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. The rest is up to you. Here's what you need to know about Raj K. Nooyi: 1. He Earned an Engineering Degree from The University of Texas. Who else made the list? Every morsel was consumed; if we didnt eat it all, wed have to eat the leftovers at dinner, a situation we knew to be avoided at all costs. He could easily have been CEO." I had no idea who Navya Nanda was when I was mentoring her. She continued on with her education, receiving her M.B.A. in 1978 from the Indian Institute of Management in Calcutta. Shivoham at the Kennedy Center, Chandrika Tandon spoke to Khabar about life, music, and spirituality. 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). And when I come back, Im hopping mad. But when you step into this house, youre a wife and mother first. scholarships, and courses in contemporary musicmany pilots have occurred in India, impacting thousands of students. She points out that NYU Tandon, with over 5,200 students, has many students from first generation immigrant families, many students on aid, and many female students. Family. 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 . She picked flowers to adorn the prayer room, a large alcove in the kitchen, where she told her daily prayers, often while she was cooking. P.G.D.M. Tandon also 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. 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. a Grammy nominated world musician and a financial advisor/trustee of New York University; and her younger brother Nandu Narayanan, founder and Chief Investment Officer of Trident Investment Management LLC in New York City). It was an iterative and very collaborative process, which was extremely rewarding. We auditioned intensively and ultimately selected a mix of students, faculty, and alumni from NYU, as well as a few other talented singers from New York City. Be your own person.. For example, Song of Blessings emanated from a ten-day silent Vipassana retreat, and Song of Compassion was originally composed for the Hindu Community Choir, which I founded and led for many years. He was the pride and joy of the entire family someone to carry on the family name. This is the story of a Hindu Brahmin girl Indra Krishnamurthy. 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And it affects all parts of my lifemy business, my family, my friendships, everything. The original album was comprised of 279 musicians and artists from different genres and countries. Can you share with us the journey, beginning with the idea and its birth? Every few chapters hed take the book, point to a page and ask: "What's the meaning of this word?" Their commitment to education also extends to leadership faculty chairs they have established at the Harvard Business School, Yale, IIMA and Madras Christian College in India. Naturally, my view of business is altered by spirituality, but the two worlds are not in conflict except in terms of time commitments. "Do you remember campaigns like 'Keep America beautiful'? My family belonged to the Samaveda lineage, where ancient Vedic mantras are sung with a tune and meter in a most breathtakingly beautiful way, she recalls. Indra Nooyi had shared a stage with Priyanka Chopra in 2018 at an event. It really changes the way you think about people, how you spend your time. : Not Known, She was raised by her mother along with her sister and in an interview, she revealed that every night at the dinner table, her mother asked them to write a speech about what we would do if we were. Inspired by theirPerformance with Purposeinitiative, PepsiCo launchedFood for Good, a social enterprise within PepsiCo whose mission is to make healthy food physically and financially accessible for low-income families through sustainable, business-driven solutions. They hadnt necessarily sung together before, I'd followed my career mindlessly . Her sister, Indra Nooyi, has been the high-profile President and CEO of PepsiCo and her brother, Nandu Narayanan, heads Trident Investment Management. Building a culture of ownership. Intensive practice is meditation. program support for after-school classes, health, and She was surprised that her parents agreed to let her go abroad. Of PepsiCo, Indra Nooyi speaks at the 4th Important Dinner for Women hosted by HM Queen Rania Al Abdullah, Wendi Murdoch and Indra Nooyi at Cipriani. Her predecessor, Steven Reinemund, calls her a "larger-than-life leader." In an old Indra Nooyi video I saw recently, she talks about getting into Yale and how her mother refused to let her go to America, how it was her father who insisted that he would never discriminate between his sons and daughters . You took many performers from New York, London, and India. Shakuntala would spoon out the food while we sat under a tree in the playground. For Tandon, the joy is in being able to mentor so many young people in the schools and colleges she supports. For me, its become almost a meditation. My paternal grandfather, a retired district judge, had used all of his savings to design and construct this grand, two-story residence, with its terrace and balconies. Libya's output is a fraction of global production, but it's crucial to the nation's economy. DNA: 'Soft corner' for China in Rahul's heart? But theres more to life than the next big business deal. Nooyi, who turned 66 in October, is currently on the boards of Amazon, Philips and the International Cricket Council. Don't . In her new memoir, "My Life in Full . It is accelerating the inner transformation to find the light inside, and stay in. My mothers view was the same. 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. "When . People like Navya are going to emerge in the world scene in a profound sense and we are all going to be looking at them and saying how proud we are," Indra can be heard saying in the video. Qualification: B.S. 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. 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. We swayed and sang our school songs. I was never in doubt that the head of the household and of the family resided in the mens living room. 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. I have become a lot more centered and able to let go of outcomes and concentrate on the work and the journey. Indra had a thirteen month older sister (Chandrika) and a eight year younger brother (Nandu). Above all, a seeker of the light. We ate on the floor sitting cross-legged in a circle, with our mothers in the center ladling sambar sadam and thayir sadam lentil stew and curds mixed with rice from clay tureens and dishing out Indian pickles onto banana leaves that served as plates. 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. She listened to Carnatic music and sang along. Like many houses in India at the time, Lakshmi Nilayam, as our house was named, also had a mens living rooma vast hall with big square windows directly off the entry portico where it was easy to keep an eye on who came and went. I went into myself, came to a new way of seeing "success" as freedom to do what I wanted. 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. 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. 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. She says, We are changing not just individual lives but we are changing generations., For this high achiever, nurturing a rich inner life is as important, if not more so than material accomplishments. By Indra Nooyi. We read British childrens novels by Enid Blyton, Richmal Crompton, and Frank Richards. Suri notes that like Nooyi, good leaders demonstrate a you-come-first attitude. It changes relationships within the family and it changes the relationship with yourself. We felt important. 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. 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. Aara Health is an organisation co-founded by Navya along with Mallika Sahney, Pragya Saboo and Ahilya Mehta in 2020. Nooyi has continually adjusted the company's worldwide strategy throughout her tenure as CEO. Suri shares that such an approach ensures engaged, loyal and more productive employees. , Meet Chandrika Tandon businesswoman andGrammy nominated musician. Most recently, Nooyi was chairman and . 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. 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. 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. My mother was always in motion cooking, cleaning, loudly barking out orders, feeding others, and singing along with the radio. She has also founded the Hindu Community Outreach Initiative for youth and seniors, donating buildings and This was pre-liberalisation India, before Madras was Chennai. He checked our work regularly. He slept on the carved-wood divan with deep blue upholstery. "I believe we need an approach like this to attack obesity. She rememberedthat a movie theatre she and her friend visitedwas destroyed the very next day. Then shed head back home to cook again. Former PepsiCo CEO Indra Nooyi has called the coming decades "the decades of women" as economies move into a new phase of growth. 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. 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. Morningstar, Inc. All Rights Reserved. Thanks to that passion for music, Tandon is now a Grammy-nominated musician, whose albums of chants have transformed many lives. He often allowed me to tag along with him. My grandparents had eight kids, but when I knew my grandmother before she died, they never seemed to speak. Every month, my father handed his paycheck to my mother, who handled the everyday expenses. I have always felt that she lived her life vicariously through her daughters, wishing for us the freedoms she never had. She celebrates her Indian upbringing, acknowledges her privilege, and is all about show, dont tell. 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. With the U.S. marketplace in slow-growth mode even in the best of times, the biggest opportunities are overseas. I was lucky that my father, who I called Appa, was completely on board. in Business Wisdom. 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. (Photo: Yassine El Mansouri). It is like quieting ones mind and internal chatter for concentrated periods of time. I lived with the CEO and the management teamand restored the bank to profitability, which made waves in the market. 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. B.S. You had many performers on the album and recorded it on three continentshow did you manage to fine-tune it for the stage? Says Nooyi: "I treat Mike as my partner. 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. Wife, mother, grandmother. and/or its affiliates. 7 of 12. Do Not Sell. October 20, 2022. But the heart and soul of our lively existence was down the hall, in the open space with the red-tiled floor and the gigantic rosewood swing. Indra Nooyi's clearly Chennai's Beti No 1. No sooner had PepsiCo president Indra Nooyi gotten word 18 months ago that she was to become the next CEO than she hopped on a plane to Cape Cod, where Mike White, her main challenger for the job, was vacationing. All of youmy PepsiCo familyhave held a special place . from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal . Back at his beach house, he played the piano and she sang. Above all, her every pursuit has been imbued with the search for a higher way of living. In the fourth quarter of 2007, revenue went up 17%, to $12.3 billion, and operating profits rose 9%, to $1.7 billion. Motley Fool co-founder and CEO Tom Gardner talks with Indra Nooyi, ex-CEO of PepsiCo, to discuss: Other CEOs she's learned from. Once you even glimpse that place, you are on a new journey.. She is not hung up on pay. 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. 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. Indra Nooyi accomplished all of that and much more in her tenure as PepsiCo CEO. U.S. real estate might be a mess, but in other parts of the world, home prices are jumping. All the essentials: top fashion stories, editors picks, and celebrity style. She grew up in a close family with two siblings, her parents, and her grandparents. All products featured on Vogue are independently selected by our editors. 1966 - Today: Struggle for Justice In our home, boys and girls were allowed to be equally ambitious. Now, in a rich memoir brimming with grace, grit, and good humor, <i>My Life in Full </i>offers a . 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. In 1986 she began working for Motorola as a business development executive and then was promoted to the Director of Corporate Strategy and Planning and Vice President. Shes come full circle now, as her daughter Lita, also an executive at McKinsey, has given birth to her first child, making Tandon a recent grandmother. . . Sharing an anecdote, Indra 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. Her fourth album. She says she asked the board to increase White's compensation to nearly match hers (Nooyi's 2006 compensation: $7.1 million). Music harmonizes me as a person. The best music comes when I dont exist. Her mother and father, a stay-at-home mom and an official or the State Bank respectively, put great importance on education and excelling in school. Day after day, each meal was uniquely prepared, eaten and cleaned up, with no leftovers. The album is really the musical expression of my personal journey over the last twenty years. The swing was a set piece for elaborate plays we wrote and performed, based on anything that caught our fancy. MPW Former PepsiCo CEO Indra Nooyi explains why she 'never ever, ever' asked for a raise. Yeh Rishta Kya Kehlata Hai He fame actor has THIS to say. The stove was fueled with kerosene and the fumes could be overpowering. Years before she was revolutionising the path of PepsiCo, one of the largest consumer packaged goods companies in the world, as its CEO, a young Indra Nooyi, along with her siblings, would spend days playing, snoozing and singing on a huge rosewood swing set that graced the womens living room in their middle-class Madras home. 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?. 2023 Cond Nast. Getty. #85 Indra Nooyi on the 2022 America's Self-Made Women - PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half Vogue may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. So far, so good. Indra Nooyi and Priyanka Chopra go way back. During an interview earlier . every part of the bank simultaneously, in a very short period of time. from IIM Calcutta in 1977 M.A. The company, that is, not the beverage. You must be accessible. The reviews didnt matter on those busy, happy days. 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. My mother was always in and out of the room, serving coffee and snacks to visitors, or tidying up. A New York Times Bestseller. + Follow. Indra Nooyi announced this week that she will soon step down as PepsiCo's C.E.O., after twelve years in the role. But she's best known for her time at PepsiCo, where she was the chief financial officer before taking over as CEO and retiring as chair in February 2019. 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. At the end of the day, we have to make our corner of it much better. Indra Nooyi. Indra Nooyi. All rights reserved. Get Tickets. 2019. 1998-2022 INDIADOTCOM DIGITAL PRIVATE LIMITED, All rights reserved. NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve Ballmer, FBI and SEC probe into Carl Icahn and golfer Phil Mickelson, Apple scores high in PC World's relability survey, Dean Kamen (still) wants to save the world, Al Gore: Web 2.0 can help save the planet, What to expect at Goldman's annual meeting, SoftBank and Toyota want driverless cars to change the world, Barnes & Noble stock soars 20% as it explores a sale, Why it's time for investors to go on the defense, The Toys 'R' Us brand may be brought back to life, The internet industry is suing California over its net neutrality law, Priyanka Chopra is helping Bumble expand in India, Getting health insurance through work now costs nearly $20,000. 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. Let's be a good industry that does 100% of what it possibly can - not grudgingly but willingly." 6 Companies arent just profit-making centres: While devising the Performance with Purpose framework for PepsiCo, Nooyi says, Whats good for commerce and whats good for society have to go together a piece of advice that helps build lasting legacy organisations. For me, its become almost a meditation. 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. Ours was the big, airy house where a dozen cousins would gather for festivals and holidays. Great variety was available, for a price. If companies don't do [responsible] things, who is going to? She would have made a great CEO. Indra Nooyi has led PepsiCo . 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.. Chandrika and I returned home from school at around 4:30 pm, and were greeted by Thatha and Amma. For the past 12 years, Indra Nooyi has called the shots as chairman and CEO of PepsiCoone of the most recognized brands in the world. Tandon was the first woman partner at McKinsey to give birth. He warmly welcomed visitors, who almost always dropped by unannounced. Indra Nooyi is the former Chairman and Chief Executive Officer of PepsiCo (2006-2019); a Fortune 50 company with operations in more than 180 countries. ", Nooyi didn't wait to become an elder statesman CEO before making herself heard on the public stage. "You have to relate your interests to the interests of other parts of the world - to be relevant in their societies. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Ms Tandon defines tenacity and boldness characteristics that many of our Scholars also embody, says Terrence J Giroux, executive director, Horatio Alger Association. For a long time, investors have been enamored of PepsiCo for its bold strategic moves and steady, reliable growth. Please fill up the form for authorized use of the content. We grew up in a very simple home in a very old city, where Vedic traditions are performed to this day. In 2006 Indra was named President and CEO of PepsiCo, and assumed the role of Chairman in 2007. My spiritual practices also make me realize viscerally how much the Divine is of everything we do. All Rights Reserved.Terms My mother was visiting at the time. On very hot days, we drank kanji, a mix of cooked rice soaked in water overnight, and then blended with diluted buttermilk. Nothing was discarded. The company increased its revenue by 80% during her revenue. I was a middle child, dark-skinned, tall and skinny. When recording the album, we used an extensive string section, and instruments like a harp and viola da gamba, as well as over 100 choir members from both Kolkata and London. Then there would be more schoolwork, chores and lights out. from Madras Christian College in 1974. With Indra at the helm, PepsiCo's revenue doubled in 12 years to reach US$63.5 billion, half of it coming from the healthier product categories (up from 38% in 2006). How do you reconcile your business world and spirituality? Amma served Thatha his midday meal on a large silver platter with little bowls for the various vegetables and accompaniments. Yet Tandon is about much more than business or education she also proves that you can nurture and enrich a God-given talent in the most difficult situations. In addition to her work at PepsiCo Indra serves on numerous boards including the PepsiCo board of Directors, U.S.-China Business Council, U.S.-India Council and The Consumer Goods Forum. 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. Thisfeeling of compassion allows you to give completely of yourself.. Birthday: October 28, 1955. Today our guest is Indra Nooyi, who is one of the most successful women CEOs in America as head of PepsiCo. for only $11.00 $9.35/page. (Left) Tandon checks out the innovation of the students at Tandon School of Engineering. As was the tradition in families like ours, Amma and the baby spent a couple of months at her parents home, a period when my father did a lot of the chores and got Chandrika and me off to school. In her childhood, she was a rebellious young girl and was known to be wild. Her fourth album, ShivohamThe Quest, is a collaboration of over When he talked, no one else did. BY Beth Kowitt. The Indian-American businesswoman said Covid-19 has served to . By Karen Guzman. Leadership Indra Nooyi reflects on her time as . Get all latest Business News, Market News , Income Tax News, Share Market, Sensex Today live updates on Times Now, Former PepsiCo CEO Indra Nooyi I Source: @IndraNooyi  |  Photo Credit: Twitter, When Indian PM and US President both claimed Indra Nooyi is one of theirs, India has huge potential, real question is speed of growth: Former PepsiCo chairperson Indra Nooyi, Former PepsiCo CEO Indra Nooyi joins Amazon Board of Directors, Oats Rava Idli Burger | Homemade Idli Burger | Healthy Burgers, Healthy Vegan Butter 3 Ways | Peanut, Cashew & Almond Butter Recipe | The Foodie, Chicken Thukpa Recipe | How To Make Chicken Thukpa | Yummy Tibetan Noodle Soup | Chicken Noodle Soup, Borivali Chowpatty | Bahubali Gola | Pizza Blast Sandwich | Mumbai Street Food | Foodie's Day Out, Chicken Hot Pan Recipe | Hot & Spicy Chicken recipe | Easy Chicken Starters | Chicken Meatballs, Mohsin Khan to join Anupamaa? Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. What about 'Buckle up'?" Children came and wenthanging out, reading or working on homework. 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. How is music a spiritual practice for you? 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). Before she left, they went for ice cream. Her belief in education as a game-changer has made her take a pro-active role in higher education, especially for those in need. That swing, with its gentle glide back and forth in the South Indian heat, set the stage for a million stories. Raped By Brother, Father, Uncle, Grandfather - Why 'What Was Her Mother Doing' Is The Wrong Q To Ask! This has become the prism with which I view my whole life and Life is certainly much more than the next big business deal or the next acquisition. Thatha once had my sister and me read Nicholas Nickleby, the almost 1000-page novel by Charles Dickens. It is hard to be down when you are singing. Yet within a few years she went on to become a partner at this prestigious company, the first Indian-American woman to be selected. They planned meals, compared their childrens grades, and pored over Indian horoscopes to find suitable matches for their daughters or the other young people in their extensive family networks. At 24, Tandon arrived in America to interview for a job at McKinsey & Co. She had no American degree, no green card, not even a coat or a Western outfit. Copyright 2021 by Preetara LLC. We swayed and sang our school songs.