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How Workplace Networks Evolve During Mergers and Acquisitions

March 03, 2026 / 14:44

This episode discusses gender differences in workplace networks during mergers and acquisitions, featuring guest Tienanyang, an assistant professor at Wharton.

Tienanyang explains how men and women react differently to organizational changes. Men tend to expand their networks by forming new connections, while women focus on maintaining existing relationships.

The conversation highlights the importance of networks in the healthcare industry, particularly during turbulent times. Women's networks are shown to provide greater advantages by offering more support and resources.

Additionally, Tienanyang discusses how social structures and cultural norms shape these networking behaviors, emphasizing that women's networks can be beneficial in specific contexts.

The episode concludes with insights on the long-term implications of these findings for both individuals and organizations, stressing the value of maintaining strong networks.

TLDR

Gender differences in workplace networks impact support during mergers and acquisitions, with women benefiting from existing connections.

Episode

14:44
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We found that during re organizational restructury events for instance merger and acquisition men and women tend to
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react differently and we found that gender homophy is intensified. Men are making more friends new [music]
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friends with men. They they focus on network formation. They try to expand their networks by making more new
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connections [music] with with other men. And women tend to focus on their existing networks with other women. So
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their networks are more dense but stronger. >> Welcome to the Ripple Effect, the
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podcast that takes you on a journey through the minds of Wharton faculty. I'm your host Dan Looney and in each
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episode we'll be diving deep into the [music] inspiration behind the groundbreaking research that Wharton
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professors have conducted and exploring how their findings resonate with the world [music] today.
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The impact of one business combining with another can play a significant [music] role in how social networks in
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the workplace develop and at times [music] can potentially come apart. Research from our guest today and her
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colleagues look at that fact specifically. [music] Tienanyang is an assistant professor of
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management and of sociology here at the [music] Wharton School. Tian, great to talk to you again. How are you?
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>> Hi Dan. Great to see you here. very exciting talk about my work. >> Yes, absolutely. Uh I guess let's start
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with the concept of networks and what was it that drove you to want to look at how networks in the workplace get
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impacted especially when there's some sort of you know strong event like a merger or an acquisition that occurs.
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>> Yeah. You know the idea of networks how important it is like everyone can even
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feel that in their daily lives we all have all kinds of social relationships when people look for jobs they ask their
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friends their family members and in organizations these kind of networks are really important because networks
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actually serve as a conduit for information and resources and such networks are not only shaped by the
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formal structures. For example, the kind of jobs people have. Usually, if they are working in higher level, more
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powerful positions, they tend to be the center of larger networks. However, there are also like interpersonal
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relationships that shape these networks. So, it's a it's a very complex dynamic
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and different people tend to engage networks differently, which actually have consequences for a lot of important
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things. And so for this research specifically, you were looking in and around the medical community as to how
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some of these impacts occur. >> Yes. And you know, I kind of stumbled on the healthcare industry, but after I
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studied the industry, I realized networks are uh so important. For example, um people when people ask when
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people look for doctors and doctors sometimes need to refer refer them to other doctors. For instance, um
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generalist need to refer their doctor to specialist. And these kind of referral networks are not only shaped by
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insurance networks but also shaped by doctor's networks. And these networks are very important because they really
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affect how many patients doctors will have and also the kind of effective um effective care
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that will be delivered to patients. So they have consequences for both physicians and the patients.
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>> But you note that there is a difference between men's networks [clears throat]
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and women's networks especially when there is this kind of disruption. >> Yes. So the disruption you are referring
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to uh is uh merger and acquisition that we studied but I think there are other kinds of restructuring events in
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organization. So going back to the question about gender difference in networks and it's very interesting that
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when people think about gender and networks they they tend to think about network formation right for example you
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know some people have better networks larger expensive more useful networks because they're good at the networking
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meaning that they reach out to people more they build a larger networks they're good at making friends but
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network formation is only one kind of network dynamics. The other kind is network maintenance. So people do after
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they establish networks, make friends, build a new networks, they have to have ways to maintain networks. And if they
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are not good at maintaining networks, they may experience network decay, which is that networks will become weaker and
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eventually disappear. So when when people talk about gender differences in networks and also the gender gap in
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resources acquired from networks, they tend to attribute this to men's better
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ability to build a networks with other men. So it's gender homophy because men's networks tend to be uh larger,
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stronger and also because men tend to occupy higher positions in organizations, more powerful positions.
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So gender homophy allow men to build a better network. So that's the kind of
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combination of notion people have about gender homophy and social networks. So what we're saying is you know look at
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network for look at network maintenance like men and women may do differently too. So there we found something really
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interesting. We found that during re organizational restructury events for instance merger and acquisition men and
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women tend to react differently and we found that gender homophy is intensified.
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Men are making more friends new friends with men. They they focus on network formation. They try to expand their
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networks by making more new connections with with other men. And women tend to focus on their existing networks with
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other women. So their networks are more dense but stronger. And this has consequences for net resources they
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acquire from these networks during merger and acquisition because during these turbulent times each woman
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actually provided more resources referred more patients to each other. So women's networks actually provided a
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greater advantage to them during turbulent times. So that's the big finding we have from this research.
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>> Part of the story is obviously the importance of women's networks sticking
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together. >> Yes. >> Do do women's networks tend to be stronger than men's networks in general?
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>> So we don't find a general pattern that women tend to be better at maintaining
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networks. However, there are particular circumstances under which women are become better at maintaining networks.
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For instance, during COVID, there has research showing that women tend to maintain networks better without
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face-toface interaction. For some reason, men's network for them to maintain relationships, they have to do
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certain activities together. They have to see each other. So women are better at kind of recording information,
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maintaining networks without inperson uh face-to-face interaction. But what we found in this context, I think it's kind
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of also explained by the kind of social psychological mechanisms because women feel like they need to support each
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other during difficult times. That's why they are lean toward each other rather
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than looking for new connections. And so that brings up the component of trust when you're talking about when you're
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talking about continuing and strengthening these networks as well. Correct. >> Right.
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>> Yes. So there is some indogenity because when they if you think about existing
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networks and new networks, existing networks presumably are stronger, right? So these networks maybe during difficult
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times or turbulent times and there is a lot of uncertainty in who will be helping me. So people women tend to lean
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on the relationships they already had and there is also like a greater level of trust in those relationships and and
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if you think about people helping each other when there is reciprocity people support each other when it's mutual and
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it also reinforces the trust level of trust in the relationships. I found it interesting in in looking at the
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research that it seems like the belief is that women's networks tend to be more
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inward focused whereas men's networks tend to be more outward focused and in
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many cases the outward focus even goes beyond the walls of the company to other other networks and other firms as well.
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Correct. >> Yeah. So I think that that might be an outcome or general pattern people
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observe but I wouldn't attribute that like what social media and the conventional wisdom say to individual's
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personality. So it's not just because women are more introverted, men are more
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out extroverted. They are shaped by social structures and cultural norms, right? Like there are differential like
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gendered expectations for how men and women should uh should act in terms of building and for maintaining
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relationships. Think about that. Women are prescribed to be more communal. That means they need to take care of their
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friends, support each other. Whereas men are more agentic and more assertive. So
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they're going out to making new connections with other people. And there also impacts of structural the positions
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impact of their current jobs, right? If they're at a higher level positions,
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more powerful positions that will help them to make more new connections. So I think the general pattern you described
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is right but the kind of reasons the structural cultural reasons that shape those um patterns I think are beyond the
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individual personality. Let me finish up with kind of a two-parted question. A and first in doing this research, what
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do you think you have learned and maybe is going to be passed on to others about
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just the value of women's networks in the workplace and how they can have such
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a significant impact on the company that they're working for in general? Yeah, I I think that's a question that
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my co-author Marissa Kane from Warden and IFA who is um a postto at INSIA all of us have thought a lot about right we
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want to really think hard about the implication of our research for women men and women for individuals and for
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organizations so our research focus on the short-term changes following structure restructuring events so we
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don't know the long-term impact yet. I think when mer acquisition happen in organizations actually I think
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if you think of this beyond not not just hospital organizations in general so organizations want people to build a new
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connections right because then >> the the units the the different the existing organization new organizations
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can like can be integrated better. I think in that process what we observe is that because it creates some kind of
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uncertainty in relationships women are actually leaning back right so it's not
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necessarily helpful for the organization in long term however in short term like
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women are able to kind of sustain their relationships maintain the resources they acquired from networks so that
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would be one thing I would say it's a double-edged this word so it's not
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universally good Um the other thing is you know when when people think about gender differences in networks where
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impact of homophy tend to claim generally that networks are networks leading to disadvantages for women right
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so that's a general notion or convention of wisdom people have but I think I want
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people to think differently based on our research which is there are circumstances
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women can benefit from networks and even the networks they have with with other women. It's not like a women shouldn't
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be making friends with each other. They shouldn't like spend time maintaining
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building relationships. Actually, the networks can become an advantage for them during turbulent times. So the
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question is more about how do you build a more balanced relationship which can provide a lot of resources in stable
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environment and also the kind of network relationships that can like help you um
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weather through difficult or uncertain conditions. Well, and and I guess to a degree, part of that also is not only
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having that network expand and grow, and it might even be outside of the borders
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of the of the of the company that you work for >> to help that firm, but also to
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potentially help that person's longer term goals of where they want to take their career.
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>> Exactly. And here we have only looked at patients referral. So, it's a kind of
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career relevant outcome. But in real life there are so many other outcomes that can be shaped the networks like our
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well-being the activities we do in our private private life and our work outcomes the other like even more
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general career outcomes career mobility moving to other firms moving up in organizations. So I think there are um
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there are actions that individuals can take to that that to help themselves. Tanten, great to talk to you again.
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Great research. Thank you very much for sharing it. >> Yeah, [music] it's a pleasure to talk
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with you, Dad. Thank you so much. >> Thank you. All the best. Tanti Yang, who
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is an assistant professor [music] of management and of sociology here at the Wharton School. Thank you for listening
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[music] to the ripple effect. We hope you found this episode informative and engaging. Don't forget to subscribe and
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leave us a review so that we can continue to bring you [music] the best insight from the Wharton School.

Episode Highlights

  • The Ripple Effect Podcast Introduction
    Join Dan Looney as he explores groundbreaking research from Wharton faculty.
    “Welcome to the Ripple Effect, the podcast that takes you on a journey.”
    @ 00m 34s
    March 03, 2026
  • Impact of Women's Networks
    Women's networks provide significant advantages during turbulent times, especially in healthcare.
    “Women's networks actually provided a greater advantage during turbulent times.”
    @ 06m 39s
    March 03, 2026

Episode Quotes

  • Men are making more friends with men.
    How Workplace Networks Evolve During Mergers and Acquisitions
  • Women's networks actually provided a greater advantage during turbulent times.
    How Workplace Networks Evolve During Mergers and Acquisitions
  • Networks can become an advantage for women during turbulent times.
    How Workplace Networks Evolve During Mergers and Acquisitions

Key Moments

  • Network Formation00:14
  • Turbulent Times06:39
  • Research Insights13:00

Tension Over Time

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