Examples of synergy in a Sentence
A synergy has developed among the different groups working on this project.
two companies that have found synergy
Recent Examples of synergy from the Web
From Burning Man to Panorama to EDC, fests have also become increasingly bougie, representing a sort of arms race to see which can incorporate the most brand synergy and pretentious glamping amenities.
Analysts have estimated that cost synergies in a CBS-Viacom combination could reach $500 million to $750 million or more.
That operational synergy is an improvement over the dynamic last season, when Nagy’s predecessor, John Fox, wasn’t entirely clued in on Pace’s obsession with quarterback Mitch Trubisky until just about when the commissioner called Trubisky’s name.
Still, their spirit and synergy at this late juncture should bode well for the future of third-year coach Mike Malone.
Stevens and Sikura have been linemates since their freshman year, but Coach Jim Madigan elevated Gaudette to the top line in late January because of their synergy on the power play.
Looking ahead, Front Country is focused on cultivating new material in the live context in hopes of better realizing that energy and synergy on their next studio effort.
Its synergy is both energetic, but mellow, minimalistic but ornate.
ABN Amro analyst Tom Kinmonth argued in a note to clients in March that national mergers are more likely to deliver quick cost savings and synergies than cross-border ones.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'synergy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Did You Know?
An old saying, "The whole is greater than the sum of its parts", expresses the basic meaning of synergy. The word is sometimes used in a purely physical sense, especially when talking about drugs; sometimes a "cocktail" of drugs may be more effective than the sum of the effectiveness of each of the separate drugs. But the word is best known in the world of business. The notion that, when the right two companies merge, they'll produce a profitable synergy seemed exciting in the 1990s, when synergy became a trendy buzzword (even though it's actually been around since the 17th century). The idea of synergy was one factor in what became a "merger mania;" unfortunately, business synergy often turned out to be harder to achieve than to imagine.
Origin and Etymology of synergy
First Known Use: 1632See Words from the same year
Financial Definition of SYNERGY
What It Is
Synergy is the benefit that results when two or more agents work together to achieve something either one couldn't have achieved on its own. It's the concept of the whole being greater than the sum of its parts.
How It Works
Synergy is often one of the goals of a merger or acquisition. The two firms combined may be able to achieve higher profitability than either firm could achieve on its own. Synergy can be reflected in increased revenues and/or lower expenses.
For example, a company may acquire a similar firm, allowing it to expand its product offering and, as a result, increase its sales and revenues. This could not have been accomplished had the two firms remained independant.
In management, synergies may be created between management teams, resulting in increased capacity and workflow that was not possible when the teams were working independently.
As for costs, synergies allow for the creation of economies of scale. For example, a merger can reduce multiple levels of management and duplication and spread fixed cost technologies over larger operations.
Why It Matters
Synergies may be elusive, but they are one of the most important objectives in business. To acquire synergy will result in more efficiency, more efficacy and higher profitability.
SYNERGY Defined for English Language Learners
Definition of synergy for English Language Learners
: the increased effectiveness that results when two or more people or businesses work together
Seen and Heard
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