In the Spotlight
Dr. Nir Sapir - Dept. of Evolutionary and Environmental Biology
Research summary – The animal flight group
"The unique way birds migrate over thousands of kilometers is a fascinating issue that we are exploring in the Animal Flight Laboratory, at the Department of Evolutionary and Environmental Biology. Our research involves basic and applied science and employs radars, radio and GPS transmitters, and environmental modelling to track migrating animals and investigate the environmental factors that affect their behavior, ecology and evolution at multiple spatial and temporal scales."
Prof. Michal Biron & Dr. Nir Brueller - Faculty of Management
Post-Merger Integration (PMI) Capability Development: A Systematic, Longitudinal Investigation of Decisions Made during Consecutive PMI Processes
"The last decades have witnessed a surge in the number and overall volume of mergers and acquisitions (M&A). Despite the appealing potential of M&A, a large body of literature shows that M&A suffer from a high failure rate. The post-merger integration (PMI) phase, which takes place after the due diligence, negotiation and closing phases, is said to bear the greatest risks for M&A success. Only a handful of empirical works exist in the area of PMI capabilities, and even less is known about the development of PMI capabilities over time. The study seeks to address this lsacuna by offering a temporal approach, studying within-organization changes in PMI capabilities, as manifested in decisions made by the acquiring firm. More specifically, we will (1) map and characterize the decisions made during the PMI phases of five consecutive acquisitions performed by a serial acquiring company; (2) analyze PMI decisions in relation to performance (in terms of decision outcomes); and (3) investigate whether and how the quality of decisions taken in focal acquisitions shapes decisions taken in later acquisitions, and how the degree of routine codification influences deviation of decisions from routine."