Avoiding Conflicts of Interest

Understanding and avoiding conflicts of interest is everyone’s responsibility

Avoiding Conflicts of Interest Training

Conflicts of interest are fairly common in a work environment and can pop up in all sorts of situations involving friends, family members, vendors, customers and former co-workers and business associates. While having a conflict of interest doesn’t imply any wrongdoing, it’s important for employees and managers to understand what a conflict of interest is and know how to identify and disclose any potential or actual risks.

What is a conflict of interest?

A conflict of interest occurs when an employee or an organization has competing loyalties or interests that could affect work decisions. When individuals have to choose between doing what’s best for themselves versus doing what’s best for the organization, that’s a conflict of interest. Suggesting that the company hire a relative or good friend or accepting expensive tickets from a vendor to a major sporting event are some common examples. But sometimes situations are not so clear cut and even the appearance of a conflict of interest can affect an organization’s reputation and integrity.

As part of a comprehensive ethics and compliance program, avoiding conflicts of interest training is an effective tool to reinforce an organization’s code of conduct and help to maintain a strong ethical culture by raising awareness of red flags and motivating employees to speak up about any potential problems they experience or hear about.

Avoiding Conflicts of Interest Training

This 20-minute course introduces managers and employees to the essentials of avoiding conflicts of interest. Learners gain an understanding of the different types of conflicts of interest, the risks and consequences, and why it’s important to avoid even the appearance of a conflict of interest. A video host guides learners through interactive episodes that feature real-world situations, along with viewer tweets and drag and drop interactions that reinforce key concepts and boost knowledge retention.

This course covers these topics and more:

  • What is a conflict of interest?
  • The risks and consequences of conflicts of interest
  • Common types of conflicts of interest
  • How to identify conflicts of interest
  • Dealing with conflicts of interest
  • Situations and solutions

The Traliant Difference
Our modern, interactive approach to online compliance training is designed to help organizations create a safe, ethical and inclusive work culture. Traliant courses are mobile-optimized for access on any device and can be easily customized to reflect your organization’s policies, culture, branding, and leadership message.

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