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. Apparel Manufacturers of India, the leading apparel group of manufacturers and traders has recently concluded the 10th edition of its trade fair in Chennai this week. Her sister, Indra Nooyi, has been the high-profile President and CEO of PepsiCo and her brother, Nandu Narayanan, heads Trident Investment Management. and provide personalised recommendations. Employees work best when theyre able to accomplish everything they need to do professionally, while ensuring they meet all home and family obligations without burnout, she reveals. Copyright 2022 Mid-Day Infomedia Ltd. All Rights Reserved. A New York Times Bestseller An intimate and powerful memoir by the trailblazing former CEO of PepsiCo For a dozen years as one of the world's most admired CEOs, Indra Nooyi redefined what it means to be an exceptional leader. Most stock quote data provided by BATS. You may be the President of PepsiCo. Former Chairman and CEO of PepsiCo Indra Nooyi speaks to Prannoy Roy about her upcoming book My Life In Full. In a recent oGoLead podcast interview, Nooyi offered the following advice, "The one thing I've learned is don't lie to the people. She listened to Carnatic music and sang along. Copyright 2021 by Preetara LLC. Like many immigrants, Tandon grew up in a middle-class family where both parents and children were deeply invested in the value of education. My father, an unusual man for the times, was around too, assisting with the chores and helping care for the children. It was a very intensive, holistic restructuring deal involving Do Not Sell. Music enables me to get there most of the time. A dinner gathering at her house is as likely to include Tony Blair and government ministers from India or Mexico as traditional pinstriped business types. Tandon was the first female partner at McKinsey to give birth and bringing it full circle, her daughter Lita, who also works at McKinsey, gave birth to her first child, making Tandon arecentgrandmother. By Shannon Tellis Indra Nooyi shared how she almost missed out on her second master's degree in the US because she was unmarried till the age of 22. 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. She is a tough, driven woman who, like many daughters-in-law in those days, was blamed by the elders for family conflicts, even if she had nothing to do with them. Get Your Mid-Day Gold Yearly Subscription now at Rs 899 Rs 499! A vendor came a little later in the morning, selling fresh vegetablescauliflower, spinach, squash, pumpkin, potatoes, onions. They need what you need -- building a culture of trust. In the evenings when the cousins were visiting, the swing was dismantledthe great, shiny-wood plank unhitched from the silver-colored chains and carried to the back porch to be stored overnight. I got into spirituality, searched for answers, for purpose. She sings karaoke; she plays electric guitar. She fiercely advocates the need for employers to address the disconnect that exists between the corporate world and the stress of building families, through infrastructural and behavioural support, including childcare and eldercare provisions, healthcare policies, and paid leaves. I have become a lot more centered and able to let go of outcomes and concentrate on the work and the journey. 2019. At a recent performance of | A WarnerMedia Company. All the major prayers like the Vishnu Sahasranamam were chanted in our home every day.. The two had worked together for years. Both had been CFOs and rising stars. Sharing an anecdote, Nooyi, in a 2017 LinkedIn post, recalled how she realised the importance of work-life balance when was reminded by her mother of the same. Aara Health is an organisation co-founded by Navya along with Mallika Sahney, Pragya Saboo and Ahilya Mehta in 2020. Intensive practice is meditation. The original album was comprised of 279 musicians and artists from different genres and countries. Today our guest is Indra Nooyi, who is one of the most successful women CEOs in America as head of PepsiCo. And when I come back, Im hopping mad. Once in a while, on weekends, she tucked flowers into our pigtails. Tandon is a big believer in intense meditation:It took me into the deepest parts of myself and let me experience my own light. Thats not to say that the rules were just the same there was certainly a sense that girls were to be protected differently from boys. Nooyi stepped down as the CEO of PepsiCo in 2018 after helming the company for almost a decade. For me, its become almost a meditation. Parents, grandparents, aunts and uncles gathered to watch, holding bits of torn newspaper scrawled with the words one ticket. They felt free to critique our shows, or to start chatting, or simply walk away. The above address is for mailing and administrative purposes. Why not start making change now? Having spent a lifetime striving for perfection, you really understand you are perfection today, right now, right herethat different people make different forms of music, and they are all beautiful and perfect. The retail giant tops the Fortune 500 for the second year in a row. I was never in doubt that the head of the household and of the family resided in the mens living room. I adored and revered Thatha, whose full name was A. Narayana Sarma. It is like quieting ones mind and internal chatter for concentrated periods of time. community building. The men would gather on the rooms two large sofas and talk about world affairs, local politics or current issues. We just hear Navya talk, and am listening to her talk, at that young age and to be so poised, and so articulate and just sound so professional, it says to me that women have come a long way. This is our original content. In 2011, Nooyi received $17 million as CEO of PepsiCo, which includes a basic salary of $1.9 million, a cash bonus of $2.5 million, a pension value of $2.5 million, and $3 million in deferred remuneration. My mother was visiting at the time. Her belief in education as a game-changer has made her take a pro-active role in higher education, especially for those in need. Indra Nooyi announced this week that she will soon step down as PepsiCo's C.E.O., after twelve years in the role. Thatha believed that a good handwriting meant a good future.. In the fourth quarter of 2007, revenue went up 17%, to $12.3 billion, and operating profits rose 9%, to $1.7 billion. The first woman of color and immigrant to run a Fortune 50 company and one of the foremost strategic thinkers of our time she transformed PepsiCo with a unique vision, a vigorous pursuit of excellence, and a deep sense of purpose. I wanted to keep the essence of the music for the stage but also highlight the talent of the musical maestros with whom I collaborated for this productionthe likes of Kenny Werner, Snehasish Mozumder, Jamey Haddad, and our musical director, Matthias Teese Gohl. from Madras Christian College in 1974, Does Indra Nooyi drink alcohol? with musicians, most of whom I had already worked with. The first woman of color and immigrant to run a Fortune 50 company and one of the foremost strategic thinkers of our time she transformed PepsiCo with a unique . Had no idea who Navya Nanda was, only saw an extraordinary businesswoman: Former Pepsi Co CEO Indra Nooyi. Proud mommy Shweta Bachchan Nanda took to her Instagram handle and shared a video snippet with a caption: Thats my little girl, in conversation with her absolute idol !! We had no refrigerator. She celebrates her Indian upbringing, acknowledges her privilege, and is all about show, dont tell. Brother - Narayan Krishnamurthy. Once rates start to rise, things could get ugly fast for our neighbors to the north. 1998-2022 INDIADOTCOM DIGITAL PRIVATE LIMITED, All rights reserved. Capturing mosquitos with a clap of the hands was a required survival skill. PepsiCo's international business grew 22% last year, triple the rate of domestic sales, and now contributes 40% of total revenue ($39 billion last year). We got an hour to snack and play until Appa came home at about 5:30 pm. Balancing traditional roles of daughter, wife, and mother with the demands of blazing a trail in the business world, shes also an ardent spiritual seeker, musician, and a passionate educational philanthropist. Life was frugal, but a sense of clockwork discipline bound Nooyi, her sister Chandrika, and brother, Nandu one that was silently instilled by their pragmatic parents, under the watchful eyes of thatha (grandfather). Start with the big picture. 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. On Aara Health page's Instagram account, often Navya along with her co-founder friends discuss various issues and earlier talked about mental health, mansplaining among others. She's cosmopolitan, rigorously educated, and a strategic thinker - her background is Boston Consulting Group - much more interested in the burgeoning markets in Russia and China than in the noisy U.S. cola wars. 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 . I was a middle child, dark-skinned, tall and skinny. 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. The incident is from the day when Nooyi was informed by the CEO of PepsiCo that she would be the president of the Fortune 500 company and would also be appointed to the board of directors. If the power was on, a fan turned lazily overhead, pretending to break the heat when the overnight temperature was 85F (29.5C). When Indra Nooyi '80 first introduced the notion of making PepsiCo's food and beverage products healthier back in the 1990s, when she was the company's president and CFO, her colleagues were skeptical. "Fast forward to today where most of the ESG metrics are focused on this very topic . The leaders who value people will make spending time on them a priority, and reap the benefits of loyalty, she adds. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. As we worked through rehearsals, different ideas emerged about what worked on stage. I try to apply it in everything I do. He would be an important advisor. It might sound like a better idea to save your conclusion for the . She serves on the Board of Trustees for the Lincoln Center for the Performing Arts and the Presidents Advisory Council for the Berklee College of Music. Tandon eventually overcame the constraints on her time, and found noted gurus to learn classical music even as she grew her business and nurtured her family. "It was a simple strategy to future-proof the company," Nooyi said. This has become the prism with which I view my whole life and So one day, I'll cut the nails off. Thatha once had my sister and me read Nicholas Nickleby, the almost 1000-page novel by Charles Dickens. While the Tandons $100 million gift to the New York University School of Engineering is a milestone contribution of her life, it is the music and spirituality "If you look at the job entirely from the American perspective, then it becomes impossible to run a global business," says Kissinger, who consults for Pepsi and other companies on international matters. Business, social, and philanthropic commitments occupy a lot of my time, and its often very hard to allocate that. In a heartfelt Valentine's Day note to her husband Raj K Nooyi, Pepsico's former Chairperson and CEO, Indra Nooyi, said that the reason their marriage lasted and worked was because they stayed on the journey together, for the success of their entire family. My mother was always in and out of the room, serving coffee and snacks to visitors, or tidying up. Since her start as CEO PepsiCos annual net profit has risen from $2.7 billion to $6.5 billion, and under Indras strategic leadership PepsiCo launchedPerformance with Purposein 2009. Once you even glimpse that place, you are on a new journey.. They discussed politics, food, local gossip, clothes, religion, music, books. NBA confirms L.A. 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Sister - Chandrika Krishnamurthy Tandon (playback singer) Religion. Jump to the present Chandrika Tandon now a business leader, Grammy-nominated artist and philanthropist is set to receive the2019 Horatio Alger Award for Distinguished Americans. By continuing to use our website, you agree She points out that NYU Tandonwith over 5,200 students,has many students who are from first generation families, a high percentage of students on aid, and many female students: She says: We are changing not just individual lives but we are changing generations.. She has also founded the Hindu Community Outreach Initiative for youth and seniors, donating buildings and Of course, there are curveballs, but Nooyi offers us an honest insight into how she hits them out of the park. in Business Wisdom. The most relentless began near dawn, when, on many days, one of us climbed out of our shared bed at the first sound of a grunting, bawling water buffalo at the front door. We swayed and sang our school songs. That isn't the way a new CEO usually takes charge, but Indra Nooyi is an entirely different kind of CEO, a product of her native India as well as of PepsiCo's family-values approach to grooming CEOs. Shed be dressed and in the kitchen when the milk was carried in, and soon deliver the first cup of coffee to Thatha and my father. Who Will Hit Most Sixes In Women's Premier League 2023? "Do you remember campaigns like 'Keep America beautiful'? In the afternoons, shed take a rickshaw to her parents house a mile away to check in, discuss family matters and help her mother in the kitchen. Both loved music. To revist this article, visit My Profile, then View saved stories. The reviews didnt matter on those busy, happy days. This website uses cookie or similar technologies, to enhance your browsing experience I often refer to the Greek philosopher Epictetus saying: We have two ears and one mouth, so that we can listen twice as much as we speak. My father was a living example of this. The current net worth of Indra Nooyi is $80 million. She says she asked the board to increase White's compensation to nearly match hers (Nooyi's 2006 compensation: $7.1 million). Before we slept, we had to tell our prayers loudly so my mother could hear them the Lords Prayer, which we also recited at school, and then a couple of Sanskrit prayers. Tandon and the Member Class of 2019 will be formally inducted into the Association on April 4-6, 2019, during the 72, For Chandrika Tandon, the pieces of the jigsaw puzzle fit perfectly:We are custodians of the planet and we are here for a very short time. My hope is that with the narrative that accompanies this album, I will be able to help others start (Left) Receiving the Gallatin medal, NYUs highest honor. She was surprised that her parents agreed to let her go abroad. Let's be a good industry that does 100% of what it possibly can - not grudgingly but willingly." from IIM Calcutta in 1977 M.A. and/or its affiliates. What about 'Buckle up'?" I am on a quest to lose myself. An international leader in corporate business, Indra Nooyi is a visionary known for her keen intellect, strategic thinking, can-do attitude, and consistently demonstrating a commitment to sustainability and corporate responsibility to society as a whole.