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Fortune
Fortune
Alex Scimecca, Amanda Gerut

The most powerful women on leading a future-proofed workforce, learning to fail, and Lizzo's next album

Michele Gass (Credit: Kristy Walker for Fortune)

It's about damn time, said Fortune Most Powerful Women Summit co-chair Maryam Banikarim as she introduced the singer Lizzo for a Q&A before a live audience.

The four-time Grammy Award–winning singer-songwriter is on a break, and she broke the news to the crew of high-powered women that she had voted for Kamala Harris in the presidential election.

“There’s so many important issues on the ballot this year. And I just want to encourage everyone—I know everyone in this room is going to vote—but please, anyone who’s going to see this video or hear this, please vote.”

013 FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 7:00 – 9:00 PM DINNER AND CONVERSATION Hosted by Instacart 8:00 – 8:20 PM FROM GRAMMYS TO GAP YEAR 4x Grammy Award and Emmy Award winning singer-songwriter, Entrepreneur and Philanthropist, Lizzo, will discuss her music career, the future of her popular shapewear brand, YITTY, and why she decided to take a gap year. Lizzo, 4x Grammy Award-winning Artist; CEO, YITTY Interviewer: Ellie Austin, Fortune Photograph by Stuart Isett/Fortune

The singer's lively interview with MPW co-chair Ellie Austin capped off an evening that began with a discussion between fellow co-chair Emma Hinchliffe and actress and wine purveyor Cameron Diaz. After taking time off to focus on her family, Diaz embarked on a new venture in the wine industry with friend and fellow aficionado Katherine Power.

“It felt like something I had to do to reclaim my own life,” said Diaz of the break. “It really comes to: What are you passionate about? For me, it was building my family."

012 FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 7:00 – 9:00 PM DINNER AND CONVERSATION Hosted by Instacart THE MULTI-HYPHENATES Actress-turned-entrepreneur Cameron Diaz and consumer brand builder Katherine Power (WhoWhatWear, Merit Beauty, Versed) discuss their career evolutions and the launch of Avaline, their transparently produced organic wine brand. Cameron Diaz, Actor; Author; Co-founder, Avaline Katherine Power, Founder and Chairperson, MERIT, Versed; Co-founder, Avaline Moderator: Emma Hinchliffe, Senior Writer, Fortune; Co-chair, Fortune MPW Summit Photograph by Stuart Isett/Fortune

The first day of the seminal event began bright and early with a beach trip in Laguna Niguel, Calif., where friends old and new bonded over a brisk walk and morning breeze.

001 FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 7:00 – 8:00 AM BEACH WALK WITH AMBASSADORS Join the MPW Ambassadors and other MPW members for a relaxing morning beach walk. Make a new connection, get inspired through nature, and start your day off right. Photograph by Stuart Isett/Fortune

One of the themes that emerged from the day is the idea of grit. For many women, their grit is a source of power, and for a lot of them, they learned it playing sports as children.

Deloitte chair Lara Abrash defined grit as that hard part on your elbow that gets built up. “You can’t teach someone grit. They’re not born with grit,” she said. “So these experiences, particularly for women who are often told they can’t do something, actually teaches them they can.”

003 FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 1:00 – 2:30 PM MPW CONCURRENT LUNCHES HOW INVESTING IN WOMEN’S SPORTS FOSTERS WOMEN LEADERS   Hosted by Deloitte   There is much to celebrate in the sports arena, as attention for women’s sports continues to grow. A recent Deloitte study suggests skills developed through playing competitive sports often set women up for successful careers. This finding stacks up to an incredible opportunity to help girls who play become women who lead. How can we invest in women’s sports to inspire the next generation of leaders?    Discussion Leaders: Ilona Aman, Chief Marketing Officer, Athleta Elizabeth Lindsey, President, Brands and Properties, Wasserman Sarah Robb O’Hagan, Chief Executive Officer, EXOS Moderator: Lara Abrash, Chair, Deloitte US Photograph by Kristy Walker/Fortune

Women also shared tales of how they got into the most powerful boardrooms in the world.

Former Black Entertainment Television CEO and now corporate board member Debra Lee recalled being asked to join a board years ago after a CEO saw her at an event and told her she was attractive. The company was a beauty brand, and Lee became the third woman on the board, which was made up of mostly older white men who would pass around the lipstick trying to determine the shade.

Lee now serves on the boards of Marriott, Procter & Gamble, and Warner Bros. Discovery. She founded Leading Women Defined and cofounded the Monarchs Collective

005 FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 1:00 – 2:30 PM MPW CONCURRENT LUNCHES THE NEW BOARDROOM Hosted by Heidrick & Struggles As companies navigate the economic and operational demands of the future, the boardroom’s collective experience will be put to the test. How are board members contributing to overall effectiveness amid fast-paced change? The call for more diversity in boards is as urgent as ever to help companies stay relevant and adaptable to what’s ahead. How are the boards of the future made? How might you prepare yourself for a spot? Discussion Leaders: Courtney della Cava, Senior Managing Director, Blackstone; Board Member, Mphasis, Renaissance, Rover Debra Lee, Founder, Leading Women Defined; Co-founder and Partner, The Monarchs Collective; Board Member, Marriott, Procter & Gamble, Warner Bros. Discovery Anna Marrs, Group President, Global Commercial Services, Credit and Fraud Risk, American Express, Director, DocuSign Sachi Vora, Partner and Co-head, Global Financial Officers Practice; CEO & Board of Directors Practice, Heidrick & Struggles Moderator: Ellie Austin, Deputy Editorial Director, Most Powerful Women, Fortune; Co-chair, Fortune MPW Summit Photograph by Stuart Isett/Fortune

An always popular topic among business leaders is the burgeoning challenge of adapting to work with Gen Z. The social-media-savvy demographic is tricky, and they care more about working for a company that has a mission they agree with than getting a packed paycheck.

FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 4:00 – 5:00 PM AFTERNOON SESSIONS SHAPING THE NEXT-GENERATION WORKFORCE Hosted by Workday As technology quickly evolves to elevate humans and supercharge work – how do we inspire, develop, and mentor the next generation of forward-thinkers? In this session, we’ll explore how the world’s biggest brands are building high-performing teams ready to take on the future of work. As technology quickly evolves to elevate humans and supercharge work – how do we inspire, develop, and mentor the next generation of forward-thinkers? In this session, we’ll explore how the world’s biggest brands are building high-performing teams ready to take on the future of work. Discussion Leaders: Nadine Augusta, Chief Diversity, Equity, and Inclusion Officer, Cushman & Wakefield Emma Chalwin, Chief Marketing Officer, Workday Amy Feirn, US Managing Principal for Transformation, Deloitte Seema Hingorani, Founder and Chair, Girls Who Invest; Managing Director, Morgan Stanley Moderator: Michal Lev-Ram, Editorial Director, Fortune; Co-chair, Fortune MPW Summit Photograph by Stuart Isett/Fortune

Similarly, business leaders want to understand how AI will shape the jobs of the future, without panicking employees into thinking they might lose their jobs if an AI-based system can do it more efficiently.

At private equity firm TPG, global head of human resources Anna Edwin poised one of the most burning questions for business leaders in thinking through their future talent strategies.

“Everybody is grappling with the same question: How do you create something that is sustainable and doesn’t freak people out that it’s going to replace their jobs?” said Edwin.

FORTUNE Most Powerful Women 2024 October 14th, 2024 Laguna Niguel, CA, USA 4:00 – 5:30 PM FORTUNE MPW FUTURE LEADERS Hosted by Heidrick & Struggles Fortune, with the support of Heidrick & Struggles, has partnered with the Foundation for Women Warriors to present Fortune MPW Future Leaders. The program is for a select group of high-potential women seeking career guidance from women from the MPW community as they transition from active-duty military service to civilian life. Opening remarks from Bonnie Gwin, Global Co-Managing Partner, CEO and Board Practice, Heidrick & Struggles Michelle Gass, President and CEO, Levi Strauss & Co. Interviewer: Ellie Austin, Fortune Photograph by Kristy Walker/Fortune

The momentum continues on Tuesday with Day 2 of the event at 7:30 a.m. PDT. The live stream will begin promptly at 8:30 a.m. with MPW's famous meet-and-greet. Stream the live event here.

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