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Indra Nooyi's mantras for success
September 12, 2008
As a child in India, my mother would ask a simple but compelling question: 'What would you do to change the world?' Today, my answer would be that I want to lead a company that is a force for good in the world.
The good news is that a company remains great when there is a strong competitor. If you have no competition, you will atrophy.
We say someone is good company when we enjoy being with them. A good company creates that kind of enjoyment. In the process, it creates a strong sense of identity. People come together in pursuit of the same goals. A team is formed.
Being a good business starts with being a good employer.
Good candidates can pick and choose more between companies who make similar offers to them. The deciding factor is the kind of company that they want to work for. They are comfortable in societies with many cultures, they want to work flexibly. They are both more demanding and more in demand. They want success, but not at any price. They want to do some good in the world.
Succession planning is critical. Our succession planning process is designed to identify the kinds of experiences our leaders need. Once identified, we put people in assignments that enable them to build those skill sets.
Image: Indra Nooyi with her daughter at the India Abroad Person of the Year award ceremony in March 2007 in New York City. | Photograph: Paresh Gandhi
Also read: Ratan Tata's words of inspiration
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