Conflict of Interest Policy
Equilibrium Epilepsy Group
Established 11/06/2023
Board of Directors
Managing concerns properly will include documentation and any action(s) will be voted on, including when to bring in an outside expert to assist with any legal issues. Our board of directors are responsible for understanding and upholding policies, as well as prioritizing the organizations best interest.
Identifying and assessing risk factors
This is crucial to informing our mitigation strategies. We operate in an industry of fundraising and community resources, we will need to show support for decisions and offer insight on our conclusion. When conducting business with local partners, including government officials, we work to ensure knowledge around our conduct and believe it crucial in determining which situations may potentially trigger conflicts of interest. Keeping track of how our risk assessment evolves and changes over time will allow our members to spot any potential conflicts and manage them as we go along. Being proactive is our path to navigation when it comes to conflicts of interest.
Solid training
We have outlined the best way to go about training is to couple our policy to the appropriate procedures. Guiding members with tools that allow them to identify a conflict when they see it. Granted, conflicts of interest are oftentimes not deliberate corrupt behavior, but unintentional bias, so as a first step, we must admit that, as humans, we are naturally inclined to be biased. Hence, identifying a list of red flags, members and staff alike should pay attention to help them in detecting potential conflicts and declaring them.