In early March of 2013 the newspapers reported another win for the Startup Nation: “Allscripts acquires dbMotion for $235M”
Read more on Globes>> https://en.globes.co.il/en/article-1000827340
Since the exit, the founding brothers Ziv Ofek and Yuval Ofek, as well as other local executives, have left the company, entrusting it in the capable hands of Site Leader -Gabi Joffe. Gabi, who has been with the company from the very beginning, agreed to tell me the story of what it looks like from the other side, after the exit.
"Cibus or Tenbis? This is an unheard-of benefit over there. Companies don’t pay for employee’s lunches on a daily basis. And the list goes on… Leisure activities, holiday gifts, fun days, many social benefits… an important part of my role is to protect our local organizational culture..."
For many, an exit is the end goal, but we rarely stop to think what happens next. What was your first thought after the acquisition?
“I was part of the acquisition process; but soon after, when the initial excitement settled, it was replaced with uncertainty – what’s going to happen next? How are things going to change?”
How did they change?
“Frankly, I still haven’t gotten used to the name “Allscripts”. But seriously, there are many challenges to deal with.”
“Entrepreneurship for example. We’re no longer a young start-up, free to do and develop whatever we want. We have a mature product, there are processes in place and major players involved. But we understand the importance of innovation and so we innovate where we can - work-procedures, improvements in parts of the product, new products, and we come up with creative solutions to encourage entrepreneurship. One method we implemented is - to ease the process of patent-filing. Allscripts has a legal department in charge of making patenting more accessible, we encourage our employees to peruse new technologies and features, and it works - to this day over 20 patent applications were filed”.
Among other things, you were responsible for organizational development and professional growth, as VP HR at dbMotion. What’s your take on the “post-acquisition” situation from an HR perspective?
“My main focus nowadays is to serve as an integrator, a translator and bridge between different cultures. Working within a large global organization has a variety of challenges - our cultures and ways of doing things can be entirely different. For instance, if you step into a US based office, you’ll most probably hear a lot of silence – there, work-time is for working; whereas here you’ll often hear people discussing their personal life and interacting as friends. I’ll give you another example, Cibus or Tenbis? This is an unheard-of benefit over there. Companies don’t pay for employee’s lunches on a daily basis. And the list goes on… Leisure activities, holiday gifts, fun days, many social benefits… an important part of my role is to protect our local organizational culture and help the large corporation understand that it isn’t a privilege, but an absolute necessity. Not to mention, during the unfortunate times of conflict in Israel, how we convey our “working as usual” attitude and ability to our US colleagues… don’t even get me started on that challenge”.
Gabi concludes our meeting with a tour of their new office space, in building #3 in the Advanced Technology Park, Beer-Sheva. I’m amazed at how she has thought of every single detail, there isn’t a single decorative feature that doesn’t have a meaning behind it, because for Gabi these details make the design, much like the individuals make the company.
If you’re an entrepreneur, your company is your baby – your purpose, identity, community and the main and most meaningful way you spend your time. Would you be willing to sell it all? Share your thoughts in the comments.