Pepsico CEO Indira Nooyi has wisdom to share. Her 5 step success model is for all working women and men alike. Care to check?
To be a woman and succeed isn’t a rare thing these days. A lot of successful working women have made their mark already. One such success story is that of PepsiCo CEO Indira Nooyi. Born in India, Ms Nooyi began her career working at various companies before joining PepsiCo in 1994.
Since then, there was no looking back as this boss lady went on to take over several brands under PepsiCo and was named as the 3rd Most Powerful Woman in Business by Fortune in 2014.
Nooyi has been known for her strategic redirection of the company making it a huge success. That said, there’s a ton you can learn from this boss lady when it comes to leadership. A few years ago she presented her 5-Step Success Model that is so relevant even today.
Additional Reading: 8 Financial Mantras Of Successful Women
As a working woman or a man, if you can apply these five steps at your work place you too could go places. Indira Nooyi’s five-step guide is great for women who want to advance their careers and make positive progress.
Let’s take a look at the comprehensive leadership guide, shall we?
-
Competency
According to Nooyi, young professionals should possess a particular skill. They should be the go-to person or a subject matter expert in at least one area they choose to focus on. That according to her is a great way to stay ahead of the pack.
This means that you must be willing to learn new things about that subject each day. As per Nooyi her area of expertise lied in communication skills that consist of persuasion, storytelling, presenting and public speaking.
Likewise, as a woman you need to choose your competency early on so that you have enough time to build and work on it in order to succeed.
BB Tip: Speaking of success, did you know that investing in Mutual Funds early on can bring you monetary success? Be sure to check them out before you proceed.
-
Courage And Confidence
Nooyi says that in order to be competent in your role you should further possess and build up the courage to speak up. Many a time you may find yourself stuck at several spots only because you hesitate to speak your mind.
Sometimes, that will hold you back and you end up feeling like a loser. But, to stay successful you must always have the courage to advocate what you think. Be it negotiating your salary, asking for a raise, or simply presenting your idea in front of a large group or audience.
BB Tip: As you grow older and near your retirement you need to start saving enough to stay confident and not depend on anyone during your second innings. A good way to save is by getting a Fixed Deposit.
Additional Reading: Why Women Shouldn’t Shy Away From Negotiating Their Salary
-
Communication Skills
Having the right communication skills is key to having a successful career. Indira Nooyi once tweeted “You cannot over invest in communication skills – written and oral”. That is so true! As and when you progress in your career you will realize that everything is about how you present yourself in a crowd or present your ideas to the world.
It is said that perception is reality to a lot of people. If you cannot express yourself a certain way then you will be perceived differently than what you’d expect. That could pose as a major roadblock in your career and it may curb your growth as a professional.
BB Tip: To be able to express yourself is important and sometimes a Credit Card is just the right way to do so.
Additional Reading: 4 Working Women On How They Manage Their Money
-
Consistency
Climbing up the ladder isn’t as hard as staying on top. Indira Nooyi points out that a lack of consistency can damage a person’s professional reputation. She further adds that she has seen how some leaders say one thing in public and then act very differently with employees and their teams.
The result is a very demoralised team. Thus, consistency matters. People around you are always watching whether you walk the talk or not. Therefore, consistency in your words and actions make a huge difference.
BB Tip: Financial consistency is also very important. And your Credit Score is a testament to that. Check your Credit Score for FREE.
-
Compass
“Without character, none of the other four steps will matter”, says Nooyi. Integrity is everything, indeed. Character is what defines you, without that you are nothing. You’ll notice that as a working professional you will need to build trust amongst the people you work closely with.
To succeed, people around you need to trust you as a person, as a boss, as an employee or co-worker. Doing the right thing or having a clear idea of good vs. bad is important.
BB Tip: Well, you can certainly trust us to bring you some of the best Personal Loan offers around!
If you’re someone looking for inspiration you need to work at it, build a formula and stick by it. And if you’re looking for a financial product, explore our website to find and compare a bunch of products specially designed for you.