-
Trending Now:
More Trending:
- transgender beleaguer scaramouch non sequitur admiral's mast
- ALL
Definition of synergy
synergies
1 : synergism; broadly : combined action or operation
2 : a mutually advantageous conjunction or compatibility of distinct business participants or elements (such as resources or efforts)
Indulge Your Inner Word Nerd
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
-
The new head of FS1 will have to figure out how to make the synergy between Fox Sports’s remote or event production (the group that produces live sporting events) and FS1’s studio shows more palatable.
-
This is synergy, mutualism and adaptation awaiting rediscovery on the mainland.
-
But synergy was sacrificed in the name of the almighty dollar.
-
There's a new marriage, a new synergy, between data security and intelligence.
-
As an Aftermath card, Driven and Despair are played as separate spells—once from your hand, and then from your graveyard—but they can be chained together on the same turn to take advantage of their innate synergy.
-
Subsequently uncovered was the remarkable synergy between levocetirizine and montelukast to treat a myriad of disease states.
-
The synergy between him and Stephen Curry was a sight to behold, the Warriors point guard dynamic in his own right on a 28-point, 10-assist night.
-
Parks have become major growth initiatives for Disney and Universal, which are tying attractions to their movie and television properties in a display of corporate synergy.
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
New Latin synergia, from Greek synergos working together
Other Biology Terms
Financial Definition of SYNERGY
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
synergy
playDefinition of synergy for English Language Learners
-
: the increased effectiveness that results when two or more people or businesses work together
Medical Dictionary
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).
Writing? Check your grammar now!