INSTANT MBA: "Start The Next Plan While The Ink Is Still Drying On The Old One"

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, November 3, 2011 Advertisement Today's advice comes from coverage of PepsiCo CEO Indra Nooyi's AdAsia speech in The Hindu Business Line: "We need to start the next plan while the ink is still drying on the old one. We have to think in a wholly different way. Responding to change is not the same as being fickle. We need to learn a wholly new skill — the skill of adaptability.” Nooyi is one of the most prominent female CEOs today. She's leading PepsiCo through a time when, she says, corporations are confronting more uncertainty and risk than ever. Volatility has become the norm, and companies need to use flexibility rather than security as their base for future plans. Making sure to have a diverse team is more important than ever, because it broadens a company's overall skill set and potential reach. And in a time when tough global economies force businesses to reinvent, streamline, and innovate to stay successful, that's vital. Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Please follow War Room on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the War Room RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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