A conflict of interest arises when an individual, who could influence a decision, has the potential to exploit their position.
This means that the outcome could benefit them personally, or help a friend, family member or another connection. That could be at the expense of the organisation's best interests.
A committee member would have a conflict of interest if they could benefit from a committee decision.
It's important that conflicts of interest are recognised, recorded and managed. This promotes integrity and transparency.
Here's our advice on what to do...