This pioneering book on Employee Resource Groups (ERGs) defines this vital space as it positions ERGs as drivers of their own economic engines, which contribute to the larger economic marketplace. The ERG Economy is defined as the flow (concentration and distribution) and management of resources within a community – in this case, ERGs and related stakeholders. ERGs generate, facilitate, and propagate economic resources that advance individuals, organizations, and communities around them.
Analogous to our global economy, the ERG Economy reflects how ERGs interact with their environment to produce results for their organizations. Like any trusted guide, the book features clear and concise visual tools that ERGs can apply immediately.
Further, the necessary conditions for innovation are diversity of thought and engaged people, and ERGs inherently are diverse and empower innovation. The book challenges ERGs to think of themselves as more than volunteers, but as investors and creators of both their own economy and the broader economy.