#09: Indra Nooyi, PepsiCo Former Chairman & CEO—The Power of Elevating Others

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8 • 596 Ratings

🗓️ 3 September 2020

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s guest is Indra Nooyi, the former Chairman and CEO of PepsiCo. Indra is an incredibly accomplished leader. In her twelve years in charge at PepsiCo, she navigated all kinds of challenges – a global recession, major restructuring, sweeping changes in consumer habits. And yet, in those same twelve years, PepsiCo sales had risen by 80%. That kind of leadership is impressive. But what’s even more impressive is how Indra does it – by looking for ways to elevate others and build them up. She intentionally carves out opportunities for the people she serves. And this isn’t just pie in the sky stuff. It’s practical. In this episode, Indra goes into detail about PepsiCo’s leadership development and retention strategies. She talks about increasing diversity and calling out bias. And she shares her own story as a woman of color and immigrant from India. Great leaders intentionally elevate the people they serve. And that’s the big leadership lesson waiting for you in this episode today. You’ll also learn: Creative ways to celebrate your team (including one you HAVE to try) Specific strategies to boost diversity and inclusion How to stick to a vision, even when the naysayers are (very!) loud The one mistake you should never make when communicating during a crisis How to call out workplace bias The single biggest thing consultants can do to add value The six paragraphs Indra reads every week to stay inspired What it’s like working with Jeff Bezos as a board member for Amazon Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

Click on a timestamp to play from that location

0:00.0	Hello, everybody. Welcome to How Leaders Lead, where every week you get to listen in while I
0:08.1	interview some of the very best leaders in the world. I break down the key learning so that by the
0:12.9	end of the episode, you'll have something simple you can apply as you develop into a better leader.
0:18.4	That's what this podcast is all about. Today's guest is
0:22.2	Indra Newey, the former chairman and CEO of PepsiCo. Indra is an incredibly accomplished leader,
0:28.7	and she ran PepsiCo for 12 years from 2006 to 2018. And she navigated all kinds of challenges
0:37.3	during that period. She went through a global recession,
0:41.0	major restructuring, and sweeping changes in consumer habits. But you know what? During Indra's
0:47.6	reign, as CEO, PepsiCo's sales rose by 80%. Now, that kind of leadership is impressive, but what's even more impressive to me is
0:56.8	how Indra does it by looking for ways to elevate others and build them up. She intentionally
1:02.9	carves out opportunities for the people she leads and serves. And this isn't just pie in the sky
1:08.2	stuff. It's practical. You'll hear it when she goes into detail
1:11.8	about PepsiCo's leadership development and retention strategies. You'll hear it when she talks about
1:16.5	increasing diversity and calling out bias. You'll hear it when she shares her own story as a woman
1:21.9	of color and immigrant from India. And you'll see for yourself the great leaders intentionally elevate the people they
1:29.3	serve. And that's the big leadership lesson waiting for you in this week's episode. So here's my
1:34.9	conversation with my good friend and soon to be yours, Indra Newey.
1:49.5	Indra, thanks so much for taking the time to chat with me. I really, really appreciate it.
1:53.0	David, you know, I think the world of you and you were a great leader of young restaurants and I've admired you over the many, many years and it's a pleasure to do this, a privilege to be
1:58.9	invited on to your podcast. Great. Well, you know, we are definitely living in some crazy times these days. And, you know,
2:06.5	I always describe you as a change maker. Well, how do you think that coronavirus is changing the way
2:12.7	that leaders will need to lead in the future? I think COVID has challenged everybody
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from David Novak Leadership, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David Novak Leadership and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.