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Utilising Synergy in Collaboration for Sustainable Business Strategy Management

Abstract

Teuoe Sounr

In an increasingly interconnected and globalized world, businesses face numerous challenges and opportunities in their pursuit of sustainability. Sustainable business strategy management involves not only addressing environmental and social concerns but also achieving long-term economic viability. To navigate these complex waters successfully, companies must harness the power of synergy in collaboration. This article explores the concept of synergy in the context of sustainable business strategy management, highlighting its importance, key elements, and practical strategies for implementation. Synergy in collaboration refers to the idea that the combined efforts and resources of different entities can generate outcomes that are greater than the sum of their individual contributions. In the context of sustainable business strategy management, synergy implies that working together with partners, stakeholders, and even competitors can create mutually beneficial results that advance sustainability objectives.

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