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How to Manage Conflicts of Interest 1) Identify Conflicts of Interest. The first step in managing an employee's conflict of interest is to identify it. ... 2) Understand the Implications. ... 3) Inform the Employee. ... 4) Separate The Employee From The Conflict. ... 5) If All Else Fails, Terminate.
Performing evaluative research for a company in which the investigator has a financial interest. Accepting a paid consultancy with a company having an interest in your research. Using students to perform services for a company in which you have a financial interest.
Managing conflict of interest requires a balance Prohibiting unacceptable forms of private interest. Raising awareness of the circumstances in which conflicts can arise. Building capacities to prevent conflict of interest through training. Ensuring effective procedures to resolve conflict-of-interest situations.
Examples of Conflicts of Interest At Work Hiring an unqualified relative to provide services your company needs. Starting a company that provides services similar to your full-time employer. Failing to disclose that you're related to a job candidate the company is considering hiring.
Performing evaluative research for a company in which the investigator has a financial interest. Accepting a paid consultancy with a company having an interest in your research. Using students to perform services for a company in which you have a financial interest.