In What Ways do Employee Business Resource Groups Positively Impact the Company's Business Results?
Lundgren, Andrew; Berkoff, Rachael
[Excerpt] Employee resource groups (ERGs) are being utilized by 90% of Fortune 500 companies in their quest to create diverse and inclusive environments that reflect a changing workforce and marketplace. ERGs began as inward-looking affinity groups designed as safe spaces for underrepresented groups of employees and a means to recruit and retain diverse employees. ERGs are now becoming more strategic parts of the organization where their goals are mapped directly to the business’ objectives (Figure 1 highlights the evolution of ERGs). As these groups mature, businesses are now looking for new ways to utilize ERGs power and their diverse workforce to drive positive business results. Figure 2 highlights where businesses believe ERGs can have the most business impact.
Human Resources; HR; EBRG; employee business resource groups; fortune 500; ERGs; workforce; affinity groups; diverse; business impact; recruitment; retention; mentorship; senior leadership; inclusion; governance
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