Good morning broadsheet readers! An ecommerce CEO steps down to prioritize his wife's career. 40% of unemployed women have now been unemployed for six months or more, and female business leaders connect across borders and time zones. I wish you a nice Monday.
– 2020 style mentoring. In early March, before everything was all right, Fortune was preparing with the State Department and nonprofit Vital Voices to bring our annual group of female business leaders from around the world to the US for a three-week mentoring program.
These women – mid-career entrepreneurs and professionals – typically come to the US to shadow Fortune 500 executives and experience the American company firsthand. They apply these lessons to their own businesses when they return home. Of course, the group didn't travel to the US this year. Thanks to the creativity of our partners at Vital Voices and the Ministry of Foreign Affairs, these women have participated in our first virtual mentoring program over the past few weeks.
This year's mentees – the 15th cohort to attend – attended meetings and developed relationships across time zones without disrupting their usual duties at work and at home with creative results. Enas Abdelaziz, a nonprofit executive based in Egypt, told her mentors at Accenture that she was struggling to manage her Gen Z employees. In response, the consulting and technology firm appointed a six-person Gen Z Accenture panel to answer all of their questions. Abdelaziz's mentors, CMO and Chief Communications Officer Amy Fuller, and North American account manager Cathinka Wahlstrom also helped her with video chat when a valued employee left.
Courtesy of Vital Voices
Inas Hafez, an Egyptian digital marketing entrepreneur behind GetSircles, was mentored by Julia Paige, Uber's director of social impact. One of the benefits of working with a global company? Uber introduced Hafez to his employees in Cairo so that their connection to the company can go beyond the mentoring time on site.
Evelyn Namara, founder of the Ugandan fintech startup Vouch Digital, came out of her mentoring work at Faye Iosotaluno, Chief Strategy Officer of the Match Group, and advised her on all matters, from deciding between two integrators for payment solutions to determining the prices for your company's new subscription system – and tips for self-care.
Simran Sahni, co-founder of Keeros Supersnacks in Lucknow, India, views her time at Johnson & Johnson, Paulette Frank's global vice president for environment, health, safety and sustainability, as a “mini MBA”.
Of course, Zoom can only approximate the personal mentoring experience that much. But we were so glad to be able to enable these kinds of relationships across borders while so many other forms of connection remain unattainable.
Read more about the program here. And if you would like to find out more or mentoring in the future, please contact us!