Avoiding Conflicts of Interest Training

Sometimes lines can get blurry. Stop conflicts of interest before they happen, and help your employees tackle unclear situations while upholding a culture with strong ethics.

Better everyday decisions

With the right tools, your employees will know the consequences of conflicts of interest and how to deal with them to protect your organization’s reputation.

The 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

Overview

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.

Online Training

Avoiding Conflicts of Interest

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.

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.

Learn more about our training methodology