PepsiCo CEO: Diversity is a 'business imperative'

Many companies talk about the importance of diversity in the workplace, but PepsiCo goes one step further and calls it a “business imperative” - according to CNBC.

Indra Noovi – the CEO of the American multinational food, snack, and beverage corporation – specifically highlights how businesses should hire more women and people of ethnic minorities.

And it’s not just lip service. The company has performance objectives in place over the next ten years to make this a reality. As it stands, 27% of its senior executives are female, and 36% from an ethnic minority.

Noovi, an Indian female, says that hiring a diverse workforce should be any company’s priority, regardless of its leader’s gender: "Whether you are a male CEO or a female CEO, it is a business imperative. Because if you look at graduating seniors from colleges, more than 50% are women. More than 50%!