“A conflict of interest is more than a matter of policy compliance. The concept of putting the company first and avoiding conflicts between an employee’s personal interests and the interests of the organization often deals with the spirit rather than the letter of the law,” said Luis Ramos, chief executive officer of The Network. “The Conflicts of Interest course facilitates an understanding of this disparity and helps ensure proper application of policies.”
Ramos continued, “This is often a gray area for corporate compliance because what may appear at first to be a minor conflict can spiral into an enterprise-impacting issue. We’ve seen multiple examples of conflicts of interest affecting all sorts of organizations – pharmaceuticals, financial firms, and even government. The challenge is as wide as it is deep.”
The “Conflicts of Interest: Making the Right Choices” course follows ReadyTraining’s content-rich visual storytelling format and can be configured to align with an organization’s existing policies regarding gifts and entertainment, outside investments and employment. The course utilizes real-world interactive scenarios as well as inline assessments to help employees determine if a conflict exists. It also covers disclosure procedures as well as how to report and resolve these types of issues.
“Conflicts of interest is one of the topics most requested by clients, and we designed this course to help employees at every level understand not only what a conflict of interest is, but why they should take care to avoid one,” said Jay Thomas, creative director at The Network. “The course outlines questions employees can ask themselves when they’re not sure if a situation poses a conflict and explains why the ‘appearance’ of a conflict can be just as harmful as an actual conflict.”
ReadyTraining is a suite of cost-effective, ready-built courses that can be configured to reflect client-specific messaging, branding and policies. The courses are available in multiple languages and accessible via mobile devices, to support global enterprises. ReadyTraining is designed for quick deployment and provides critical metrics, administration and certification tools.
For more information on The Network’s ReadyTraining solution, visit www.tnwinc.com.
About The Network, Inc.
The Network, Inc. is a leading provider of governance, risk and compliance solutions that help organizations mitigate risk and promote organizational compliance. Through the integration of on-demand software and services, The Network helps clients identify, communicate, resolve and mitigate risk issues and incidents. Established more than 29 years ago, The Network serves thousands of organizations in every industry, including nearly 50 percent of the Fortune 500. For more information, visit www.tnwinc.com.


