PepsiCo CEO: Millennials forced companies to consider purpose

PepsiCo CEO Indra Nooyi at the White House in February. Photo: Evan Vucci / AP

The entrance of millennials into the workforce has forced corporate leaders to "weave purpose into the core business [models]" of their companies, according to Indra Nooyi, PepsiCo's chairperson and CEO, at TIME and Fortune's CEO Initiative.