Essay Title: 

Conflict of Interest Policy

April 3, 2016 | Author: | Posted in business, mathematics and economics

Conflict of Interest Policy

Nowadays the conflicts of interests involve not only companies and non-profit organizations , but universities and colleges as well Therefore , it is interest to discuss conflicts of interests and resolution strategies within University of Colorado . Firstly , it is necessary to note that the term conflict of interest ‘ refers to situations when personal considerations have adverse effect on professional judgments of employees . It means that conflict of interest may prevent and affect any fulfilling of duties and responsibilities in research , administration , management and instruction processes Apparently , conflicts of [banner_entry_middle]

interest negative affect the working process of Colorado University , because as they may worsen education of students hiring professional staff as well as procurement of materials and administrative tasks . It is admitted that all these issues have to free from influence of outside interests

It goes without saying that emerging of a conflict is a potentially dangerous event as it provides distortion of goals , processes and outcomes . Therefore , apparent conflicts of interests should be disclosed and evaluated in to find proper ways of resolution . Actually , at the University of Colorado potential conflicts of interests may involve the following : editorial responsibilities , honoraria for conference s and works , textbooks authorship , participation on review panels performance of specified duties , service on committees of organizations situated outside the University . Therefore , it is possible to draw conclusions that the University of Colorado is exposed to a diversity of conflicts . It means that it requires efficient conflict resolution strategies and programs

It is known that the University of Colorado encourages and provides support among faculties and employees as well as stimulates interactions with local and federal authorities , businesses and industries , etc Therefore , high levels of professional interactions involve potentially damaging conflicts of interests being able to affect University commitment . University resolution strategies aim at managing conflicts adequately without involving reputation or integrity of the educational setting . However , sometimes conflicts of interest are the result of a failure ‘ meaning that they are not managed in time

Administrative policy of Colorado University is designed to implement conflict of interest policy adopted by University Board of Regents . The goal of the policy is to identify , evaluate potential conflict of interest and then to address properly the solving of conflict . Actually the policy is applied to all employees , professional staff , research assistants and associates , consultants , etc . Therefore , employees should adhere to the policy statements and to follow general rules to avoid conflicting situations . Summing up University approaches to conflicts resolutions , it is necessary to say that techniques are efficiently applied . Firstly , administration provides procedures for revealing potential conflicts , then ensures rigorous review of the conflicting issues and , finally , applies resolution strategies . According to recent data , University of Colorado isn ‘t characterized by high number of conflicts of interests and it is the best evidence of successful resolutions

Works Cited

Dahlin , Michael (2006 , September 1 . University of Colorado : Conflicts of Interest and Commitment . Available at HYPERLINK “https /www .cu .edu /policies /Academic /coninterest .html https /www .cu .edu /policies /Academic… [banner_entry_footer]

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