PepsiCo CEO Indra Nooyi Writes Letters To Her Employees' Parents

Reuters
Indra Nooyi
Since becoming CEO of one of the largest multinational food and beverage companies in the world, PepsiCo's Indra Nooyi has made bonding with key employees a top priority.Apparently, that also includes bonding with their parents.
In a candid interview with Fortune at the World Economic Forum in Davos this week, Nooyi revealed that when she first took over the company in 2006, she decided to write personal letters to each of her direct reports' parents thanking them for "the gift" of their children.
"It dawned on me that all of my executives who worked for me are also doing a damn good job, but I'd never told their parents what a great job their parents had done for them," Nooyi said. "I'd never done that."
Coming from a close-knit family herself, Nooyi has long emphasized the importance of family and strong bonds as factors in her own success. Over her tenure, she's worked to overcome obstacles such as intense scrutiny of new Pepsi products and the decline in soda consumption in the U.S. by focusing on strengthening the Pepsi team.
Nooyi believes new company leaders should work "to bond employees to the company" and focus on engaging them "with their hearts" as much as their minds in order to build loyalty and morale. And she's not the only one to focus on the parents of her staff. Several companies, including Google and LinkedIn, now host annual Take Your Parents To Work Days, when parents are welcomed to the office to learn about their kids' jobs.
However, Nooyi does admit that writing letters to your employees' parents is not for the faint of heart. The letters "opened up emotions of the kind I have never seen," she said. "Parents wrote back to me, and all of a sudden, parents of my direct reports, who are all quite grown-up, and myself, we had our own communication.
"And one executive," Nooyi continues, "went home and he said to his mom, 'You know, my boss is really giving me a tough time.' And his mom told him, 'Nuh-uh, not about her. She's my friend!'"
Want your business advice featured in Instant MBA? Submit your tips to edit.bi@timesinternet.in. Be sure to include your name, your job title, and a photo of yourself in your email.
Financial inclusion made easy for India’s small merchants with Paytm’s pioneering QR codes and Soundbox
With Rupay Credit Card on UPI, mobile payments pioneer Paytm deepens its leadership in UPI
A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
10 Must-Do activities on your next Darjeeling Trip
Govt received ₹1,70,501 crore in April as revenue
Shubman Gill, Sunil Narine, Virat Kohli & more: IPL man of the series winners since 2008
Five personal finance deadlines you can’t afford to miss in June
List of famous things to buy in Darjeeling