Here’s an interesting Harvard Business Review article by Boris Groysberg (I found it on the BNET website). In his article, Groysberg says when star performers switch companies, they often fail to be star performers at the new company – except if they’re women. Groysberg found in his study that women are more successful in transitioning from one company to another. Here are the top reasons why:

• Men typically form in-house bonds at their company, while women are better at building external relationships and networks with customers, mentors, colleagues, partners, vendors, etc. outside their own company. When they leave one company and go on to the next, they take these strong connections with them.
  

• Men typically consider compensation first when selecting a new position. Women are more likely to evaluate a variety of factors when considering a new job –especially cultural fit, values, and managerial style. Women often choose to work at companies that are receptive to female talent, open to a range of personal styles, and impartial in their performance measurement systems. Because women select new jobs based on a strong personal fit, they are more likely to find success in those jobs.

If this topic interests you like it does me, then this might interest you too (especially if you live in Ann Arbor / Southeast Michigan). We are forming a new women’s group called the Women’s Exchange of Washtenaw. Our focus is on helping women build and lead strong companies. The first WXW event will be held in early May. We’ll feature a panel of high-powered business women (a C-level corporate leader, a successful company founder, and a soon-to-be successful entrepreneur). Unlike many other local business groups, we’ll also have break out sessions where all participants will discuss struggles and solutions common to growing and leading companies. The event will end with the happiest of happy hours (my favorite). Topics and agendas for future WXW events will be determined based on the outcome of this first event.

Please let me know if you want to know more and/or get involved. More info will follow on this blog, on the Chamber website, and in the press soon.