February 7th, 2008
Keeping on the same theme as yesterday….I came across this information on Gautam Ghosh’s blog (and he came across it on Bob Sutton’s), it is some highlights from research conducted by Boris Groysberg that was published in Harvard Business Review:
A star performer in one company will shine in another, right? Wrong. When stars switch firms, their performance actually dims, along with their new company’s market value, author Boris Groysberg argues. Everyone loses.
Except when the stars are women. According to Groysberg, talented women who switch firms maintain their stardom, and their new employer’s share price holds steady. Groysberg provides two explanations for this discrepancy:
• Unlike men, high-performing women build their success on portable, external relationships—with clients and other outside contacts.• Women considering job changes weigh more factors then men do, especially cultural fit, values, and managerial style.These strategies enable women to transition more successfully to new companies. And that has crucial implications for all professionals. By understanding successful women’s career strategies, women and men can strengthen their ability to shine in any setting.