Synergy

Pronunciation: SIN-er-jee
Origin: Derived from the Greek word synergos, meaning "working together."

Synergy is a cornerstone concept in business that emphasizes collaboration. It refers to the idea that when individuals, teams, or organizations work together, their combined efforts yield a result greater than the sum of their individual parts. This concept is often used to highlight the benefits of partnerships, mergers, or teamwork in achieving superior outcomes.

For example, in a joint venture, two companies may bring unique strengths—one with innovative technology and the other with a robust distribution network—creating a synergy that neither could achieve independently.

Example Usage:
“When discussing the merger, I emphasized to the client that the synergy between our logistics team and their supply chain expertise could significantly enhance operational efficiency.”