Life Stories to Inspire: Indra Nooyi – CEO, PepsiCo

Ever wonder how to be influential and reach the top of the world?. Here’s the inspiring story of CEO of PepsiCo and the Fortune / Time magazine’s most influential women in the world – the Chennai born Indra Krishnamoorthy Nooyi:

It’s a simple story of a powerful woman. A story of an Indian girl who came from conservative Chennai to pursue higher studies in the US with little money and no safety net. If she failed, she failed. A story of this determined girl, who while studying in Connecticut, worked as a receptionist from midnight to sunrise to earn money and struggled to put together US$50 to buy herself a western suit for her first job interview out of Yale, where she had just completed her masters. Incidentally, she wasn’t comfortable trying out a formal western outfit and ended up buying trousers that reached down only till her ankles. Rejected at the interview, she turned to her professor at the school who asked her what she would wear if she were to be in India. To her reply that it would be a sari, the professor advised her to “be yourself” and stick to what she was comfortable with. She wore a sari for her next interview. She got the job and has followed this philosophy for the rest of her career. She’s been herself, never tried to change her basic beliefs, derived strength from her traditions and believed in who she is. As she says, “I’m so secure in myself, I don’t have to be American to play in the corporate life.” She worked hard and in time was counted as one of the most powerful women in the world by Forbes. In this edition of ‘My Story’ we present Indra Nooyi, President & Chief Financial Officer PepsiCo, Inc – a story that is both inspiring in its simplicity and grand in its achievement.

Indra Nooyi - (c)TIMEIt all began years ago in Chennai, where she studied hard in school to get her grades. She remembers how her mother would, after meal every day ask Indra and her sister what would they like to become when they grew up. They would come up with different ideas and their mother would reward the best idea each day. It forced Indra to think and dream for herself. It was this dream that led her to be a part of the 11th batch of IIM Kolkata. After two years of work with Johnson & Johnson and Mettur Beardsell in India, it was this fiery urge that took her to America in 1978, when she left India with barely any money to pursue a management degree from the prestigious Yale Graduate School of Management.

Starting off with Boston Consulting Group in 1980, she knew it would be harder work for her than others for two reasons – one, she was a woman and two, she wasn’t an American but an outsider. She spent six years directing international corporate strategy projects at the Boston Consulting Group. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Six years later, she joined Motorola in 1986 as the vice-president and director of corporate strategy & planning. She moved to Asea Brown Boveri in 1990 and spent four years as vice president (corporate strategy & planning). She was part of the top management team responsible for the company’s U.S. business as well as its worldwide industrial businesses, generating about one-third of ABB’s $30 billion in global sales.

An interesting tale surrounds her joining PepsiCo in 1994. At that time she also had an offer from General Electric, one of the world’s best run companies under Jack Welch. The Pepsi CEO Wayne Callloway, in a bid to lure her, told her, “Jack Welch (GE’s legendary boss) is the best CEO I know, and GE is probably the finest company. But I have a need for someone like you, and I would make PepsiCo a special place for you.” Nooyi agreed.

She broke the glass ceiling when she was appointed senior vice president, corporate strategy and development after joining PepsiCo in 1994 but she knew that getting there was one thing while staying there was another. As she says, “If you want to reach the top of a company, I agree that it can only happen in the United States, but you have to start off saying that you have got to work twice as hard as your (male) counterparts.” Not only did she work harder than her counterparts, she also made her way up the ladder to become President and Chief Financial Officer of PepsiCo, and was also appointed as a member of board of directors of PepsiCo Inc – which she assumed in 2001.

Nooyi was 44 when she joined PepsiCo. Ever since, she has been involved in every major strategic decision the company has made in the last few years. That includes the drive to spin off PepsiCo’s fast food chain in 1997, acquiring Tropicana in 1998, and the US$ 13 billion move to acquire Quaker Oats. PepsiCo chief Roger Enrico announced her elevation following the Quaker acquisition saying, “Indra’s contributions to PepsiCo have been enormous and she will make a great President. In addition to her new role as President and CFO, Indra will also be nominated for election to the Pepsi board. She is a terrific addition to our world-class board and her perspective will be invaluable.”

Indra attributes a lot of Pepsi’s success to its great employees. She believes that a company remains great when there is a strong competitor, like Coke. She believes if you have no competition, a company will atrophy. Nooyi has a unique formula that keeps her work-life balance. She feels that you must have an extended family at work to give you that balance. To keep a company running at top speed, you need to attract the best employees.

At PepsiCo she has ensured that employees actually balance life and work. She views PepsiCo as an extended family and everybody at the company is there to help in every way possible. Sometime ago, when Indra was traveling, her daughter would call the office to ask for permission to play Nintendo. The receptionist would know the routine and ask: “Have you finished your homework? Have you had your snack? OK, you can play Nintendo for half an hour”. She then left a voice message for Indra saying “I gave Tara permission to play Nintendo”. Unheard of in most corporations, it’s a team Indra has built up at PepsiCo which knows each other so well.

Despite the monumental successes of her career, Indra Nooyi remains a quintessentially Indian woman who has combined the high-octane energy of her job with the calm, collected demeanour required to manage the equally central responsibility of a mother and a wife. She lives with her husband and two daughters in Fairfax county, Connecticut. If you ever visit her Connecticut home, do remember to take your shoes off before entering. If you forget, at least remember to take them off before entering the large puja room where a diya is lit and the inviting air of incense greets you. She keeps an image of Ganesha in her office, and in fact, some PepsiCo officials visited India and received similar images besides being told of the Hindu belief about Ganesh being the symbols of auspicious beginnings. Many of them now keep images of Ganesh in their offices! Nooyi attends PepsiCo board meetings in a sari; for she believes the corporate world appreciates people who are genuine.

At work, Nooyi is in the pressure cooker world of intriguing business maneuvres and frenetic multi-million dollar moves but when she enters her home, it is like entering a sanctuary of calm. She says Carnatic music plays in their home 18 hours a day, and the feeling is much like being in a temple. Does she think her religious convictions help her to do a better job in the corporate world? “I don’t know about a better job, but it certainly makes me calm,” she says. “There are times when the stress is so incredible between office and home, trying to be a wife, mother, daughter-in-law and corporate executive. Then you close your eyes and think about a temple like Tirupati, and suddenly you feel ‘Hey–I can take on the world.’ Hinduism floats around you, and makes you feel somehow invincible.”

Is it tough being a mother and a corporate executive? Nooyi admits it is difficult, “You can walk away from the fact that you’re a corporate executive, but you can’t walk away from the fact that you are a mom. In terms of being a mother and a corporate executive, the role of mom comes first.” She believes that her husband has been a great source of strength for her. Adds Nooyi on a perkier tone, “Always pick the right husband. I have a fantastically supportive husband.” What sees her through tough times? “My family and my belief in God. If all else fails, I call my mother in India when she’s there–and wake her up in the middle of the night–and she listens to me. And she probably promises God a visit to Tirupati!” Nooyi has always seen the world through the prism of her mother’s faith and beliefs and calls her the guiding light in her life.

http://smarttechiejournal.wordpress.com/2008/01/27/69/

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40 CommentsLeave a comment

  1. Hi Madam,

    I think God created you with all the Ingredients of life,to play all the life cycles in Life..

    Hats off to you Indra Noyyi….

    Please send me your articalls or emails for me …hope it gives me immense Energy in my Life.

    Thank you Madam.

    Sudheer Peri
    Hyderabad

  2. Hello Ma’am,
    You are great.
    Thank you very much for being a guide and inspiring personality to the girls like me.
    I am sure in future also you will be with us giving a lot of energy to achieve the challenging targets.

    Suman Sharma
    MBA Student
    Haryana

  3. Hello Indira,

    Its been years and years and years since I’ve heard anything about you or sister Chitra.

    We go back a long way from Holy Angels Convent – to MCC. Remember our trips to Tambaram on the electric train. Remember Jesus Christ Superstar – all the “singing” at fun raising events?

    You look great. Only recently i.e in 2008, was in MCC
    and started asking around about people I once knew. Great to know that you are doing great. Congratulations.

    I have been living in Denmark since 1979. Am super…
    Get in contact if you can ever spare time ok.

    Love
    Cheryl Rouse (Møller)

    P.S: Am in Thailand from the 15th of Jan. to the 7th of Feb.
    Cheryl.

  4. Dear Friends,

    It is nice to find several comments posted by friends and well wishers of madam Indira Nooyi.

    I wish to clarify the following. This blog compiles inspiring real life stories from various websites for ready reference at one place. Friends who wish to contact madam Indira Nooyi may contact pepsico by visiting the following website address
    http://cr.pepsi.com/inen/pepsiinen.cfm?date=20090115
    and try their luck in getting the contact details.

    The intention of posting such inspiring articles is to encourage emergence some more ‘Indira Nooyis’.

    A.Hari

    • dear a. hari
      i want to make use of these inspiring stories for the benefit of students at the undergraduate level
      can i use the material for text book purpose
      if yes, please let me know from where i need to take the permission
      i will gratefully acknowledge the source
      thanks
      dr.rao

  5. “Dear Mam,

    I have read many articles but some article attract and inspire me and your life story is one of them.

    Thank you so much, sharing your life struggling time.

    It motivate people, who are struggling.

    I believe in hard work and GOD and I have trust.. that one day I will be a Inspiration for others

    Thanks & Regards,
    Ankit Sharma
    Ghaziabad (U.P.)

  6. Hi Madam,
    U R Great,Ideal Person of every lady.

  7. Hello madam,
    i m so excited about i also typing the msg for u.i like u so much.god gives me a life like u.very supportive husband and encouraging kids.basically im in audit profession.i told to my daughter lot of info about u. i didnt write anything.bcos i got a very good with ur presentations.
    god gives u lot of days and im egarly waiting for ur reply,and i feel lucky when u send a msg for me

  8. Thanks for your appreciation about the inspiring life story of Indira Nooyi. Every Indian is inspired by her success. This is not a personal blog of Madam Indira Nooyi.This blog is a compilation of inspiring of real life success stories to inspire youth.

    Do read other success stories and post your valuable opinion.

    A.Hari

  9. Thanks a lot for this beautiful article,it inspire me to be a hard worker and don’t forget your root.

  10. you are my best friend for a 12 year old

  11. […] Life Stories to Inspire: Indra Nooyi – CEO, PepsiCo (changeminds.wordpress.com) […]

  12. Hi,

    Indian women needs your inspiration to become like you.

  13. Very inspirational and mind touching to read article about madam Indira Nooyi , I pray God i should meet such persons in my life and work with people’s so dedicated to work.

  14. i also want to be like Indra Nooyi, i am working as a receptionist in nestle india ltd.

  15. Dear Madam,

    Madam, You are my Role Model.You are a genius. I like your business style. I am a Manager Accounts (100 Cr. Company) and i want to become a CEO so please give me your blessing and tips.

    Thank you Mam.
    Hetal Mehta.

  16. Dear Madam,
    Firstly, i want to tell you that you are my ideal person. I appreciate your courage , struggle and hard work. In future, I also want to become CEO like you. So give me your blessings and advice.

    Thanks
    Priyanka Gupta

  17. Hello Madam, you are great and all in all and do everything. .

  18. You inspire us all.

  19. Your inspiration will help many Indians to come up. I want my daughter to grow like you

    Jayanta Paul

  20. Dear Ms. Nooyi,
    I’m at the cross-road of my career right now, trying to take admission in a top b-school and become a manager, and am very apprehensive. But your story is such an inspiration for me and is keeping me going. Thanks a lot. 🙂

    • Hello dearest Indra Nooyi CEO OF Pepsico

      Your biography filled my eyes with tears
      that water is more than how much water
      the entire sea/ ocean can hold in the world.

  21. hai mam,

    Hats of to you.Give me a tips to being a successful woman like you.God bless you for ur following success.

  22. Hie Mam,
    You are a Role model for me…Your dedication and Hardwork inspires me a lot… I also want to be like you..

  23. Hi Madam,
    I am admired by u..May God always be with U..U r a proud for India..

  24. HAI MADAM,
    THE GREAT INDIAN WOMAN

  25. thank for this detailed life of madam indira………..

  26. wonderfull article……

  27. Dear Madam Indra
    I am one of the Pepsico employee, I do not have an education to become a CEO, but you inspire me to work harder so my children can be one one day.
    Thank you for your inspiration.

  28. Hi mam,
    It was realy good to read about u….u r a perfect role model for every woman who wants to give full justice to life playing each role successfully and 100%.
    I would like to read articles by u.

    Thanks Regards,
    Shraddha

  29. M’am, you are a guiding force. Kudos to your achievements!!

    Hope we are able to follow the path you have shown us.

    Thank you for being our role model.

    Look forward to see you in person some day!

    Cheers,

    Chetna Tilak

  30. Hello mam

    You are really great Indian Woman Who show the girl power.

    You are role model for me

  31. Hello mam
    i am inspired from your life and i want to become like you.
    we all girls can get inspired from your life and your achievement.
    thank you

  32. hi mam

    i m very proud to tell that too born in tamil nadu. you realy doing a great job. you are my inspiration and you are my role modle. my aim to become like you. i love you mam equal to my dad.
    thanks regards,
    sandhiya

  33. Hai mam you are realy a great achiever . how it possible ?

  34. Hii mam.. you have done an excellent job…

  35. Hi, Mam
    It is our great luck that we have daughter’s like you in INDIA.Mam very proud of you.Can you tell me Mam how should I make my life in a good oriented way? I want to become like you Can you tell me Mam.

    Regards
    Moumita Sinha

  36. No words to say madam.
    u r great person.

  37. u r the inspirational one for the women entrepreneurs, and u r the creator of god mam, we are proud to be in our country.

  38. mam i was inspired by you. i am taking a documentary on ceo’s. you are the first person. i inspired by you. i want your more information about your success. plsssssssss reply me madam. this is my mail id bharatkumar.pakala@gmail.com


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