Pepsico

Origins
The recipe for Pepsi, the soft drink, was first developed in the 1890s by a New Bern, North Carolina pharmacist and industrialist, Caleb Bradham, who named it "Pepsi-Cola" in 1898. As the cola developed in popularity, he created the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. The Pepsi-Cola Company was first incorporated in the state of Delaware in 1919. The company went bankrupt in 1931 and on June 8 of that year the trademark and syrup recipe was bought by Charles Guth who owned a syrup manufacturing business in Baltimore, Maryland. Guth was also the president of Loft, Incorporated, a leading candy manufacturer and used the company's labs and chemists to reformulate the syrup. He further contracted to stock the soda in Loft's large chain of candy shops and restaurants, which were known for their soda fountains, used Loft resources to promote Pepsi, and moved the soda company to a location close by Loft's own facilities in New York City. In 1935 the shareholders of Loft sued Guth for his 91% stake of PepsiCo in the landmark Guth v. Loft Inc.. Loft won the suit and on May 29, 1941 formally absorbed Pepsi into Loft, which was then rebranded as PepsiCo. (Loft restaurants and candy stores were spun off at this time.) In the early 1960s the company product line expanded with the creation of Diet Pepsi and purchase of Mountain Dew. Separately, the Frito Company and H.W. Lay & Company two American potato and corn chip snack manufacturers began working together in 1945 with a licensing agreement allowing H.W. Lay to distribute Fritos in the Southeastern United States. The companies merged to become Frito-Lay, Inc. in 1961.

In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc., the company it is known as at present. At the time of its foundation, PepsiCo was incorporated in the state of Delaware and headquartered in Manhattan, New York. The company's headquarters were relocated to its still-current location of Purchase, New York in 1970, and in 1986 PepsiCo was reincorporated in the state of North Carolina.

INRDA NOOYI IS THE PRESENT CEO OF PEPSICO Early life and career
Indra Nooyi was born in Chennai, Tamil Nadu, India. She completed her schooling from Holy Angels AIHSS, Chennai. She received a Bachelor's degree in Physics, Chemistry and Mathematics from Madras Christian College in 1974 and a Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta in 1976. Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. She was admitted to Yale School of Management in 1978 and earned a Master's degree in Public and Private Management. While at Yale, she completed her summer internship with Booz Allen Hamilton. Graduating in 1980, Nooyi joined the Boston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri. Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.
Year Name Awarding organization Wake Forest University. University of Warwick.

2011 Honorary Doctor of Laws 2011 Honorary Doctor of Laws

2011 Honorary Doctorate of Law

Miami University.

2010 Honorary Doctorate of Humane Letters Pennsylvania State University. 2009 Honorary Degree 2009 Barnard Medal of Honor 2008 Honorary Degree 2007 Padma Bhushan 2004 Honorary Doctor of Laws Duke University. Barnard College. New York University. President of India. Babson College.

Leadership style of Indra Nooyi Ceo of Pepsico

I do not want to sound like a male chauvinist pig but the reality is that women are just not given enough space to move about in the corporate world, in fact not even elbow room. So, in this male dominated world, for a woman to find her own space and leave behind all men and to reach the very top requires a very high degree of tenacity. Which our Indra has in ample measures. And, an Indian to boot!
Participation

The posts she holds besides being the Chairperson and the CEO of Pepsico, a very American institution read like something out a story book. She holds a membership in the Foundation board of the World Economic forum. International Rescue Committee also her name in its roll. The Board of Trustees of Eisenhower fellowships is an organization where she is a member. What is noteworthy is that she is on the board of Lincoln Center for the Performing arts. That in deed shows her caliber in being not just a person steeped in corporate culture but as someone who is equally good at life's good things like arts.

Handling Power

Wall street journal and the Forbes magazine have both named her as one of the most powerful women in business

in the world. Time magazine went one step ahead and put her in the top place as number one influential woman in the world. Hard figures reveal that her leadership has caused Pepsico to achieve double the sales after she took over in 2000.

Strength of Conviction

Indra believes in competence. Unless you are an expert in your chosen field, you will get nowhere. You will be known only if you become an expert. In anything, take a decision weighing everything for and against it. Once you have decided, never waver from it. You should send out the message that you are courageous and confident enough to say what is believed to be right by you.

Outstanding Communication Skills

The way you communicate carries a lot of weight. In fact, your communication skills will be in the forefront of your leadership qualities. Indra is all for surrounding herself with mentors. She believes in listening to the mentors' advice and suggestions and incorporate the goods points in what she does. She is not the one to veer away even a little from her moral compass. You must have strength to hold to what you know to be morally right, no matter what.

Take Care of your Employees

It is not enough to plan development assignments and make arrangements to implement them. Strategic building of skills and talent is necessary. An enterprising mindset is called for in this. Succession has to be taken into account at every stage. The experience as necessitated by the particular post needs to be in place. The plan for succession has to include the process as to how it should be done. Once the experience and skill are identified, the people most suitable for the assignment are to be entrusted with the task.