Synergy: meaning, definitions and examples

business collaboration

Synergy refers to the concept that the combined effect of a group of elements is greater than the sum of their individual effects. This term is heavily used in business and organizational settings to describe how teamwork and collaboration can create enhanced outcomes. When individuals or departments within a company work together effectively, the result can lead to improved efficiency, innovation, and success. Synergy is often pursued in mergers and acquisitions to create more value than each company could achieve alone.

collaboration, cooperation, harmony, unity

Examples of usage

• The synergy between marketing and sales teams led to increased revenue.

• When the two companies merged, they hoped to achieve significant synergy.

• The project's synergy allowed everyone to contribute their best ideas.