2021 Eventually, in 1973, she made it to business school, one of only eight women in her batch at the Indian Institute of Management, Ahmedabad (IIM-A). In October 2006, her hard work, vision, strategic alignment, and business experience won her the title of CEO, and the following year, she also became chairman of the board. He shopped for essentials, helped make beds, and he loved to compliment my mother when she made his favorite foods. She received a degree in chemistry, physics, and math from Madras Christian College in 1976, where she considered herself a bit of a rule breaker by joining an all-girls cricket team and becoming a member of an all-girls rock band. Education: University of Madras (BS), Indian Institute of Management, Calcutta (MBA), Yale University (MS) Indra Nooyi is an Indian-American businesswoman, best known as the former chief executive officer of the PepsiCo company. For me, its become almost a meditation. From my earliest days, I played on the swing with my older sister, Chandrika, and my younger brother, Nandu. The Tandons commitment to education extends to leadership faculty chairs they have established at the Harvard Business School, Yale, IIM(A), and Madras Christian College in India. We snoozed; we tussled. But when you step into this house, youre a wife and mother first. When leaders open themselves to feedback, they show that their leadership is not about them, but what serves the greater good. that defines and consumes her the most She was told that an early arranged marriage was her destiny, with her mother collecting stainless steel utensils for her dowry from birth. Factset: FactSet Research Systems Inc. 2018. . We had to think of how to simplify complicated arrangements and produce similar sounds with fewer instruments. Every few chapters hed take the book, point to a page and ask: "What's the meaning of this word?" My mother was always in and out of the room, serving coffee and snacks to visitors, or tidying up. I have always felt that she lived her life vicariously through her daughters, wishing for us the freedoms she never had. Day after day, each meal was uniquely prepared, eaten and cleaned up, with no leftovers. Indra was born in 1955 in Madras (now Chennai), India, to a conservative family in a society where males were favored and it was considered inappropriate for young girls to exert themselves. Set too ambitious a profit target in India, and there will be hell to pay if your bottling company drains the water table. You took many performers from New York, London, and India. 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). Above all, a seeker of the light. Most recently, Nooyi was chairman and . When it came to business school, she wasactually one of only eight women in her batch atIIM Ahmedabad, at that time an-all male bastion. Since becoming CEO, she has reorganized PepsiCo to make it less fixated on the U.S. and broadened the power structure by doubling her executive team to 29. BJP leader, journalists booked for fake migrant workers attack reports in Tamil Nadu, WATCH: Sarpanches protesting at Chandigarh-Panchkula border against Haryana's e-tendering policy detained by police, CBSE Class 10th Science Question Paper 2023 easy with direct questions, check student and expert analysis. From her school and college days in Madras/Chennai to her B-school years in IIM Calcutta, a sales trainee in Mumbai, and an immigrant student at Yale, it charts her ascent as a diligent, hard-working strategist who rose through the ranks at Motorola, The Boston Consulting Group, ASEA Brown Boveri and PepsiCo. It is accelerating the inner transformation to find the light inside, and stay in. In 2016 she was awarded the Gallatin medal, NYUs highest honour. During an interview earlier . Her fluency in the global arena is increasingly critical to the business. Nevertheless, growing up the first girl child in a traditional Tamil Brahmin family in Chennai, conservatism ruled. She documented all the transactions on a paper cash register and balanced the accounts each week. As we worked through rehearsals, different ideas emerged about what worked on stage. And when I come back, Im hopping mad. From my earliest days, I played on the swing with my older sister, Chandrika, and my younger brother, Nandu. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 I had loads of energy and loved to play sports, climb trees and run around the house and garden, all in a society where girls were judged on their skin tone, beauty, calmness and homeliness. I overheard chitchat among relatives wondering how they would ever find someone to marry this tomboy. That still stings. I would keep notes about melodies and lyrics on little pieces of paper everywhere. By Karen Guzman. 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. He Earned an Engineering Degree from The University of Texas. Tandon grew up in a middle-class family where the children despite simple beginnings went on to scale greater heights - (her sister Indra Nooyi has been the president and CEO of PepsiCo and her brother Nandu Narayanan heads Trident Investment Management). (Right) Music is what I am, everything else is what I do, says Tandon. As Nooyi's plane landed on Cape Cod, there was White waiting for her at the airport with a card he'd written to congratulate her. PepsiCo Leadership Style: Successes and Failures. Her fourth album, ShivohamThe Quest, is a collaboration of over Here's what you need to know about Raj K. Nooyi: 1. Every month, my father handed his paycheck to my mother, who handled the everyday expenses. 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. 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. A vendor came a little later in the morning, selling fresh vegetablescauliflower, spinach, squash, pumpkin, potatoes, onions. An absolute dream come true for her, and no greater joy for a mother than to see her daughter realise her dreams. And it's a proposition that suited the Indian zeitgeist I just loved what the four were doing; dedicated, hard-working.. Indra and Raj have two grown-up daughters - Preetha Nooyi and Tara Nooyi. Adapting it for the stage at the Kennedy Center was a complex reimagining. In her childhood, she was a rebellious young girl and was known to be wild. the Hindu Temple Society of North America. Yeh Rishta Kya Kehlata Hai He fame actor has THIS to say. When Indra Nooyi's mother found out that the Pepsi CEO would be sharing the stage with actress Priyanka Chopra, her response was: "Tell Priyanka to get married and settle down." That didn't come as a surprise to Nooyi, considering her . The above address is for mailing and administrative purposes. 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. By signing up you agree to our User Agreement and Privacy Policy & Cookie Statement. This path of service is what transforms life and helps all the pieces to fall into place, like a giant jigsaw puzzle. For the unversed, megastar Amitabh Bachchan's granddaughter, Navya Naveli Nanda turned entrepreneur from a young age. How she did it, Ill never know. All of youmy PepsiCo familyhave held a special place . 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. U.S. real estate might be a mess, but in other parts of the world, home prices are jumping. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). The original album was comprised of 279 musicians and artists from different genres and countries. 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. (Fortune Magazine) -- Pepsi can have a strange effect on people. Tuesday, Mar. My spiritual practices also make me realize viscerally how much the Divine is of everything we do. 3 Theres no substitute for research and legwork: Be it as a sales trainee going door to door in Mumbai, a senior executive diving into research to devise strategy, or a CEO making personal visits to grocery stores to understand how people buy, Nooyi is never afraid of legwork. 2019. Keeping a focused, calm, and centered mind is, to me, the most important attribute of living my everyday life. He slept on the carved-wood divan with deep blue upholstery. But she always cooked us fresh meals that were packed into neat tiffin carriers and sent warm to school. , Meet Chandrika Tandon businesswoman andGrammy nominated musician. Report a problem? Once you even glimpse that place, you are on a new journey.. The award honours outstanding leaders who have accomplished great successes in spite of adversity. Follow us on our social media channels to stay connected. Large orders would be delivered to the house in more newspaper cones. My mothers view was the same. "If all you want is to screw this company down tight and get double-digit earnings growth and nothing else, then I'm the wrong person," she says. Says Nooyi: "I treat Mike as my partner. In 2006 Indra was named President and CEO of PepsiCo, and assumed the role of Chairman in 2007. 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 !! Capturing mosquitos with a clap of the hands was a required survival skill. Amma served Thatha his midday meal on a large silver platter with little bowls for the various vegetables and accompaniments. As a woman who has held her own in male-dominated industries for more than two decades, here are some of Indra's pearls of wisdom for running a multibillion-dollar company. This is a sure-fire way of earning respect and trust, Suri adds. Get Tickets. Leaders embracing a business approach driven by purpose are likely to be more profitable in the long-term than an attempt to maximise shareholder value, Suri sums up. Raj, 63, attended college in the United States. Indra Nooyi accomplished all of that and much more in her tenure as PepsiCo CEO. 4 View the employee, and their family, as part of your organisation: As someone who values her family above all, Nooyis book is a handbook on how to manage work and personal life. She has opened new musical worlds for students through the Berklee Tandon Global Clinics many pilots have already occurred in India impacting thousands of students. We need you to go out and get some milk. So I go out and get milk. Indra Nooyi, former Chairman and CEO of Pepsi Co., and her husband, Raj K. Nooyi, at the Justice Ruth Bader Ginsburg Woman of Leadership Award. Times Professional Learning launches Post Graduate Programme in e-Commerce & Supply Chain Management, Indian Institute of Management Bodh Gaya, Times Professional Learning launch Executive Certificate Programme in Digital Marketing for Business. Music and spirituality have been the twin graces of Tandons life, be it starting the day with, She says, If I had to rewind my life, I would add more compassion to it. Washington, DCFollowing its September meeting, the National Gallery of Art Board of Trustees announced that former PepsiCo executive Indra Nooyi was elected as a new trustee and will begin serving immediately. Tandonis vice-chairman of the Board of Trustees of NYU, chairman of the NYU Presidents Global Council, and chairman of the NYU Tandon School of Engineering andserves on the Business School and Medical School/ Hospital Boards. Learn more about the time period in which this Inductee lived. This was pre-liberalisation India, before Madras was Chennai. My mother, who I call Amma, used that buffalo milk for the yoghurt, the butter and the delicious, aromatic South Indian coffee that were staples of our vegetarian diet. Business, social, and philanthropic commitments occupy a lot of my time, and its often very hard to allocate that. DNA: 'Soft corner' for China in Rahul's heart? What place will Shivoham hold in your heart as you move on to other things? CONNECTICUT WOMENS HALL OF FAME320 Fitch Street,Schwartz Hall - B3,New Haven, CT, 06515(203) 392-9007. Once we had the arrangements figured out, I collaborated And all you want me to do is go out and get milk. Then she says, Let me explain something to you. Suri reflects that when leaders lean in on their humble beginnings, they exemplify that hard work, skill and equal opportunities are valued. Chanting was all around me. Then shed make breakfast, usually oat porridge with milk, sugar and cardamom powder. She has created a motto - "Performance With Purpose" - that puts a positive spin on how she wants PepsiCo to do business both at home and abroad. She told her mother the news, that she'd just been named the president of PepsiCo and her mother just wanted her to go out for milk. For the unversed, megastar Amitabh Bachchan's granddaughter, Navya Naveli Nanda turned entrepreneurfrom a young age. That kind of scene may be rare in the hypercompetitive realm of C-suites, but not at PepsiCo (PEP, Fortune 500) (rank on the 2007 Fortune 500: No. The rest is up to you. In 2009, she received the Walter Nichols Medal from NYU Stern for representing the highest ideals of business, service and integrity - prior recipients include Rockefeller, Greenspan and Welch. We played hide-and-go-seek, we climbed trees and picked the mangoes and guavas that grew in the garden surrounding the house. All times are ET. Often, there would be power cuts and the house was plunged into darkness. 21, 2023. These compositions represent her continuing journey into the light. 1998-2022 INDIADOTCOM DIGITAL PRIVATE LIMITED, All rights reserved. This is our original content. She currently resides in Greenwich, Connecticut with her husband of 35 years Raj K. Nooyi and has two daughters. (Left) Tandon checks out the innovation of the students at Tandon School of Engineering. If companies don't do [responsible] things, who is going to? On very hot days, we drank kanji, a mix of cooked rice soaked in water overnight, and then blended with diluted buttermilk. In a fascinating interview filled with delightful anecdotes of her childhood, her school days and her career, the former CEO and Chairperson of Pepsico has s. Indra Nooyi and Priyanka Chopra go way back. (Photo: Yassine El Mansouri). She sings karaoke; she plays electric guitar. 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. Chandrika, and my younger brother, Nandu. Often, there would be power cuts and the house was plunged into darkness. He checked our work regularly. 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. The clerk would wrap up the lentils, rice or pulses into a newspaper curled into a cone, and tie it with twine at the top. sukanya.datta@mid-day.com, From a determined little Girl Scout growing up in Madras to an immigrant business leader shattering the glass ceiling, the ex-PepsiCo CEOs trailblazing journey comes to life in a tell-all memoir. She went on a hunger strike to be allowed to go to the college of her choice andin 1973, she graduated with a bachelors degree in commerce from Madras Christian College. She has also founded the Hindu Community Outreach Initiative for youth and seniors, donating buildings and Former PepsiCo CEO Indra Nooyi has called the coming decades "the decades of women" as economies move into a new phase of growth. to our, Crucial lessons from ex PepsiCo CEO Indra Nooyis memoir, Mumbai: Deadly Dadar platform to be widened by 2 metres, Mumbai: BMC's Rs 3 cr for each ward remains a pipe dream, With no physical evidence, here is how cops hope to prove slow-poisoning, Mumbai: BESTs 400 CNG buses to hit the roads again soon, Mumbai Crime: Inter-state gang of thieves busted; police recover 51 tempos and two cars, WPL 2023, GG vs MI live updates: Kaur leads MI's onslaught, hits maiden fifty. Ive got great news for you, I shouted. 275 world-class musicians living across four continents, recorded largely in London, and mixed in New York. He dressed in a perfectly pressed white dhoti and a light-colored half-sleeve shirt. Shivoham has been your passion for several years. Under her leadership, PepsiCo's revenue grew from $35 billion in 2006 . 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. She grew up in a home that thrived on music but never followed that path, engaged as she was with building a career. Intensive practice is meditation. Our job was to make sure she didnt bulk up the milk by adding water. Bubbling with the newfound knowledge of her success she left for home early only to be told by her mother to get some milk before she could break the news to her family members. Shivoham at the Kennedy Center, Chandrika Tandon spoke to Khabar about life, music, and spirituality. Then wed line up in the same space to sleep, boys and girls in a row on a large, colorful mat, each with our own pillow and cotton sheet. White said he would sleep on it. He often allowed me to tag along with him. If the forest were only filled with nightingales, it would be a very boring forest indeed. About why she left a lucrative position with McKinsey to branch out on her own, she says, In 1986 I worked with a failing bank in Brazil. She had an elder sister and a younger brother. The company increased its revenue by 80% during her revenue. 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. Music harmonizes me as a person. Once my father and the kids had left home, shed be back in the kitchen, preparing lunch for Thatha, Chandrika and me. All products featured on Vogue are independently selected by our editors. Her South Asian heritage gives her a wide-angle view on the world. Her belief in education as a game-changer has made her take a pro-active role in higher education, especially for those in need. Both had been CFOs and rising stars. Tandons life story is a classic example. She did not even own a western outfit, interviewing in a sari and chappals, wearing a borrowed coat. References. All rights reserved. By continuing to use our website, you agree Indeed, the family name Nooyi is actually derived from the village name Nooyi of Gurpur-Kaikamba. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. every part of the bank simultaneously, in a very short period of time. She blogs at It really changes the way you think about people, how you spend your time. I adored and revered Thatha, whose full name was A. Narayana Sarma. 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 . 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. ", Nooyi didn't wait to become an elder statesman CEO before making herself heard on the public stage. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. ; She received the Bower Award for Business Leadership from the Franklin Institute Awards Program in 2019.; The CEOWORLD magazine named her Best CEO in the World in 2018.; She was named number one on the annual ranking of Most Powerful Women in business for 2006 . Published Oct 2, 2018. Spirituality and chanting have been the twin graces of Tandons life, be it starting the day with pranayama or creating a musical choir for seniors at Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. I was never in doubt that the head of the household and of the family resided in the mens living room. On many days, we also wrote out two pages in handwriting notebooks to practice cursive usually the phrase the quick brown fox jumps over the lazy dog because it includes all 26 letters of the alphabet. The Indian-American businesswoman said Covid-19 has served to . Indra Nooyi Leadership Style and Managerial Approach. We lit candles and lanterns. She has opened new musical worlds for students through the Berklee Tandon Global Clinics that offer workshops, artist residences, Getty. Indra Nooyi announced this week that she will soon step down as PepsiCo's C.E.O., after twelve years in the role. Cable News Network. Its when leaders stop coming from the space of I know better or I know it all, that the paradigm shifts towards growth. 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. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around it. He was already in his late 70s when I was a schoolgirl, a slight man of 5-foot-7 or so with thick, bifocal glasses, regal, very firm and very kind. But to play the guitar, you cut the nails. The culture changed to say, the strength of the company was our decentralized company. 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. In 2009, she received the Walter Nichols Medal from NYU Stern School of Business for representing the highest ideals of business, service, and integrityprior recipients include John D. Rockefeller, Alan Greenspan, and Jack Welch.
