UST students, faculty, staff, and alumni, along with members of the local business community, gathered on October 22 to hear Reverend Oliver F. Williams, C.S.C., discuss the pursuit of “doing good” in business. Rev. Williams referenced his work with the United National Global Compact Foundation and provided examples of international corporations that have succeeded in facing the enormous challenges of doing well while doing good. He emphasized that the purpose of business is not to make money, but rather to create sustainable value. The lecture was followed by a reception, which provided the opportunity for the audience to network and discuss themes of the lecture.
Williams is a faculty member of the Mendoza College of Business and director for the Center for Ethics and Religious Values in Business at The University of Notre Dame. Williams is the editor or author of 15 books as well as numerous articles on business ethics in journals. He served as an associate provost of the University of Notre Dame and is a past chair of the Social Issues Division of the Academy of Management. In 2006, he was appointed a member of the three-person Board of Directors of the United Nations Global Compact Foundation. He has served as a visiting professor in the University of Cape Town in Africa and Kyung Hee University in Korea. He is an ordained priest in the Congregation of Holy Cross.
The 2015 Hesburgh Lecture was presented by the Veritas Institute at the University of St. Thomas Opus College of Business, in conjunction with the Notre Dame Club of Minnesota. The goal of this series is to provide stimulating and thought provoking dialogue in local communities.