Srilata Zaheer | Elmer Andersen Chair, Global CSR; Dean Emerita, University of Minnesota, Carlson School of Management

Srilata Zaheer | Elmer Andersen Chair, Global CSR; Dean Emerita, University of Minnesota, Carlson School of Management

  • Srilata is the Chair of the Federal Reserve Bank of Minneapolis.
  • She is a board director of HB Fuller.

Podcast

Overview

In an era where businesses play a pivotal role in shaping societies, the concept of Corporate Social Responsibility (CSR) has emerged as a guiding compass for ethical and sustainable business practices. At its core, corporate responsibility entails a deliberate integration of ethical considerations into a company’s decision-making processes. Join us as we delve into the perspectives of Srilata Zaheer, who shares her wisdom on how businesses can navigate this path of ethical leadership.

[00:37] – About Srilata Zaheer

  • Srilata is the Chair of the Federal Reserve Bank of Minneapolis.
  • She is a board director of HB Fuller.
  • Srilata is also the Elmer Anderson Chair in Global CSR and the Dean Emerita of the University of Minnesota, Carlson School of Management.
  • She has been recognised, awarded and felicitated several times.

[02:58] – What does it mean for a corporation to be responsible?

  • For a corporation to be responsible, it should focus on doing the right thing for all its stakeholders. 
  • This includes considering the interests of employees, customers, shareholders, the community, and the environment.

[09:48] – What role does corporate governance play in ensuring responsible practices?

  • Corporate governance’s role is to promote transparency and accountability.
  • It involves making sure that decisions are made for the benefit of all stakeholders and that the management is held accountable for their actions.

[15:07] – What are some ethical considerations when it comes to giving?

  • Corporate philanthropy and charitable giving should align with a corporation’s objectives and values. 
  • It can involve supporting initiatives that benefit the community where the corporation operates and enhance the overall environment for its employees and customers.

RESOURCES:

Learn more about Srilata Zaheer: Wikipedia 

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Profile

  • Srilata is the Chair of the Federal Reserve Bank of Minneapolis.
  • She is a board director of HB Fuller.
  • Srilata is also the Elmer Anderson Chair in Global CSR and the Dean Emerita of the University of Minnesota, Carlson School of Management.
  • She has been recognised, awarded and felicitated several times.

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