If you're thinking about changing jobs, what's the best way to ensure you'll continue to turn in the same great performance for your new boss as you're doing for your current boss?
Be a woman.
Recent research by Harvard biz prof Boris Groysberg found that at least among star stock market analysts, when top performing men move companies, their performance tends to drop after the move, as does the new employer's market value. But when top performing women move, they do just fine and the new company thrives.
What do women do that's different? Two things (and I'm quoting straight from the Harvard Business Review brief):
- Unlike men, high-performing women build their success on portable, external relationships—with clients and other outside contacts; and
- Women considering job changes weigh more factors than men do, especially cultural fit, values, and managerial style.
Here's the catch. Groysberg found that women create these external relationships because they so often don't find the mentoring and support they need within the company. And they research their potential employer more because they know they can't count on the in-house support their male colleagues can.
Groysberg looked at star players on Wall Street - do these findings have any bearing for the job seekers we serve in workforce development? My guess is they probably do, and we should help prepare both women and men clients for many of the same issues:
- Women need to be prepared to succeed in the workplace and in the labor market by building a support network beyond the people they work with.
- Men need to be prepared to succeed in workplaces where they will be working with and for women.
- When thinking about changing jobs, both men and women need to do more research about the culture of the company, and whether it fits their personality.
Click here to read the full article, and here for a brief summary.
Image credit: American Business Women's Association, Richmond, VA
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