This article talks about the conflict of interest that may occur due to an employee having personal relations with an outside person or organization. This can be a source of threat for the company as the employee might act against their organization by favoring their close relatives. Even if, the employee does not favor, the possibility of it happening can have the same impact as an actual conflict. This is the reason why many companies have policies that prohibit managers from directly supervising their relatives. A conflict of interest policy should have two agendas. One it should educate employees that are not aware of the concept and set a standard for the ethical practice. Two it should provide an outline for managers and human resource professional to handle any situation that appears to be a conflict of interest. It is not easy to decide whether a conflict of interest does exist or not. Also whether, the employee has the tendency to take a step that is not in the interest of the company because of these relationships. A typical ethics policy does account for conflict of interest and gives guidelines to what is one as policies are shortcut to thinking. These policies also encourage reporting of any potential conflicts of colleagues, advocating a culture that serves the company's interest. Employers can train senior level employees to make them aware of the potential conflicts and how to deal with existing ones. Certain industries require employees to sign a conflict-of-interest agreement in order to prevent the possibility of the issue rising in the first place.
Von Drehle, D.(2010). 2000: A Nation Divided. Time International (South Pacific Edition), 12/6/2010, Vol. 176 Issue 23, pp.22-27. Retrieved from: http://ehis.ebscohost.com/eds/detail?sid=429d5eb3-ba5c-4fdf-90b3-b01e0a0d1128%40sessionmgr15&vid=2&hid=26&bdata=JnNpdGU9ZWRzLWxpdmU%3d
The article discusses the 2000 U.S presidential elections between President George W.Bush and vice president Al-Gore. Author describes the trends that were prevailing in the states regarding the voting and how it all went down to the results of one state. The final result had to be decided by the Supreme Court due to irregularities in the vote count in the state of Florida. There were conflicts of interest in the approval of the votes and administering of the state laws. Florida state laws were made to resolve regional disputes, and there was no provision of what do when there was a presidential decider. It also highlights the fact that the Florida Supreme Court instructed sixty seven counties to inspect their ballots under the District court judge. This was overruled by the U.S Supreme Court, and the ruling was in favor of Bush. The only way Gore could have won was the recount; Bush would have won even if the courts did not interfere. The elections were covered by a group of big media companies who influenced the results. The National Opinion Research centre had examined all the ballots that failed to count ...