CATEGORY

January 12, 2017

Managing Conflicts of Interest
News and Avoiding Scams

Conflicts of Interest and the Golden Age for Shenanigans

The first step to managing conflicts is the disclosure of conflicts. If decision-makers are not required to disclose their conflicts, then there is no way to ensure that their decisions are not tainted by self-interest. Even the most well-meaning individuals can have their decision-making clouded by competing interests. The only way to ensure conflicts are properly managed is to disclose those conflicts and recuse oneself from the decision-making process when conflicts arise.

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