KnowledgeCity

Conflict of Interest Fundamentals

Learn how to recognize conflicts of interest and handle them effectively.
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Course: On-Demand
Essential  Provider KnowledgeCity  6 Lessons ·  11m  in English 

What You'll Learn

  • Define what constitutes a conflict of interest and recognize its many different forms
  • Identify conflicts of interest and the red flags that signal them
  • Assess when a conflict of interest is likely to put your organization at risk
  • Report and disclose conflicts of interest you observe in your own or others' work
  • Investigate conflicts of interest when an organization needs to look into a situation
  • Distinguish the role conflicts of interest play in the public versus the private sector

Key Takeaways

  • A conflict of interest arises when a situation appears to compromise someone's objectivity or professional judgement.
  • Conflicts of interest take many different forms, and some are more harmful to an organization than others.
  • Conflicts of interest can be hard to eliminate completely, and some, especially in government organizations, can cross over into corruption.
  • Conflicts of interest can have both personal and organizational effects.
  • Knowing the steps to take, including reporting, disclosing, and investigating, helps address a suspected conflict of interest.

Frequently Asked Questions

What does this module cover?

It covers the many different forms of conflicts of interest, how to identify them, when they are likely to put your organization at risk, and the steps to take if you believe there is a conflict of interest in your own or someone else's work. It also provides guidance for organizations that need to investigate a conflict of interest.

What is a conflict of interest?

A conflict of interest is when a situation appears to compromise someone's objectivity or professional judgement.

Does this module address conflicts of interest in government organizations?

Yes. It explains that some conflicts of interest, especially in government organizations, can cross over into corruption, and it covers the role conflicts of interest play in the public versus the private sector.

What skills does this course help develop?

It supports skills including applied ethics, conflict management, controlling interest, minority interest, organizational conflict, and security interest.

What topics are taught in the lessons?

The lessons cover defining conflicts of interest, identifying conflicts of interest, the impacts of conflicts of interest, reporting and disclosing conflicts of interest, investigating conflicts of interest, and conflicts of interest in the public sector.