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

Best of Most Powerful Women Summit: Day One

October 3, 2012: 8:48 AM ET

IBM CEO Ginni Rometty

The Fortune Most Powerful Women Summit packed in famous names and exclusive interviews on Tuesday.

IBM (IBM) CEO Ginni Rometty, No. 1 on the 2012 Most Powerful Women list, did her first interview since taking the CEO job in January.

Kraft Foods CEO Irene Rosenfeld talked strategy on the day she split her business into two new companies.

Former Yahoo (YHOO) CEO Carol Bartz gave advice to new chief Marissa Mayer on reviving the business.

Stay tuned to Postcards and visit this MPW site for highlights, videos and stories from the Summit, which continues today. You can watch the main-stage sessions, starting at 8:45 a.m. PST and listed on the Summit agenda, by registering here. It's all free.

Meantime,  here are five of my favorite quotes from yesterday's MPW Summit sessions:

"Never love something so much you can't let go of it."
- IBM CEO Ginni Rometty on the reinvention that is essential for long-term success

"As a woman, I don't have to tell you that size is not everything."
- Irene Rosenfeld on splitting Kraft and now running Mondalez International (MDLZ), a $36 billion-a-year part of the $54 whole.

"Sooner rather than perfect"
- Xerox (XRX) CEO Ursula Burns' sign on her office wall. Here's a video clip of Leigh Gallagher's interview with Burns.

"Changing culture is not a sprint. It's a marathon."
- Carol Bartz's advice to Yahoo CEO Marissa Mayer. Here's a video clip of me interviewing Bartz.

"You have to be awesome with your flaws, the things that aren't exactly perfect."
- Coca-Cola (KO) SVP Wendy Clark on building a social media mega-brand, with authenticity.

More highlights! Lena Dunham, the star and creator of HBO's Girls, was charming and funny as she talked about next-gen power and her show's critics with CNN's Soledad O'Brien.

And my conversation with former Sara Lee CEO (HSH) Brenda Barnes and her daughter, Erin, touched and brought some tears to the MPW audience. Barnes had a major stroke in 2010, and Erin quit her job to help her mom recover. "The Rehabilitation of Brenda Barnes" is in the current issue of Fortune. Stay tuned here on Postcards for more on a video clip of our conversation at the Summit.

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

Pattie Sellers has written more than 20 Fortune cover stories including "Marissa Mayer: Ready to Rumble at Yahoo," "Muhtar Kent's New Coke," "Oprah's Next Act", "The $100 Billion Woman" (Melinda Gates), and "Gone with the Wind" (Ted Turner). She co-founded Fortune Most Powerful Women and oversees the Fortune MPW Summit, the preeminent gathering of women leaders in business and beyond—and programs such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Pattie also develops Live Content across Time Inc. Her blog, Postcards, is about how power players lead and navigate their careers. Pattie won Time Inc.'s prestigious MVP award for her performance in 2012.

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MPWomen go Global

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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