Real power is personal power—what you do beyond your official job description.
As I've come to know the leaders who make up Fortune's Most Powerful Women community, I've embraced this kind of power. It makes work more than a job.
CEOs like Ursula Burns of Xerox (XRX), Tory Burch, Ellen Kullman of DuPont (DD), Marissa Mayer of Yahoo (YHOO), and Pat Woertz of ADM (ADM) are those sorts of leaders who go beyond the call, stretching their power even as they drill into their day jobs.
These women—as well as top female executives at companies like American Express (AXP), Citigroup (C), Google (GOOG), IBM (IBM), Johnson & Johnson (JNJ), Juniper Networks (JNPR) and Wal-Mart (WMT), as well as Fortune's parent, Time Warner (TWX)—have participated in Fortune's Global Women Leaders Mentoring Partnership.
This program, launched in 2006 in partnership with the U.S. State Department, brings rising-star women from developing countries to the U.S. each May to shadow these and other attendees of Fortune's annual Most Powerful Women Summit. Over the past six years, 200 women from 49 countries have completed the program. To fuel their power globally, we created an award with Goldman Sachs (GS) to honor the most extraordinary of these alums who, after spending a month in the U.S., go home and pay it forward there.
And now, we're announcing the 2012 winners of the Goldman Sachs & Fortune Global Women Leaders Award. Among 25 very impressive applicants, we selected these three:
Catherine Nyambala, who shadowed Marissa Mayer at Google in 2010. An electrical engineer from Kenya, Catherine is now building various programs at home to educate and empower female scientists and engineers. Mayer, who left Google last month to take the CEO job at Yahoo, has visited Catherine in Africa twice and is spurring her on.
Precious Simba, who shadowed Xerox CMO Christa Carone and Y&R (WPPGY) Worldwide Managing Partner Shelley Diamond in 2011. In her native Zimbabwe, Precious has launched mentoring clubs to encourage girls to stay in school. With the help of Xerox and Y&R, she's also created a video series, Future Self, about empowerment.
Madhu Uday, an alum of Goldman Sachs' 10,000 Women Initiative, which provides business and management education to women around the world. In India, differential treatment and poor access to resources put girls at "a serious disadvantage," Madhu notes. So she is building a skills training and mentoring center for underprivileged young mothers. "Empowerment through employment" is her objective.
We'll honor these three women at the 2012 MPW Summit on October 2. They'll share a $50,000 prize and use the money to keep paying it forward in their home countries.
Congratulations to our three honorees. Thanks to our panel of judges: Solera Capital CEO Molly Ashby, Fulbright & Jaworski Partner Linda Addison, Vital Voices CEO Alyse Nelson, and Goldman Sachs Managing Director Dina Powell. And thanks also to the Most Powerful Women who pay it forward by leveraging their power around the world.
FORTUNE -- As we noted yesterday, Yahoo's new chief Marissa Mayer is the youngest CEO in the Fortune 500. Mayer's appointment means that the Fortune 500 now has 20 female CEOs, a new record. Here's the list:
10. Meg Whitman - Hewlett-Packard (HPQ)
19. Ginni Rometty - IBM (IBM)
28. Patricia Woertz - Archer Daniels Midland (ADM)
41. Indra Nooyi - PepsiCo (PEP)
45. Angela Braly - WellPoint (WLP)
50. Irene Rosenfeld - Kraft Foods (KFT)
72. MOREColleen Leahey, Reporter - Jul 18, 2012 9:30 AM ET
Playing a key role in the Xerox (XRX) corporate turnaround, serving on the American Express (AXP) board, doing big deals with Procter and Gamble (PG)—all these things give Ursula Burns unique perspective on the value of corporate reputation. The Xerox chief knows from personal experience how reputation can make or break a company.
Burns takes reputation very seriously. When I asked her to answer a few questions for Fortune's Most Admired MOREPatricia Sellers - Mar 6, 2012 9:25 AM ET
When Ursula Burns went to Washington and met with President Obama last Friday, at least two people in the room personified her notion of what leads to great success: "The biggest differentiator is not how you are born," says the Chairman and CEO of Xerox (XRX). "It's how you're influenced throughout your life."
Barack Obama had a remarkable single mother to influence him. As did Burns, who grew up on New MOREPatricia Sellers - Aug 16, 2011 10:55 AM ET
"How do you manage up?" asked a young woman from the audience at the Forté Foundation's MBA Women's Conference.
It was a bold question--and one that Kristin Peck, the fast-rising Pfizer (PFE) executive who was on the panel that I moderated, answered unabashedly.
Peck knows from experience. She is Pfizer's EVP in charge of Worldwide Business Development and Innovation, a perch that she reached only by surviving a slurry of management dysfunction MOREPatricia Sellers - Jul 28, 2011 5:00 AM ET
FORTUNE -- Last week's Fortune Most Powerful Women dinner in Manhattan convened established stars, like Martha Stewart and Barbara Walters, with rising stars, like Chelsea Clinton and Barbara Bush. Two daughters of political dynasties converging in the same orbit.
And then there were 26 rising-star women from across the developing world--each a participant in the Fortune-U.S. State Department Global Women Leaders Mentoring program. These young women were in the U.S. shadowing MOREPatricia Sellers - May 31, 2011 12:09 PM ET
The Xerox CEO shares advice from her own mentor.
FORTUNE -- For virtually every rising executive, it seems as though finding a mentor along the way is key. Xerox (XRX) CEO Ursula Burns didn't have to look very far to find hers early on. It was her mom.
"My mother was an amazing woman," she said Tuesday at Fortune's Most Powerful Women dinner in New York City, where some of the most MORENin-Hai Tseng, Writer - May 24, 2011 10:35 PM ET
"Leaders must role model what GREAT looks like."
In her comments at the "Fortune Most Powerful Women Evening With..." dinner in New York City Tuesday night McKinsey & Co. 's Joanna Barsh was talking about the importance of corporate women leaders helping middle managers. But her comments helped set the tone for the evening, which also recognized a group of international rising stars who have been mentored by some of the MOREStephanie N. Mehta, Deputy Managing Editor - May 24, 2011 10:09 PM ET
Save the Children released its 2011 State of the World report today, ranking the world's best and worst places to be a mother. At the top of the list: Norway, Australia and Iceland. Afghanistan ranks last, while the U.S. comes in at No. 31 among the 43 developed countries ranked. Former Xerox CEO Anne Mulcahy, who chairs Save the Children, wrote an essay for the report and offered to share it MOREPatricia Sellers - May 3, 2011 10:04 AM ET
Today is a big day for Most Powerful Women, as we at Fortune call women leaders. Today I had lunch at Google's (GOOG) New York offices with 33 rising-star women from around the world who are completing their month-long Fortune-U.S. State Department Mentoring program.
And tonight, these mentees--who have been shadowing top female execs at U.S.-based companies like American Express (AXP), Goldman Sachs (GS), Exxon Mobil (XOM) and Time Warner (TWX)--will MOREPatricia Sellers - May 20, 2010 3:54 PM ET
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