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Conflicts of interest at work

3.31.2010
“A man with one watch knows what time it is. A man with two watches is never quite sure” - Lee Segall

According to Alan L. Sklover, 2009; It is said that Conflicts of interest – actual or perceived – can cause great harm to your career, your finances, and your reputation. It is not a remote possibility that a conflict of interest may somehow come into your work life; in truth, it is an inevitability that, sooner or later, you will find yourself faced with a conflict of interest at work that could cause you great harm. Considerable care and attention needs to be given to avoiding conflicts of interest, and to addressing them should they nonetheless arise.

The one real key to avoiding the serious damage that a conflict of interest at work could cause you is developing and maintaining a healthy “sensitivity” to the potential problem. In this context, a healthy “sensitivity” means (a) understanding the concept of conflict of interest, (b) being able to spot a conflict of interest in your midst, and (c) knowing how to remove or diminish the dangers a conflict of interest represent.

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