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
By the end of the week, all three shows were the talk of the town, greatly thanks to the synergies between locations and collections.
Batum and center Cody Zeller, who moved to the second unit when Howard arrived, had exceptional synergy in Batum’s first two seasons in Charlotte.
Jamie Foxx and Katie Holmes belong to a small subset of celebrity couples who choose not to capitalize on the brand synergy possibilities of their union, making their relationships the stuff of gossip legend.
For a twist of synergy, the grocer in question: Shaw’s Supermarkets.
Extolling the importance of synergy between the front office and coaching staff, Gores proudly introduced Stan Van Gundy as team president and head coach in May 2014.
That synergy was never replicated this season with Howard.
The Fort will also, in a bit of brand synergy that almost no one could have seen coming, feature the new book FADER FORT: Setting The Stage.
There is a synergy to the superstardom that is brewing, aided by the technological interconnectivity that has exploded since a trophy last came to town.
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.
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).