The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 6 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Nooyi: PepsiCo tracked 400 high-potential employees as 'corporate assets' for succession
“I think there's about three or 400 that were corporate assets, and one watched them all the time, because these are people who in 15 years could be CEO.”
Nooyi: PepsiCo tied executive bonuses to internal stretch goals, not Street guidance
“We always had internally stretch goals, and we promised the street something more reasonable. That way, we never got paid if we didn't make the stretch goals, the bonus. We never paid out bonuses without the stretch goals.”
Nooyi: PepsiCo shielded operating staff from activist investor distractions
“When we had our second activist investor in the stock, it was a crisis for the company because nobody likes to have an activist in the stock. I did a town hall, and I told everybody, I said, look, I'll give you regular updates on the activist. You'll see it on…”
Nooyi: PepsiCo required certain managers to maintain 8 to 10 direct reports
“We see certain levels of people have to have at least eight reports or 10 reports.”