The longtime PepsiCo CEO is one of the world’s most powerful women and Time’s 100 most influential people. In the first of two rich conversations, she explains why she wrote more than 400 letters about her direct reports… to their parents. Indra and Adam discuss what she’s learned about leadership, finding and being a mentor, championing ideas from below, and making big career decisions. They also explore some of the big questions around the future of work—from embracing flexibility to creating equitable arrangements for women to making family a real priority.