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Introduction. Indra Nooyi , CEO, PepsiCo. Indra Nooyi Value ’ s. . Values of Indra Nooyi External Conditions Sustainability Global Impact Environment Diversity . Value ’ s . Internal Conditions Respect Loyalty Diversity Open-minded . Personality. Charismatic
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Introduction IndraNooyi, CEO, PepsiCo.
Indra Nooyi Value’s . Values of IndraNooyi External Conditions • Sustainability • Global Impact • Environment • Diversity
Value’s • Internal Conditions • Respect • Loyalty • Diversity • Open-minded
Personality • Charismatic • Magnetic Personality that people want to be around and follow • Great Leaders Make you Want to be a Better Person • Vision • Clarity • Concise Communication • Drawing Tangible Connections • History • Maintains a stellar rapport with individuals • Confidence • Not Pompous • There is a big Difference
Decision Making Skills • Performance With Purpose • Make as Much Profit as Possible • Be Responsible in Doing so • Transformational Leadership • Change in Individuals and Social Systems • Valuable Positive Change • Focus on Conceptual Ideas • Development of Concept • Implementation of Concepts
Leadership of follower motivationTransformational vs transactional leadership(Northouse, 2007)Transformational leadership factors include:1. Idealized influence and charisma2. Inspirational motivation3. Intellectual stimulation4. Individualized consideration Robbins and Judge (2011) suggest transformational leaders inspire or motivate followers to transcend their own self-interests and are capable of having a profound and extraordinary effect on followers. Dr. Martin Luther King Jr’s abilities to express his moralistic approach to civil rights led followers to a sense of intrinsic motivation which they developed into a movement that peacefully became his vision of an effectual nonviolent direct-action program (King, 1963) (Northouse, 2007). Dr. King provides one example of an effective transformational leader. Robbins and Judge (2011) suggest transactional leaders guide or motivate their followers in the direction of established goals by clarifying role and task requirements.
IndraNooyiPepsico’s CEO and her transactional leadership role that works towards providing transformational leadership qualities. Transactional Leadership factors include Northouse, 2007):1. Contingent reward2. Constructive transactions3. Management by exception involving negative feedback and corrective criticism. 4. Active and passive leadership5. Corrective transactions • The Forbes.com list of the 100 most powerful women rates Ms. Nooyi at number 3 in 2009 (Forbes.com, 2010b) and at number 6 in 2010 (Forbes.com, 2010a). Her work at PepsiCo involves a strong commitment to diversity and inclusion goals for her company (PepsiCo, 2010). Ms. Nooyi’s and PepsiCo’s goals associated with the programs “Performance with Purpose” and “Promise of PepsiCo” have achieved success and are listed as ways to make significant progress towards sustainable growth (PepsiCo, 2010). These programs include goals of investing in a healthier future for people and the planet as significant ingredients in PepsiCo’s business plan (PepsiCo, 2010). • Recruitment and retention involve strategies represented by these PepsiCo (2010) programs. Training and mentoring provide significant employee retention strategies that motivate workers while assisting with PepsiCo’s success under IndraNooyi’s successful and continued leadership role (Cañas & Sondak, 2010). Proposed growth at PepsiCo can be achieved with incentives such as training as one form of reward that may reduce costs by reducing turnover (Robbins & Coulter, 2009).
Overall Success as a Leader • IndraNooyi’s Record of Success • Top of Fortune’s list of Most Powerful Women in Business, 2006-2011 • Revenues projected to $60 billion and saving $400 million in costs • Leadership Award for Advancing Diversity • IndraNooyi’s Keys for Successful Leadership • Performance with Purpose • Raised expectations for people, strong organizational culture • International growth, expanded global markets • Sustainability Strategies for Sustained Performance • Healthy Consumers • Social Responsibility • 5 C’s in Success • Competence, Courage & Confidence, Communication, Compass, Coaching
Nooyi, Defined as a Leader • Successful Leadership Qualities • Integrity, competence, consistency, loyalty • Charisma, knowledge, expertise, judgment • Motivational ability • Visioning ability • Transformational Leadership • Incorporates charismatic and visionary leadership • Adapts well to the needs of today’s work groups • Raising people toward collective goals, intrinsic reward and higher levels of morality • Kouzes and Posner Strategies for Practicing Exemplary Leadership • Challenge the Process • Inspire a Shared Vision • Encourage the Heart • Enable Others to Act • Model the Way
Conclusion IndraNooyi, CEO PepsiCo. • Leadership of diversity practices • Leadership values • Personality and decision-making • Leadership of organizational culture • Leadership of follower motivation • Overall success as a leader
References • Bass, B.M., and Riggio, R.E. (2006). Transformational leadership (2nd ed.). Mahwah, NJ: Lawrence Erlbaum • Berkun, S. (2010) The Myths of Innovation (1st ed.). Gravenstein Highway North, Sebastopol, CA: O’Reilly Media, Inc • Deitsch, R. (2008). Performance with a purpose. The Costco Connection, June 2008, p. 21-23, Retrieved from http://www.costcoconnection.com/connection/200806/?pg=23 • Diversity Award (2008). Retrieved from http://www.siliconindia.com/shownews/Indra_Nooyi_wins_leadership_award_for_advancing_diversity-nid- 48617.html • Epstein, M. J. (2008). Making Sustainability Work (1st ed.). San Francisco CA: Berrett-Koehler. • Forbes.com (2010b). World’s most powerful women (2010): Indra Nooyi. Retrieve from: http://www.forbes.com/lists/2009/11/power- women-09_Indra-Nooyi_1S5D.html • Fortune’s Powerful Women (2011). Retrieved from http://money.cnn.com/galleries/2010/fortune/1009/gallery.most_powerful_women.fortune/index.html
References Cont. • King, Dr Martin Luther JR. (1963, 1991). “Letter from Birmingham Jail”. Oneonta, NY: The HartwickHumanities in Management Institute. • Kouzes, J.M. and Posner, B.Z. (2002). The leadership challenge (3rd ed.) San Francisco, CA: John Wiley & Sons, Inc. • Northouse, P.G. (2010). Leadership: Theory and practice. (5th ed.). Thousand Oaks, CA: Sage Publications. • (Nooyi, I. K. (2009). Leading to the Future. Vital Speeches of the Day, 75(9), 404). • O’Rourke, J. S. (2010). Management communication a case-analysis approach (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. • Pierce, J. L. & Newstrom, J.W. (2011). Leaders and the leadership process. (6th ed.). New York, NY: McGraw Hill. • (Quaratiello, F. (2011, May 13). PepsiCo boss Indra Nooyi blasts crackdown on soda, snacks. Boston Herald (MA).
References Cont. • River, NJ: Pearson Education, Inc. • Robbins, S. & Judge T. (2011) Organizational Behavior (14th ed.). New York, NY, Pearson Prentice Hall