Tools for writing a COI policy
As I’ve commented on numerous occasions, good COI policies are an important (if not sufficient) means of supporting staff and creating an environment where COI are actively managed, not hidden or ignored. A good starting point is this tool — Writing a Conflict of Interest Policy — developed by Chris MacDonald, who’s an expert in business ethics (Businessethicsblog.com) with significant research and consultation experience developing codes of ethics and addressing COI situations (e.g., Conflict of Interest for Mayors (and Other Committee Chairs)). As Chris notes,
All kinds of organizations need a Conflict of Interest policy. Experience suggests that many people have only a vague idea of what Conflict of Interest is, or how to deal with it. And yet dealing properly with COI is crucial to maintaining organizational integrity and reputation. A well-written policy is a great place to start.