While it's impossible to predict every potential conflict of interest employees may face, you can significantly increase the likelihood that they will act in the company's best interest by providing clear, detailed guidelines. By setting expectations and offering transparent frameworks, you can help employees navigate tricky situations with confidence. Consider implementing the following tools:
-
Mission. A well-crafted mission statement serves as a "true north" for all employees to follow. Make sure all employees understand it.
-
Values. What values should guide your employees' behaviour toward customers, suppliers, colleagues, communities, and shareholders? Being clear about this can help employees avoid putting the company's reputation at risk.
- Culture. A strong corporate culture clarifies what is not allowed. Emphasise the codes of conduct relating to conflicts of interest, confidential information, bribery, discrimination, and harassment.
The above leadership tip...
was sent in response to a question from a participant on our acclaimed 10/10 leadership development and mentoring programme. Whether you're a first time manager or an experienced leader, straightforward, practical advice on best practice is hard to find. Until now. To find out how you, your team or your organisation can benefit, please contact us.
Looking for a speaker for your next event?
William Montgomery, our Founder and CEO, is available as a keynote speaker and event host. His experience as a speaker encompasses a wide number of audiences on a diverse array of subjects. He is also a volunteer for Speakers for Schools and Inspiring the Future.