Course Description
When personal interests compete with the interests of an organization, it is a conflict of interest. Everyone has these conflicts. When they influence decisions, they become a problem. They can have serious consequences for an individual and for an organization.
This course will show you how to identify your conflicts of interests and how you can minimize their impact on your organization. You will also learn techniques to avoid conflicts of interest in the future, including by reporting, disclosing, and investigating these conflicts. You will also learn questions to ask yourself to make sure that you do not have a conflict of interest, and recognize whether or not if gifts, outside employment, familial and personal relationships, and self-dealing could lead to you having a conflict of interest. Finally, you'll learn some techniques for realizing whether or not you have a conflict of interest, and how to create a preventative policy for your organization.
Learning Objectives
- Learn to identify conflicts of interest
- Discover where conflicts of interest may exist
- Learn how to report conflicts of interest
What You'll Learn
- Identify your own conflicts of interest and the questions to ask yourself to detect them
- Recognize where conflicts of interest may exist, including gifts, outside employment, family and personal relationships, and self-dealing
- Report and disclose conflicts of interest, and investigate them
- Apply techniques to avoid and minimize the impact of conflicts of interest in the future
- Create a preventative conflicts of interest policy for your organization
- Understand conflicts of interest in the public sector
Key Takeaways
- A conflict of interest occurs when personal interests compete with the interests of an organization.
- Everyone has conflicts of interest; they become a problem when they influence decisions.
- Conflicts of interest can have serious consequences for both an individual and an organization.
- Gifts, outside employment, familial and personal relationships, and self-dealing are situations that could lead to a conflict of interest.
- Reporting, disclosing, and investigating conflicts of interest are techniques for avoiding them in the future.
Frequently Asked Questions
What will I learn in the Conflicts of Interest Series?
You will learn to identify your conflicts of interest, minimize their impact on your organization, and avoid them in the future through reporting, disclosing, and investigating. The course also covers questions to ask yourself, recognizing whether gifts, outside employment, familial and personal relationships, and self-dealing could create a conflict, and how to create a preventative policy for your organization.
What topics does this course cover?
The course covers defining, identifying, and understanding the impacts of conflicts of interest; reporting, disclosing, and investigating them; conflicts of interest in the public sector; gifts; outside employment; family and personal relationships; self-dealing; ways to avoid conflicts of interest; and creating a conflicts of interest policy.
Does the course include knowledge checks?
Yes. The course includes multiple Test Your Knowledge lessons throughout the series.
What skills does this course help develop?
The course addresses skills including conflict management, controlling interest, minority interest, open interest, organizational conflict, and security interest.
Professional Certifications and Continuing Education Units (CEUs)
Professional Development Credits (PDCs): 0.5
KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).
