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Good afternoon, dear readers. Have you noticed how the benefits of working together to achieve the same goal increase? It turns out that there is a scientific term for this — synergy. Let’s take a look at the features of this phenomenon together and determine how you can apply it to increase the effectiveness of your own activities.
What it is?
Synergy is a beneficial interaction, the effect of which significantly exceeds the effect of each element separately. Translated from Greek, “synergy” means “interaction”, “cooperation”. In other words, synergy is the force that is created in the process of combining systems or individual parts. Productivity and the end result with synergy is significantly higher than that which would have been obtained by summing up the results of performing all processes separately.
If you look closely, examples of synergy can be seen everywhere:
- A piece of music in the performance of an orchestra sounds much more impressive than the play of each instrument participating in it separately.
- A herd of animals has more power than the total strength of each of its members.
- The performance of a team of athletes will be higher than the sum of the results of each of them.
- With two hands, a person can do much more than with each hand separately in the total time.
- The total effect of different drugs on the body provides a more effective treatment.
Synergy and Economics
Speaking of business, synergy refers to the economic and operational benefits that are achieved when the work of two or more companies is combined. The experience, knowledge, production resources, distribution channels of all participating firms are used in the process.
The cost of the overall project almost always exceeds the costs of its individual components, when considered in isolation.
When companies merge or take over, optimally efficient synergy is the main goal. After all, it is with its proper organization and use in work that profit will increase significantly.
As part of the study of financial processes around the world, scientists have identified mutually reinforcing relationships between individual procedures and systems. The economy was supposed to be considered as a special synergetic system. The effect and, accordingly, the effectiveness of the work of each component, when combined, increased several times.
A high-performing team is much more valuable than the contribution of each individual employee. It is functional cross-teams that create synergy between various business functions. The results will exceed all expectations if each player will give all his best and strictly perform his part of the work.
The law of synergy is applicable in all areas of business. The main thing is proper planning and setting real tasks for each participant in the process.
There are the following stages of synergetic work:
- setting a production or economic goal;
- determination of participants and individual systems of the future synergistic association;
- brainstorming — employees actively come up with methods for solving tasks, constantly complement each other’s theories and offer new options;
- definition of the concept of work;
- start the process;
- evaluation of effectiveness and analysis of results.
Synergy and personal finance
If you don’t have a business, you can also use the Law of Joining Forces. To do this, you just need to find friends, relatives, colleagues or just strangers with similar goals and combine efforts to achieve the best result.
I give several examples.
Joint rest. Going on vacation with friends, it is not necessary for everyone to drive their own car. You can use several cars so that everyone can accommodate. This will save you money on petrol. Dishes, cauldrons and bedspreads can also not be taken by everyone, but enough to be enough for the company.
Joint purchases. There are specific sites where this works. That is, for the seller it looks like a wholesale sale. But not for us buyers. We are simply united by demand and make a common order. At the same time, the cost of purchased products is significantly lower in comparison with prices in stores. Many people buy certain goods this way for 5-10 years. People are very happy that they save personal financial resources.
Example of own business
Many people dream of owning their own business. But it is worth noting that not all dreamers start, but only a few reach the end. But why? After researching this issue, people came to the conclusion that the whole point is that business is a versatile process. And to start your own small business on your own, you need to be gifted in almost every area that requires knowledge to open and run it. And this is impossible in principle.
If a person knows how to do something very well, he physically cannot do other things just as perfectly. What to do? Maybe just give up building your own business? Of course not! It is necessary to apply the law of synergy — and the goal will be achieved. Consider an example.
To start making money on the Internet, you need to create a website, fill it with high-quality and unique content, promote and monetize it. Let’s say there are several like-minded people, one of whom knows how to write websites, the other — unique texts, the third — understands promotion and monetization. Think about it, if each of them starts writing a site, and then moves on to the rest of the points, will the sites of the same quality turn out in the end? Of course not!
An ideal website will come out only from someone who knows how to make it better than anyone else. Consequently, they will visit this site more and more often. What is the point then for the rest to take on the implementation of this project if their sites are uncompetitive?!
Now consider the synergy option, in which responsibilities will be divided, and everyone will take on the work that he knows how to do best. Yes, in this case you will get one project for all. But it will be a high-quality, competitive and unique site that can be easily promoted and monetized. Therefore, everyone will benefit from such a result. And this benefit will be much greater than from the implementation of 3 projects separately.
Now you know about the law of synergy, you can apply it not only in organizing a business, but also in order to save personal funds that are relevant today. Know that this law is applicable in almost every area of human life and activity.
Conclusion
Also, I recommend reading an article about what the power of intention is and how to develop it.
Dear readers! Remember that if you use the law of synergy when building your own processes, you can achieve more significant results in an optimally short period of time. Plan your work efficiently!