KnowledgeCity

Forms of Conflicts of Interest

Understand the many different types of conflicts of interest.
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Course: On-Demand
Essential  Provider KnowledgeCity  4 Lessons ·  7m  in English 

What You'll Learn

  • Recognize which gifts do and don't create conflicts of interest
  • Identify when a second job or outside employment may create a conflict of interest
  • Explain the meaning of nepotism in family and personal relationships
  • Understand how fiduciaries can harm a company through self-dealing
  • Assess situations involving conflicts of interest to determine when something is or is not a problem

Key Takeaways

  • There are many types of conflicts of interest, including gift giving, outside employment, family and personal relationships, and self-dealings.
  • Each of these types of situations can cloud a person's judgement, though some may be acceptable in certain circumstances.
  • Determining whether a conflict of interest is a problem requires navigating a certain amount of subtlety.
  • Both employees and managers benefit from understanding the impact certain actions and affiliations can have on a company.

Frequently Asked Questions

Who is this course for?

It is for employees and managers who want to better understand the impacts certain actions and affiliations can have on a company.

What types of conflicts of interest does this module cover?

It takes a deep dive into gift giving, outside employment, family and personal relationships, and self-dealings.

What skills does this course help develop?

It builds skills in applied ethics, conflict management, external relations, internal relations, organizational conflict, and social influences.

Does the course only cover situations that are problematic?

No. It explains how these situations might cloud a person's judgement, as well as situations in which they might be acceptable, since there is subtlety in determining when something is or is not a problem.

What lessons are included in this module?

The lessons are Gifts, Outside Employment, Family and Personal Relationships, and Self-Dealing.