New Delhi: Laxman Narasimhan’s story is one of grit, dedication, and strategic vision. Born in Vijayawada, India, he rose from humble beginnings to become the CEO of Starbucks, a global coffee giant. His journey was paved with diverse experiences, each honing his leadership skills and preparing him for the challenges ahead.
McKinsey Maestro:
Narasimhan’s professional voyage began at McKinsey & Company, where he spent 19 years. Starting as a consultant, he climbed the ladder to become director and location manager of their New Delhi office. During this period, he honed his analytical and problem-solving skills, advising clients across various industries, including retail, consumer goods, and healthcare.
PepsiCo Powerhouse:
In 2012, Narasimhan transitioned to PepsiCo, joining as the Chief Commercial Officer. He later led PepsiCo Latin America and served as the CFO of PepsiCo Americas Foods. His stint at PepsiCo allowed him to apply his strategic thinking to real-world business challenges, driving growth and innovation in a competitive market.
Reckitt Renaissance:
In 2019, Narasimhan took the helm at Reckitt Benckiser, a consumer health and hygiene company facing sluggish growth. He implemented a successful turnaround plan, streamlining operations, revitalizing core brands, and driving digital transformation. This experience cemented his reputation as a turnaround expert and leader capable of navigating complex corporate situations.
Starbuck’s Siren Song:
In 2022, Narasimhan joined Starbucks as CEO, initially serving as interim. He brought his diverse experience and proven track record to a company facing challenges like evolving consumer preferences and unionization efforts. Notably, he trained as a barista for six months, showcasing his commitment to understanding the brand’s core identity and employee experience.
Looking Ahead:
Narasimhan’s tenure at Starbucks is young, but his early moves indicate a focus on digital innovation, personalized customer experiences, and employee engagement. While the future remains unwritten, his journey so far paints a picture of a leader poised to steer Starbucks towards continued success.