Economic Development
FSG partners with corporations, foundations, non-profits, governments, and multi-actor initiatives to expand economic opportunity and vitality for communities around the world. Our goal is to help our clients and partners work together more intentionally, nimbly, collaboratively, and for the long haul, to disrupt the cycle of poverty for individuals and communities.
Microsoft worked with FSG to develop a strategy and operational plan for its global Community Technology Skills philanthropy program.
Expertise
Opportunity youth and workforce development
Develop initiatives and partnerships that invest in the education, training, and career success of vulnerable populations.
Asset building, financial empowerment, and community economic development.
Developing strategies to create greater economic opportunity and build wealth for both individuals and communities.
Cluster development and regional economic competitiveness
Developing pre-competitive partnerships between economic agents to improve industry performance and regional economic vitality.
Small business and supplier development
Building the capabilities of small businesses and local suppliers to improve the strength of economic regions.
Creating market opportunities to serve low-income consumers / bottom of the pyramid
Designing and validating new business models that work for low-income segments, and addressing barriers to scaling.
How We Work
- Customized consulting: Providing strategy, business planning, and implementation support.
- Strategic evaluation: Designing evaluation systems and conducting evaluations to support data-informed decisions.
- Cutting-edge research: Developing and disseminating fresh insights, knowledge briefs, and practical tools to improve the effectiveness of organizations investing in economic development.
- Advancing collective impact: Developing and supporting initiatives to align the efforts of local stakeholders toward economic development.
- Shared value strategy development: Designing and implementing business strategies that create business value for corporations while contributing to local economic development.
Case Studies
- WorkLab Innovations
Creating a Network to Support Entry-Level Workers
FSG worked with 4 workforce organizations to create a national network to expand opportunities for entry-level workers through the…
- The Coca-Cola Company
Workforce Development and Training for Brazilian Youth
FSG partnered with Coca-Cola Brazil to drive greater adoption of shared value within the company. FSG developed a company-wide…
- SAP
Providing Technology Education for Students
FSG reviewed SAP’s CSR portfolio and helped SAP develop a new signature initiative.
- ESL Federal Credit Union
Investing in the Community through Shared Value
FSG worked with ESL Federal Credit Union to develop an approach for significantly increasing consumer prosperity and business growth…
Work with Us
How can we partner with your organization to reimagine social change?
Learn About Talent Rewire
A learning community of employers working to hire and advance populations that face barriers to employment.
Resources
Financial Services and the Competitive Advantage of Racial Equity
How Advancing Racial Equity Can Create Business Value
Advancing Frontline Women
Realizing the Full Potential of the Retail Workforce
Investing in Entry-Level Talent
Retention Strategies that Work
Disrupting Poverty
Coming Together to Build Financial Security for Individuals and Communities
Partners for a Competitive Workforce
A Collective Impact Case Study
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