Understanding Conflicts of Interest in Business

About the course

Conflicts of interest come in all shapes and sizes. Financial interests, family interests, second jobs, and personal interests can compete with the company’s priorities. Every employee will eventually face a conflict of interest ethical dilemma, and this course will prepare them to effectively navigate such situations. It equips participants to deal with various conflict-of-interest scenarios that employees may encounter on the job. The content is relevant to all levels of employees and managers.

What you will learn

• Understand types of conflicts of interest and be able to spot conflict of interest dilemmas.
• Know the ethical conflicts and general ethical guidelines that come from outside employment.
• Understand the boundaries between your regular employment and your second job.
• Know the bounds of appropriate and inappropriate selling in the workplace.
• Identify the potential conflicts of interest that can occur with family and friends.
• Know employee responsibilities regarding outside employment, investments, and competition.
• Understand the conflict of interest issues that result from investments and/or ownership in businesses.

Course outline

Part 1: Ethical Issues and Problems
Part 2: It’s All About Loyalty
Part 3: What You Need to Know
Part 4: Actions for Success