Postcards

How the power players do it - by Fortune senior editor at large Patricia Sellers

Most Powerful Women: The network effect

October 25, 2011: 5:00 AM ET

What happens when influential women like Meg Whitman, Ellen Kullman - and a guy: Warren Buffett - get together? They share smart ideas and - forge unexpected new relationships.

FORTUNE -- Big topics -- the global economy, presidential politics, boardroom drama -- got plenty of airtime at Fortune's annual Most Powerful Women Summit in early October. Meg Whitman (No. 9), the new CEO of Hewlett-Packard (HPQ), outlined plans for calming the waters at the tech giant. Warren Buffett -- the lone male interviewee -- discussed the European crisis and the "Buffett Rule" to increase taxes paid by the rich. ("It's a boyhood dream," he quipped. "I wanted to have a tax named after me.") But the spirit of the summit -- women offering advice and making connections -- emerged in smaller, spontaneous moments: IBM (IBM) senior VP Ginni Rometty (No. 7) confided that "growth and comfort do not co-exist." Lululemon (LULU) CEO Christine Day and Google (GOOG) VP Marissa Mayer (No. 38) bonded while chatting about their companies' approaches to innovation. And when Gloria Steinem walked on stage for her first-ever appearance at a Fortune event, some 400 accomplished women greeted her with an appreciative standing ovation.

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Photographs by Robyn Twomey

This article is from the November 7, 2011 issue of Fortune.

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About This Author
Pattie Sellers
Patricia Sellers
Senior Editor at Large, Fortune
Executive Director of MPW/Live Content, Time Inc.

Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.

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The Fortune/U.S. State Department Global Women Leaders Mentoring Partnership brings rising-star women from countries around the world to the U.S. for three-week mentorships with participants of the annual Fortune Most Powerful Women Summit - among them Ursula Burns of Xerox, Laura Lang of Time Inc., Marissa Mayer of Yahoo, and Tory Burch.

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