Connect with us


Indra Nooyi became President and CEO of PepsiCo?



Spread the love

Indra Nooyi Living in a world where gender inequality has become a deeply rooted part of our society and exists almost everywhere, we are proud to talk about a woman who has overcome all obstacles, to occupy the highest position. company in the world born on October 28, 1955, Indra Nooyi – currently acts as President and CEO of PepsiCo.With a net worth of $ 144 million, Indra receives an annual salary of $ 18.6 million (2014) and is also consistently ranked among the 100 most powerful women in the world.

In 2014, Fortune named her the third most powerful woman in business, while currently; It ranks 15th in the list of the 100 most powerful women in the world by Forbes. He has also been conferred with “Padma Bhushan” (third highest civil award) by the President of India and was also appointed to the US CEO Forum. US-India led by the Obama Administration. Speaking of her personal life, she is married to Raj K. Nooyi, who is a management consultant and also has two daughters who are separated for almost a decade. Together, they live in Greenwich, Connecticut. His eldest daughter currently attends Yale School of Management.

How did you climb the stairs to get to PepsiCo?
Let’s start from the beginning! Indra was born in a conservative and middle-class family in Madras (now Chennai), and it was always known that he broke the rules. This was the time when Indian women were supposed to be the typically introverted housewives, Indra at the other end believed otherwise. She was a very ambitious girl and always believed in using her talents to the fullest. He had joined a cricket team for girls and even played the guitar in an exclusively female rock band, during his days at Madras Christian College. She and her sister were prepared by their mother, who always asked them “what they wanted to do when they grew up” and if she liked what she heard, then she would give them a prize. Motivated by the award, she would always think hard about the best answer. This determination and perseverance of her got him an entry in IIM Kolkata, from where he completed his PG Diploma in Administration in 1976.

After finishing his studies, he decided to start his career and joined “Tootal”, a British textile company. And after a brief period with them, he went on to work with “Johnson & Johnson” and the textile company “Mettur Beardsell” as Product Manager for approximately 2 years. While at Johnson & Johnson, he was asked to manage the Stayfree account. Now, this was a time when such things were considered taboo, and personal protection could not be announced in India. To make it even more difficult, the company had just introduced the line into the Indian market, so it hardly had an identity among its target customers.

Obviously, it was really a great challenge even for an experienced marketing executive, but Indra decided to take on the task and, believe it or not, he solved it successfully. Anyway, one day he was walking through a magazine when he came across an article about the Yale University School of Administration, and at the insistence of his friends, he decided to apply for admission. Now, however, he had postulated with the intention of not passing, but to his surprise; Not only did he get admission but they also offered him financial help. He also somehow managed to convince his parents in some way to approve his plans. Having said this; The next thing he did was move to the United States to obtain his Masters in Public and Private Administration, in 1978. He also managed to complete a summer internship with Booz Allen Hamilton.

After completing her Masters, and after many struggles and hard work, she saved some money to buy a western suit for her. As uncomfortable as it was, wearing the same thing went to a job interview. But she was rejected. Unmotivated, she approached her teacher at Yale for advice, who asked her to put on what she felt most comfortable with. Therefore, he used a sari for the next interview and, surprisingly, he got the job! He had joined the “Boston Consulting Group” to lead international corporate strategy projects. From textile and consumer goods companies to retailers and several other producers, I used to handle a wide range of customers.

According to her, this initial phase was quite difficult for her, one because she was a woman and had to work harder to prove herself, and two because she was not American. But, again, he didn’t let that affect her, instead, he used it to his advantage to grow. After giving more than six years of his professional life; Between 1986 and 1994, Indra worked with “Motorola” as vice president and director of strategy and corporate planning, and then with “Asea Brown Boveri” (ABB) as senior vice president of strategy and strategic marketing. During his period with ABB, Indra helped the company to find its address in North America. She was responsible for running the US business. UU., That is, $ 10 billion of the company’s global sales of $ 30 billion. With this success, she had become the rising star in management and, since then, corporate headhunters aggressively pursued her. All packaged product companies in the nation were trying to influence it, attract it or try to offer you the best possible package. It was then that he caught the attention of Jack Welch (former president and CEO of General Electric) and Wayne Calloway (former CEO, PepsiCo). They both made an offer, but PepsiCo’s offer attracted him more than GE’s.

How did you become the executive director of PepsiCo?
Indra chose the soft drink maker, and in 1994 he joined them as senior vice president of Strategic Planning. She managed that portfolio for almost 2 years, after which she also served as Senior Vice President of Strategy and Corporate Development at PepsiCo from 1996 to 2000. While at PepsiCo, Indra was widely known for being a leading negotiator in high-level agreements and over the period of time, he had also helped the company win some important portfolios. At that time, she believed that the company’s main products such as Frito-Lay salted soda and fried snacks faced a dramatic drop in sales. In addition, he could also see the change in taste, in which consumers were moving towards healthier lifestyles. With this in mind, it was she who achieved the company’s diversification into new products within the field of packaged foods. It was also the brain behind the formation of a separate brand in 1997 for its restaurants, in “Tricon”. The brand is now known as “yum!

This was followed by the agreement of two of the most important acquisitions of the company, until now. First, she was an integral part in the acquisition of the ‘Tropicana’ orange juice brand, for which she also helped put together the $ 3.3 billion deal for the purchase in 1998, after which she also helped the company to secure the purchase of ‘Quaker Oats’ for $ 14 billion. This agreement not only brought Gatorade to PepsiCo but also became one of the largest food businesses in the corporate history of the time.

Apart from that, this was also followed by the largest international acquisition in the history of PepsiCo: the acquisition of “Wimm-Bill-Dann” and the beverage manufacturer “SoBe”.Upon observing Indra’s impressive talents, she was promoted to the position of the financial director in 2000, which also made her the highest-ranking Indian woman in corporate America. But after not much time, in 2006; he (Steve) decided to take the retirement route due to health problems. Therefore, without much thought, in October 2006, Indra became the CEO of the company. However, she continued as president until April 2007, a position in which she was also appointed a president. The first task that came to her desk, as soon as she became the executive director, was actually a long-standing issue that needed immediate attention.

PepsiCo’s water use, since the beginning of 2000, had been in the spotlight in India. It was suspected that they used a lot of water in a country where water scarcity was a recurring problem. They were also blamed for diverting water to manufacture a discretionary product. Therefore, to understand the depth of the problem, PepsiCo had launched a nationwide program to achieve a “positive water balance” in India in 2009. And to solve the problem once and for all, Indra decided to make a trip to India in 2007. It was there to address water use practices in the country and also to show all critics and the government that PepsiCo was seriously Doing something about it.

In 2009, when the company’s 2009 corporate citizenship report was published (and according to media reports), the company had managed to replenish more than six billion liters of water within India. This figure also exceeded the total average intake of PepsiCo within India, which was five billion liters. Due to this successful program, PepsiCo extended this program to all the countries in which they operated and faced water problems, and in total, the company saved more than 12 billion liters of water worldwide.

As CEO, Indra has managed to redirect and reclassify the company and its products into three categories, that is, “fun for you,” “better for you,” and “good for you.”And if you look at the statistics, she has also succeeded with great success. In its combined global food and beverage portfolio, the company has also grown to 22 brands, some of which include businesses such as Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi-Cola. From the moment it started as a CFO, PepsiCo’s net profit has grown dramatically from $ 2.7 billion to $ 6.5 billion in 2014. And finally, today the company represents net revenues of $ 66 billion, becoming the second-largest food and beverage company in the world.

Serves as a member of the Board of the World Economic Forum Foundation, International Rescue Committee, Catalyst
He received an “Honorary Doctorate of Human Letters” from the State University of New York at Purchase (2015)
Appointed as CEO of 2009 ’by Global Supply Chain Leaders Group
Named as one of the best leaders in the United States by U.S. News & World Report (2008)
Chosen for the scholarship of the American Academy of Arts and Sciences (2008)
Elected president of the EE Business Council US-India (USIBC) (2008)

Spread the love
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Latest News

One Nation one Ration card, Free Food Schemes Falter, Marginal Beneficiaries Covered



One nation one ration card, free food schemes falter, marginal beneficiaries covered
Spread the love

One Nation one Ration card

A nation’s ration card plan and the distribution of free food grains, the two measures announced by the Center as a panacea for millions of migrants facing hunger and homelessness during the Covid-19 shutdown, appear to have failed. Data presented by government officials to a standing committee of Parliament suggests that there is a large gap between the planned coverage of the plans and the actual beneficiaries on the ground.

One Nation One Ration Card – Turtle-Paced Deployment

As of July 2020, only 2,000 interstate transactions were made through the ePoS mechanism. That means one nation’s ration card scheme benefited just 13,000 migrants. The total food grains distributed through the scheme was just 31,500 kg.
These details were provided by Food Department officials during a statement to the Parliamentary Labor Commission earlier this week.

Compared to the government’s claims that 24 states and 90 percent of the ration shops are already integrated into the scheme, 31,500 kg of food grains accessed is terrible.

There are a total of 5.35 lakh fair price stores in India catering to Rs 23 crore ration card holders in the country. In the last three months, the second wave of migration is taking place as migrant workers slowly return to their workplace. And a nation’s ration card scheme is ideally positioned to solve the problems they face.

Yet the Department of Food and Public Distribution in its July 2020 monthly report has practically admitted that one nation’s ration card scheme, one is struggling to make an impact.

Paragraph 3 of the department’s July report highlights that “under the PDS reforms, a total of 4.88 lakh (90.4 percent) Fair Price Stores (FPS) has been automated through the installation of electronic Point of Sale (ePoS) devices. ) “.

The monthly report adds that the national/interstate portability facility under a one-nation ration card plan was enabled in four other states / UT: Jammu and Kashmir, Manipur, Nagaland, and Uttarakhand, August 2020 distribution month.

While the department claims that with the integration of these four States, a total of 24 States / UTs are now seamlessly integrated into a single national portability group, the last line of paragraph 3 reads: “However, the number of transactions remains low due to Covid-19 related reasons. “

One Nation one Ration card

July 2020 Department of Food and Public Distribution Report

PDS store owners say the ePoS system does not work in remote areas due to connectivity issues.

The ePoS facility is key to a nation’s ration card scheme. This allows ration cardholders the freedom to extract food grains under the PDS scheme anywhere in India instead of being restricted to where the card is registered.

The one-nation ration card scheme, launched on June 1, 2020, plans to cover the entire country by March 31, 2021. However, the established mechanism has not provided access to the migrant workforce in most places.

Free food grains scheme: States fail to deliver

The free food grains scheme meant to be an instant remedy for migrants, who were left jobless and homeless due to the COVID crisis, did not reach them. Under the AtmaNirbhar Bharat (ANB) Program, the Center had allocated 8 lakh metric tons of food grains. The free grain was supposed to be distributed to approximately 8 million migrants across the country by the respective state governments and the Center was to pick up the bill.

Of the 8 metric lakh tons, nearly 80 percent or 6.39 metric lakh tons reached the states. But by August 5, a scant 2.46 lakh metric tons had been distributed among migrants who, faced with hunger, had started walking hundreds of kilometers to their places of origin. This equates to roughly 31 percent of the food grains received by the states and 39 percent of the grains allocated by the Center.

Of the total 8 million intended beneficiaries, only 2.5 million gained access to free food grains to survive. That means the states failed about 5.5 crores of migrants and this explains the desperation that forced the migrants to march back home.

The crisis faced by migrants can be understood by the fact that there are 81 million people covered by the National Food Security Plan and a large majority of them are poor, but only 8 million million were identified as specific beneficiaries. By comparison, experts believe that nearly 30 percent of Indians faced severe hardship during the running of the bulls in India.

Obstacle in implementing a nation’s ration card plan

The NDA’s ambitious government ration card program is poised to lose national coverage before the March 2021 deadline.

For the scheme to be operational, the beneficiaries of the public distribution system (PDS) must link their ration card with Aadhaar. In the meantime, the government should enable biometric verification at fair-price stores across the country. Once this is done, the ration cards will become portable and can be used by cardholders at any PDS store nationwide after biometric verification.

The biggest obstacle to the scheme is poor connectivity issues. While the government claims that most regions of the country now have a data link PDS store, the owners say their ePoS machines are down and they have to write down the details manually as without the internet they can’t do the verification biometric.

The second obstacle is the opposition of states like West Bengal, Tamil Nadu, Assam, Odisha and Chhattisgarh, and the complete lack of unanimity.

While TMC’s government in Bengal has announced free rations until May next year, Odisha wants a nation’s ration card to be hybrid in nature that covers areas where the PDS network is poor. Chhattisgarh does not want to integrate, as it already has a robust PDS system that provides food grains to the weaker sections.

Government officials claim that food grain distribution is also a political issue and that each state wants its own scheme rather than being integrated into a single central scheme.

Spread the love
Continue Reading

Latest News

Three Capitals For Ap



Spread the love

Three captials for APAP Governor Biswabhusan Harichandan Passed bill of Three Capital. Ap governor Cancelled CRDA 2014 administrative decentralization bills. Here Visakhapatnam as the administrative capital, Kurnool as the legal capital and Amravati as the legislative capital Announced. Now its Official AP Has Three Capital comes to Existence.On January 20, two bills were announced in the AP Assembly, while the Legislature introduced them to the Standing Committee. At this circumstance, the Assembly on June 16 passed the decentralization and CRDA withdrawal bills for the second time.

Spread the love
Continue Reading


7th Nizam’s eldest daughter-in-law dead



Spread the love

ఏడవ నిజాం కూతురు బేగం కన్నుమూత.

ఏడవ నిజాం మీర్ ఉస్మాన్ అలీఖాన్ సంతానంలో బ్రతికున్న ఏకైక వ్యక్తి, ఆయన కుమార్తె బషీరున్నిసా బేగం(93) కన్నుమూసింది.కొంతకాలంగా అనారోగ్యంతో బాధపడుతున్న పడుతుంది. ఆమె ఆరోగ్యం మరింత క్షిణించడంతో ఈ తెల్లవారు జామున తుదిశ్వాస విడిచింది. బషీరున్నిసా బేగం 1927 సంవత్సరంలో జన్మించారు. ఆమెకు అలీ పాషాగా పేరొందిన నావాబ్ కాసిం యార్ జంగ్‌తో పెళ్లి జరిగింది.

వీరికి ఒక కుమార్తె కూడా ఉంది. కుమార్తె పేరు రషీదున్నిసా బేగం. పురాణీ హవేలీలో నివసిస్తున్నారు. అలీ పాషా 1998 సంవత్సరంలో మరణించారు. బషీరున్నిసా బేగం మరణం పట్ల పలువురు ప్రముఖులు తీవ్ర సానుభూతిని వ్యక్తం చేశారు. ఆమె భౌతికకాయాన్ని సందర్శించి నివాళులు అర్పిస్తున్నారు. ప్రార్థనల అనంతరం అంత్యక్రియలను నిర్వహించనున్నారు. పాతబస్తీలోని దర్గా యాహియా పాషా స్మశానవాటికలో బషీరున్నిసా బేగం అంత్యక్రియలు జరుపనున్నారు.

Spread the love
Continue Reading