 5 • Indra actively promotes authenticity to help with transition from Home to Work and back again • PepsiCo has received numerous awards for its inclusive practices, most recently the Human Rights Campaign’s Corporate Equality Award in 2017 Performance with Purpose Inclusive Workplace
  6. 6. KNOWLEDGE FOR ACTION Indra is currently advocating for the creation of a “prototype community” 6 • Goal is to lessen friction between work and motherhood, allowing female executives the ability to work and respond to household responsibilities • Eager to create plan that would involve family members in childcare to utilize existing resources and lower costs • Provide housing for young parents and extended families, combined with on-site childcare • PepsiCo and other large corporations could partner with developers to optimize community framework
  7. 7. KNOWLEDGE FOR ACTION Indra’s approach to four-way wins is a reminder that ongoing experiments are essential 7 Promotes Constant Learning Short-Term Decisions Matter “Our CEOs and leaders have to be lifelong students—not just students in the sense of attending courses or reading a book or two. You’ve got to learn how to read widely, walk the market, look at trends in the marketplace, make connections that don’t seem obvious.” She understands the affect short-term decisions have on the long-term reputation, both in terms of Work and Home, and recognizes the need to show results in both timeframes, which is increasingly difficult. Women Should Support Other Women Indra has been vocal and candid that women need to support each other more in the workplace. Most of her mentors were men, a fact she takes issue with. She argues that women need to lift each other up, rather than viewing each other as threats to their current position.
  8. 8. KNOWLEDGE FOR ACTION Work Cited • http://fortune.com/2016/04/08/indra-nooyi-career-and-family/ • http://www.businessinsider.com/pepsico-indra-nooyi-life-changing-habit-2015-9 • https://www.theatlantic.com/business/archive/2014/07/why-pepsico-ceo-indra-k- nooyi-cant-have-it-all/373750/ • http://www.nbcnews.com/news/asian-america/pepsi-ceo-work-life-balance-coping- parental-guilt-n146381 • http://nytlive.nytimes.com/womenintheworld/2016/04/08/indra-nooyi-and-anne- marie-slaughter-attack-the-unfinished-business-of-work-life-balance/ • http://www.hrc.org/blog/pepsico-to-receive-hrc-corporate-equality-award-at-hrcs- 2017-greater-ny-gal • http://www.huffingtonpost.in/2016/04/12/indra-nooyi-women_n_9667678.html 8

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