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The synergy circle, what is it, how to apply it to small business

portfolio60516071.jpgThe synergy circle is one way to run a business and create more business at near perfect levels. The synergy circle, what it is and how to apply it to small business is discussed further here.

Synergy by definition is the interaction of two or more agents or forces that when combined the effect is greater than the sum of their individual effects. In business a synergy circle is the cooperative interaction among groups that will create an enhanced combined effect. The idea of a synergy circle is that the value and performance of two companies combined will be greater than the sum of the separate individual parts. For example, if one company has a great product but lousy distribution while another company has a great distribution system but poor product they can create a synergy circle with a merger.

Synergy circles are an approach to develop the foundation and the maturity that is needed to build and sustain high performing teams. A synergy circle is a practical strategy used in businesses both small and large as a way toward a common goal and vision. A synergy circle is an integrated process where an individual's abilities are leveraged with team performance in order to build the business.

During the synergy circles progress individual and group ideas will merge and create a synergy. The process of creating a synergy circle will have employees drawing on the benefits of group dynamics to create an environment where innovation emerges. The better these groups or teams work together the easier it will be to create a synergy and thus the synergy circle continues.

How would you begin to apply the synergy circle business approach to your own small business? You would need to take a good look at your business and what it has to offer. Look for ways to improve your business and then proceed to create effective teams. You may also need to look at other businesses that are better at a certain area and team with them to help create your synergy circle. You can create a team with these other businesses to help create a synergy for both small businesses. Once you know some of the issues that you would like to your teams to begin work on, you can then begin to look for employees to fill those spots on the improvement teams.

Synergy circles need to have good teams in order to make the circle work. Start with good leadership and employees or team members that desire or want to be on the improvement teams. Good leaders not only lead your teams but will be able to inspire and help other in the team to create a synergy for your small business. People who volunteer their own services for these teams are more willing to work harder and create a synergy.

Synergy circles also work better when there is transformation. Your team should have the ability to transform the outdated practices and small thinking into bigger opportunities for your small business. Your business needs to make different choices then decisions that were made at an earlier time. This helps your company create a synergy circle. Your teams should be using ideas to promote your business higher than it has been before.

Another component of a synergy circle is to have peak performance in your teams. Don't expect perfection out of your newly created teams. Conflict is good for peak performance and this can lead your small business into a synergy circle that will benefit everyone in your company.
The synergy circle, what it is and how to apply it to your small business can be a study in how to create the best small business possible by creating teams and thinking differently than ever before

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