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
In the short term, Trump's desire to move Mike Pompeo from the CIA to the State Department could actually provide more coherence and stability to US foreign policy after months of chaos, given his ideological synergy with the President.
The former director of Atalanta has claimed that Paul Pogba might have turned out for the Italian side in a synergy deal with Juventus back in 2012.
Lexus/Toyota's usual hybrid synergy drive and its two electric motor generators are at work in the LC 500h, but there's a new wrinkle: a four-speed automatic transmission is added to the continuously variable transmission.
Liberty has already bought a substantial position in iHeart debt and sees potential synergies between iHeart and SiriusXM radio, Chief Executive Officer Greg Maffei said Thursday on a call with investors.
Geely also owns Volvo Cars, a Mercedes-Benz rival based in Sweden, which has potential synergies with Daimler, said Wei.
The beginning of the season was difficult because of Nic (being injured, impeding synergy).
There’s a synergy between what’s going on in the video: finding one’s place in the world, tentative expression, the joy of discovery and what’s going on with our brand, progressively feeling more confident.
There’s so much synergy in the fact that the Eagles are using that underdog mantra to catapult themselves to the Super Bowl.
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
What made you want to look up synergy? Please tell us where you read or heard it (including the quote, if possible).