The Most Expensive Word in Business Is Not What You Think
This entry is part 1 of 8 in the series Synergy Is the most expensive word in businessSynergy may be the most expensive word in business because it sounds harmless. Nobody gets nervous when it appears on a slide. It sounds smart, clean, and responsible. It tells the board that the deal has a plan. It tells investors that value will be created. It tells executives that action is coming. Very tidy. Very shiny. Also, sometimes, very dangerous. In simple terms, synergy means the combined company should be worth more together than the two companies were apart. That is a good goal. The problem starts when synergy gets translated into one lazy word, synergy.