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How Workplace Networks Evolve During Mergers and Acquisitions

March 03, 2026 / 14:44

This episode of The Ripple Effect features Tienanyang, an assistant professor of management and sociology at the Wharton School. The discussion centers on gender differences in workplace networks, particularly during organizational changes such as mergers and acquisitions.

Tienanyang explains that men and women react differently to these changes, with men focusing on expanding their networks while women maintain their existing connections. This dynamic leads to stronger, more resourceful networks for women during turbulent times.

The conversation highlights the importance of trust and support within women's networks, especially during crises. Tienanyang notes that women's networks can provide significant advantages, contrary to the common belief that they are less effective than men's networks.

Additionally, the episode touches on how social structures and cultural norms shape networking behaviors, emphasizing that these differences are not merely personality traits but influenced by societal expectations.

Listeners gain insights into the value of women's networks in the workplace and the implications for organizational success during restructuring events.

TL;DR

Tienanyang discusses gender differences in workplace networks during mergers, highlighting women's stronger, more supportive connections compared to men's.

Episode

14:44
00:00:00
We found that during re organizational
00:00:03
restructury events for instance merger
00:00:06
and acquisition men and women tend to
00:00:09
react differently and we found that
00:00:11
gender homophy is intensified.
00:00:14
Men are making more friends new [music]
00:00:15
friends with men. They they focus on
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network formation. They try to expand
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their networks by making more new
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connections [music] with with other men.
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And women tend to focus on their
00:00:28
existing networks with other women. So
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their networks are more dense but
00:00:33
stronger.
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>> Welcome to the Ripple Effect, the
00:00:36
podcast that takes you on a journey
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through the minds of Wharton faculty.
00:00:40
I'm your host Dan Looney and in each
00:00:42
episode we'll be diving deep into the
00:00:44
[music] inspiration behind the
00:00:46
groundbreaking research that Wharton
00:00:48
professors have conducted and exploring
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how their findings resonate with the
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world [music] today.
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The impact of one business combining
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with another can play a significant
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[music] role in how social networks in
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the workplace develop and at times
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[music] can potentially come apart.
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Research from our guest today and her
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colleagues look at that fact
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specifically. [music]
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Tienanyang is an assistant professor of
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management and of sociology here at the
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[music] Wharton School. Tian, great to
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talk to you again. How are you?
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>> Hi Dan. Great to see you here. very
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exciting talk about my work.
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>> Yes, absolutely. Uh I guess let's start
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with the concept of networks and what
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was it that drove you to want to look at
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how networks in the workplace get
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impacted especially when there's some
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sort of you know strong event like a
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merger or an acquisition that occurs.
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>> Yeah. You know the idea of networks how
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important it is like everyone can even
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feel that in their daily lives we all
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have all kinds of social relationships
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when people look for jobs they ask their
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friends their family members and in
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organizations these kind of networks are
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really important because networks
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actually serve as a conduit for
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information and resources and such
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networks are not only shaped by the
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formal structures. For example, the kind
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of jobs people have. Usually, if they
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are working in higher level, more
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powerful positions, they tend to be the
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center of larger networks. However,
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there are also like interpersonal
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relationships that shape these networks.
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So, it's a it's a very complex dynamic
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and different people tend to engage
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networks differently, which actually
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have consequences for a lot of important
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things. And so for this research
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specifically, you were looking in and
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around the medical community as to how
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some of these impacts occur.
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>> Yes. And you know, I kind of stumbled on
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the healthcare industry, but after I
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studied the industry, I realized
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networks are uh so important. For
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example, um people when people ask when
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people look for doctors and doctors
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sometimes need to refer refer them to
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other doctors. For instance, um
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generalist need to refer their doctor to
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specialist. And these kind of referral
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networks are not only shaped by
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insurance networks but also shaped by
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doctor's networks. And these networks
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are very important because they really
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affect how many patients doctors will
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have and also
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the kind of effective um effective care
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that will be delivered to patients. So
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they have consequences for both
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physicians and the patients.
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>> But you note that there is a difference
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between men's networks [clears throat]
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and women's networks especially when
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there is this kind of disruption.
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>> Yes. So the disruption you are referring
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to uh is uh merger and acquisition that
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we studied but I think there are other
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kinds of restructuring events in
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organization. So going back to the
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question about gender difference in
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networks and it's very interesting that
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when people think about gender and
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networks they they tend to think about
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network formation right for example you
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know some people have better networks
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larger expensive more useful networks
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because they're good at the networking
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meaning that they reach out to people
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more they build a larger networks
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they're good at making friends but
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network formation is only one kind of
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network dynamics. The other kind is
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network maintenance. So people do after
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they establish networks, make friends,
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build a new networks, they have to have
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ways to maintain networks. And if they
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are not good at maintaining networks,
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they may experience network decay, which
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is that networks will become weaker and
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eventually disappear. So when when
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people talk about gender differences in
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networks and also the gender gap in
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resources acquired from networks, they
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tend to attribute this to men's better
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ability to build a networks with other
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men. So it's gender homophy because
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men's networks tend to be uh larger,
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stronger and also because men tend to
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occupy higher positions in
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organizations, more powerful positions.
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So gender homophy allow men to build a
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better network. So that's the kind of
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combination of notion people have about
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gender homophy and social networks. So
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what we're saying is you know look at
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network for look at network maintenance
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like men and women may do differently
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too. So there we found something really
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interesting. We found that during re
00:05:46
organizational restructury events for
00:05:49
instance merger and acquisition men and
00:05:52
women tend to react differently and we
00:05:54
found that gender homophy is
00:05:56
intensified.
00:05:58
Men are making more friends new friends
00:06:00
with men. They they focus on network
00:06:03
formation. They try to expand their
00:06:05
networks by making more new connections
00:06:08
with with other men. And women tend to
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focus on their existing networks with
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other women. So their networks are more
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dense but stronger. And this has
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consequences for net resources they
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acquire from these networks during
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merger and acquisition because during
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these turbulent times each woman
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actually provided more resources
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referred more patients to each other. So
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women's networks actually provided a
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greater advantage to them during
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turbulent times. So that's the big
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finding we have from this research.
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>> Part of the story is obviously the
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importance of women's networks sticking
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together.
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>> Yes.
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>> Do do women's networks tend to be
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stronger than men's networks in general?
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>> So we don't find a general pattern that
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women tend to be better at maintaining
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networks. However, there are particular
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circumstances under which women are
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become better at maintaining networks.
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For instance, during COVID, there has
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research showing that women tend to
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maintain networks better without
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face-toface interaction. For some
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reason, men's network for them to
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maintain relationships, they have to do
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certain activities together. They have
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to see each other. So women are better
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at kind of recording information,
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maintaining networks without inperson uh
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face-to-face interaction. But what we
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found in this context, I think it's kind
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of also explained by the kind of social
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psychological mechanisms because women
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feel like they need to support each
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other during difficult times. That's why
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they are lean toward each other rather
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than looking for new connections. And so
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that brings up the component of trust
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when you're talking about when you're
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talking about continuing and
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strengthening these networks as well.
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Correct.
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>> Right.
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>> Yes. So there is some indogenity because
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when they if you think about existing
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networks and new networks, existing
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networks presumably are stronger, right?
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So these networks maybe during difficult
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times or turbulent times and there is a
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lot of uncertainty in who will be
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helping me. So people women tend to lean
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on the relationships they already had
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and there is also like a greater level
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of trust in those relationships and and
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if you think about people helping each
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other when there is reciprocity people
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support each other when it's mutual and
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it also reinforces the trust level of
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trust in the relationships. I found it
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interesting in in looking at the
00:08:48
research that it seems like the belief
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is that women's networks tend to be more
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inward focused whereas men's networks
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tend to be more outward focused and in
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many cases the outward focus even goes
00:09:02
beyond the walls of the company to other
00:09:05
other networks and other firms as well.
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Correct.
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>> Yeah. So I think that that might be an
00:09:11
outcome or general pattern people
00:09:13
observe but I wouldn't attribute that
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like what social media and the
00:09:18
conventional wisdom say to individual's
00:09:22
personality. So it's not just because
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women are more introverted, men are more
00:09:26
out extroverted. They are shaped by
00:09:30
social structures and cultural norms,
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right? Like there are differential like
00:09:36
gendered expectations for how men and
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women should uh should act in terms of
00:09:41
building and for maintaining
00:09:43
relationships. Think about that. Women
00:09:45
are prescribed to be more communal. That
00:09:47
means they need to take care of their
00:09:49
friends, support each other. Whereas men
00:09:51
are more agentic and more assertive. So
00:09:54
they're going out to making new
00:09:56
connections with other people. And there
00:09:58
also impacts of structural the positions
00:10:01
impact of their current jobs, right? If
00:10:04
they're at a higher level positions,
00:10:06
more powerful positions that will help
00:10:09
them to make more new connections. So I
00:10:12
think the general pattern you described
00:10:14
is right but the kind of reasons the
00:10:18
structural cultural reasons that shape
00:10:20
those um patterns I think are beyond the
00:10:23
individual personality. Let me finish up
00:10:26
with kind of a two-parted question. A
00:10:28
and first in doing this research, what
00:10:32
do you think you have learned and maybe
00:10:34
is going to be passed on to others about
00:10:38
just the value of women's networks in
00:10:41
the workplace and how they can have such
00:10:45
a significant impact on the company that
00:10:47
they're working for in general?
00:10:50
Yeah, I I think that's a question that
00:10:53
my co-author Marissa Kane from Warden
00:10:56
and IFA who is um a postto at INSIA all
00:11:00
of us have thought a lot about right we
00:11:03
want to really think hard about the
00:11:05
implication of our research for women
00:11:08
men and women for individuals and for
00:11:11
organizations so our research focus on
00:11:14
the short-term changes following
00:11:17
structure restructuring events so we
00:11:19
don't know the long-term impact yet. I
00:11:22
think when mer acquisition happen in
00:11:26
organizations actually I think
00:11:29
if you think of this beyond not not just
00:11:32
hospital organizations in general so
00:11:35
organizations want people to build a new
00:11:37
connections right because then
00:11:39
>> the the units the the different the
00:11:42
existing organization new organizations
00:11:44
can like can be integrated better. I
00:11:47
think in that process what we observe is
00:11:49
that because it creates some kind of
00:11:52
uncertainty in relationships women are
00:11:54
actually leaning back right so it's not
00:11:57
necessarily helpful for the organization
00:12:00
in long term however in short term like
00:12:03
women are able to kind of sustain their
00:12:06
relationships maintain the resources
00:12:07
they acquired from networks so that
00:12:10
would be one thing I would say it's a
00:12:12
double-edged this word so it's not
00:12:14
universally good Um the other thing is
00:12:18
you know when when people think about
00:12:20
gender differences in networks where
00:12:22
impact of homophy tend to claim
00:12:25
generally that networks are networks
00:12:29
leading to disadvantages for women right
00:12:31
so that's a general notion or convention
00:12:34
of wisdom people have but I think I want
00:12:36
people to think differently based on our
00:12:39
research which is there are
00:12:40
circumstances
00:12:42
women can benefit from networks and even
00:12:45
the networks they have with with other
00:12:47
women. It's not like a women shouldn't
00:12:50
be making friends with each other. They
00:12:51
shouldn't like spend time maintaining
00:12:54
building relationships. Actually, the
00:12:55
networks can become an advantage for
00:12:58
them during turbulent times. So the
00:13:00
question is more about how do you build
00:13:02
a more balanced relationship which can
00:13:05
provide a lot of resources in stable
00:13:08
environment and also the kind of network
00:13:11
relationships that can like help you um
00:13:15
weather through difficult or uncertain
00:13:18
conditions. Well, and and I guess to a
00:13:20
degree, part of that also is not only
00:13:23
having that network expand and grow, and
00:13:26
it might even be outside of the borders
00:13:28
of the of the of the company that you
00:13:30
work for
00:13:31
>> to help that firm, but also to
00:13:33
potentially help that person's longer
00:13:36
term goals of where they want to take
00:13:37
their career.
00:13:39
>> Exactly. And here we have only looked at
00:13:42
patients referral. So, it's a kind of
00:13:45
career relevant outcome. But in real
00:13:47
life there are so many other outcomes
00:13:50
that can be shaped the networks like our
00:13:52
well-being the activities we do in our
00:13:55
private private life and our work
00:13:57
outcomes the other like even more
00:14:00
general career outcomes career mobility
00:14:03
moving to other firms moving up in
00:14:05
organizations. So I think there are um
00:14:09
there are actions that individuals can
00:14:11
take to that that to help themselves.
00:14:14
Tanten, great to talk to you again.
00:14:16
Great research. Thank you very much for
00:14:18
sharing it.
00:14:19
>> Yeah, [music] it's a pleasure to talk
00:14:20
with you, Dad. Thank you so much.
00:14:22
>> Thank you. All the best. Tanti Yang, who
00:14:24
is an assistant professor [music] of
00:14:26
management and of sociology here at the
00:14:28
Wharton School. Thank you for listening
00:14:31
[music] to the ripple effect. We hope
00:14:32
you found this episode informative and
00:14:34
engaging. Don't forget to subscribe and
00:14:36
leave us a review so that we can
00:14:38
continue to bring you [music] the best
00:14:40
insight from the Wharton School.

Episode Highlights

  • The Ripple Effect Podcast
    Explore the minds of Wharton faculty and their groundbreaking research.
    @ 00m 34s
    March 03, 2026
  • Gender Differences in Networking
    Research shows men and women react differently during mergers and acquisitions, impacting their networks.
    “Gender homophy is intensified during restructuring events.”
    @ 05m 56s
    March 03, 2026
  • The Importance of Women's Networks
    Women's networks provide greater 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; women focus on existing networks.
    How Workplace Networks Evolve During Mergers and Acquisitions
  • Networks are shaped by social structures and cultural norms.
    How Workplace Networks Evolve During Mergers and Acquisitions
  • Women's networks can become an advantage during turbulent times.
    How Workplace Networks Evolve During Mergers and Acquisitions

Key Moments

  • Network Dynamics02:11
  • Gender Homophy05:13
  • Turbulent Times06:41
  • Research Insights12:39

Words per Minute Over Time

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