Indra Nooyi, Chairman and CEO, PepsiCo, received the 2012 John Wooden Global Leadership Award at a dinner on Monday, November 5 at the Beverly Wilshire.
At the dinner, Nooyi discussed the importance of investing in employees. She said the cost of losing a key manager or executive is much higher than taking a few extra steps to retain them. As a woman CEO raised with Indian cultures and customs, Nooyi said she seeks a more personal connection to her top staff - and it pays dividends. For instance, she has written letters to the parents of her direct reports thanking them for raising such a great child. "This creates a whole new level of engagement, and unleashes a level of commitment you never imagined," Nooyi said.
Nooyi "wished she could have played for" coach Wooden and said she grew up with the "spirit" of John Wooden around her in the form of her grandfather, who encouraged her to do great things, her parents, who said women have the same right to succeed as men, and many mentors.
Indra Nooyi leads the largest food and beverage business in North America and the second-largest in the world. Nooyi is growing and strengthening PepsiCo's iconic brands around the world--including Pepsi-Cola, Quaker Oats, Tropicana, Gatorade and Lay's -- while guiding the company's commitment to sustainable growth, called "Performance with Purpose." Nooyi embodies Coach John Wooden's ideal of principled leadership and has been recognized by Fortune, U.S. News & World Report and Forbes as a top business leader.
Proceeds from the event fund John Wooden Global Leadership Student Fellowships. This year's recipients are Aviva Altmann, MBA class of 2013, Karla Sarni, FEMBA class of 2013, and Juan Rose, EMBA class of 2013. Each of these students embodies the leadership qualities and values that Coach Wooden embraced and advocated.
Indra Nooyi is Chairman and Chief Executive Officer of PepsiCo. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola.
With more than $66 billion in annual net revenue, PepsiCo makes hundreds of enjoyable foods and beverages that are loved throughout the world. more >
John Robert Wooden was born in Martinsville, Indiana on October 14th, 1910. While attending high school in Martinsville he won All-State prep honors in basketball three times while leading them to the State title game his sophomore, junior, and senior seasons. In 1927, his high school team won the State title.
Next, he attended Purdue University and won varsity letters in both basketball and baseball. Wooden won All-America honors as a player for Purdue his sophomore, junior, and senior seasons. more >