Corporate synergy signifies that the whole of an organization is worth more than the sum of each of its individual parts. Together, more can be accomplished than each working individually.
Perhaps one of the most common corporate buzzwords we hear today is synergy. The concept of corporate synergy is that as a whole, the amount an organization is worth is much more than the sum of all of the individual contributors.
For example:
If there is a company with five employees who are each worth one point – the sum of the company’s worth is five. However, when working together and synergized, ideas will be bounced off each other, spawning new ideas and perfecting existing ones. This process allows the company of five employees, each with a value of one point, to be worth 10 points when synergized. This does not mean that each employee is now worth two points, because the additional value only comes when the company is functioning as a whole. In the simplest terms, synergy can be summed up by the old saying, "Two heads are better than one".
{Microdata type="HowTo" id="9947"}Synergy means that when people or things work together, their combined effect is greater than the sum of what they could do alone. For example, a team can accomplish more together than each member could by themselves.
A sports team showing synergy is when players cooperate and support each other, leading to better results than if each played solo. Other examples include group projects at school or animals working together in nature.
Synergy is important in teamwork because it helps groups solve problems faster and come up with creative solutions. It allows each person's strengths to combine, making the team stronger than any one individual.
Teachers can create synergy in the classroom by encouraging students to collaborate, share ideas, listen to each other, and work toward common goals. Group activities and projects are great ways to build synergy.
Cooperation means working together, but synergy goes further—it's when the group's total output is greater than just adding up each person's effort. Synergy produces better results than cooperation alone.