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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

From Marissa Mayer to Martha Stewart: Dinner with the Most Powerful Women

By
Patricia Sellers
Patricia Sellers
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By
Patricia Sellers
Patricia Sellers
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May 24, 2011, 5:14 PM ET
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Real power, I’ve often said, is what you can do beyond your job description.



Google VP Marissa Mayer

The 180 women convening tonight at the annual “Fortune Most Powerful Women Evening With…” dinner in New York City know this — or they will before the night is done. Among the leaders with us will be Xerox (XRX) CEO Ursula Burns (who I will be interviewing at tonight’s event), Wal-Mart (WMT) Chief People Officer Susan Chambers, and Google (GOOG) VP Marissa Mayer, all three of whom happen to be “mentors” in a global program that Fortune runs In partnership with the U.S. State Department.

Also at the event will be New York’s most influential women — including Diane Sawyer, Barbara Walters, and Martha Stewart — but the real stars of the evening will likely be the 26 mentees who came to the U.S. from around the world to take part in this Fortune-State Department Mentoring program. Over the past month, we’ve paired each of these rising-star businesswomen, from 16 developing countries, with U.S.-based execs who attend Fortune’s annual Most Powerful Women Summit.

These mentees have spent the past couple of weeks shadowing the top women at Fortune 500 companies such as American Express (AXP), Johnson & Johnson (JNJ), and Dupont (DD), as well as Google and Walmart. And yesterday when I met with these mentees, who have just finished their stints at the host companies, many told me that they’ve had “epiphanies” that will significantly alter their work back at home.

All for the good. This is power in the making.

The long-term goal, as the MPWomen mentors and we at Fortune view it, is to make a difference somewhere out in the world — yes, way outside anyone’s job description. As this year’s mentees — the sixth class since we launched the mentoring program in 2006 — prepare to return home, we’re urging them to “pay it forward.” Goldman Sachs (GS), which has hosted a mentee from Nigeria this year, partners with Fortune on an annual award for mentee alums who most productively deploy their power back in their home countries.

If all this sounds very female, that’s because it is. As I write this Postcard, I’m sitting in a room at Goldman Sachs, listening to well-known entrepreneur Gerry Laybourne (who created the Oxygen cable TV network) speak to the 26 mentees. Laybourne is telling the group that women — even powerful women — tend to be lousy at self-promotion. “We don’t know how to toot our own horns,” she says, adding, “If you don’t toot your own horn, toot another woman’s horn.”

In other words, spread the power. That’s what tonight is all about.

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