Nothing!
Yes. Nothing happens when star performers leave your team. I will tell you why. The team is now imbalanced but someone else would step up to fill the vacuum. Will the replacement be as good as the original, may be not or it might be. We cant say. But definitely the team will be effected by the change. Organization is too large to depend on an individual or a group. The boat gets shaken but does not sink.
Lets look at the star who leaves. He/she is a star performer and will continue to do so if the environment there is the same or better. Good for him. I have seen and read about cases where the individual was a performer only because of the team and environment. So next time you want to break free from your team think again. If you think you can survive go ahead. But let this not be the only reason. Many people opt for lesser paying jobs in search of peace and job satisfaction.
If you are not happy doing what you are doing then there can be two reasons: You or the place you are in. Address this first.
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