Organizational Conflict of Interest Training

Conflicts of interest arise when an individual has a close relationship with another individual or an organization that may compromise her ability to complete a task. Organizational conflicts of interest typically involve government agencies and private companies.

Considerations

• Because a conflict of interest can describe a variety of issues, business owners and managers must create an employee manual that accurately defines this topic. Employees should review this manual at the start of their training process to understand organizational conflicts of interest and their importance.

Features

• Training employees on how to avoid conflicts of interest typically takes place in a classroom-style environment. Owners or managers will review examples of various conflicts and provide alternatives to avoid these issues. Companies may also have a series of punishments for individuals who fail to observe these practices.

Effects

• Organizational conflicts of interest can create a difficult working environment due to the close proximity of working with government agencies. For example, an agency that uses secretive "no bid" contracts may result in a private company undergoing lawsuits or investigations, which may in turn result in the company's liquidation and closure.