Paul PelletierProject management key note speaker, author, corporate lawyer, and executive| Paul Pelletier Consulting Vancouver, British Columbia, Canada
What tips do you have for practitioners to help them recognize they are faced with a conflict of interest situation? What flags should they be looking for? Saving Changes...
Great question Paul. One tip to help manage conflicts, is to ensure the project team has a firm understanding of what constitutes a conflict. One way to help do this, is to include a definition of conflicts of interest in the projects kick off meeting, along with the ground rules of team expectations. Saving Changes...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Great Question Paul & Great Answer Gary.
I totally agree with Gary. I used to work for an international company and we had a document and program called Ethics & Anti-Corruption Program. Everything was defined amd specifically Conflicts of Interest such as accepting gifts or hiring a relative or a relative taking part in bidding, and so on.
I totally agree with Gary. I used to work for an international company and we had a document and program called Ethics & Anti-Corruption Program. Everything was defined amd specifically Conflicts of Interest such as accepting gifts or hiring a relative or a relative taking part in bidding, and so on.
Thanks Rami Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
Reality is a matter of perception. It is a subjective matters. So, you have to work and put focus on perception. For each action you will ever receive a reaction. Saving Changes...
Resolve conflict effectively by treating everybody involved with respect. Saving Changes...
Paul PelletierProject management key note speaker, author, corporate lawyer, and executive| Paul Pelletier Consulting Vancouver, British Columbia, Canada
Thanks everyone for your replies. Our Ethics Code acknowledges that conflicts of interest are one of the most challenging issues in our profession. Perception is often critical - have the awareness to step back and ask -"what would someone looking in from the outside think?" Treat others with respect. Hold yourself accountable for reporting any conflicts. All of these are important. Saving Changes...
Agree Paul. I was primarily raised by my grandmother. She always said, "avoid even the appearance of wrong doing". If we apply this to our professional work and avoid even the appearance of conflicts, it should be a good guiding principle .. Saving Changes...
Michael ZiyadehContracts Negotiator Sr. | Sikorsky, a Lockheed Martin CompanyBranford, Ct, United States
Your agreements must identify objective criteria for POTENTIAL conflicts of interest (COI). Also, negotiate agreements such that BOTH you and the other party (parties) are responsible for flagging COI's and notifying the other party. Why should the burden lay solely on your shoulders when the other party may have as much visibility into the circumstances that can potentially lead to an OCI?
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1 reply by Gary Hamilton
Jan 25, 2017 12:58 PM
Gary Hamilton
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Agree. Love the thoughts here Michael. Including the raising of potential conflicts of interest in the RACI for the project, really illustrates the importance.
Your agreements must identify objective criteria for POTENTIAL conflicts of interest (COI). Also, negotiate agreements such that BOTH you and the other party (parties) are responsible for flagging COI's and notifying the other party. Why should the burden lay solely on your shoulders when the other party may have as much visibility into the circumstances that can potentially lead to an OCI?
Agree. Love the thoughts here Michael. Including the raising of potential conflicts of interest in the RACI for the project, really illustrates the importance. Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
I don't disagree that the identification of conflicts of interest can be subjective. On the other hand, we all have a "conscience" that starts nagging when faced with situations that may be disputable.
Like Paul's question, I find myself asking "how would it look like on the front page of the newspaper?" Saving Changes...
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