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Synergy

Derived from the Greek words for “cooperation” and “working together,” synergy is the result of two or more people or companies working together to produce an effect that is greater than the sum of their individual efforts. In business, synergy is often a stated benefit of a merger or acquisition. Unfortunately, this effect is often elusive.

Explore Other SDG Vocabulary

SDG Indicators

SDG Indicators

To monitor the progress of the Sustainable Development Goals, a way of measuring progress is needed. An SDG Indicator is the element that is measured. Example: if the goal is to en...

Self-Regulating System

Self-Regulating System

A complex system that regulates its own performance so that it never gets too far off-balance and can bring itself back into homeostasis.

Service Ecology

Service Ecology

A system of interactions and actors that, together, create a sustainable and successful service or experience. Service Ecologies often include several companies or organizations th...