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Conflicts Of Interest

09 August 2021 or 26 August 2021

Overview:

Join Terrance M. Booysen in this 2-hour Conflicts of Interest governance training session where delegates are provided insights that assist them understand the necessities of not just doing the right thing when it comes to declaring one’s personal interests that may be perceived, or actually be in conflict with those of the organisation for which they serve, but more importantly, how to deal with it!

No matter what your position is in your organisation, the chances are very good that you will be faced with some form of conflict which may present a legal, ethical and/or moral dilemma.

Either way, irrespective of what your position is within the organisation, when a conflict of interest arises -- and especially where there is tension between the organisation’s interests and your own -- it will need to be dealt with as quickly as possible.

Leaving the conflict unattended, has the potential to create untold damage to the organisation, and most certainly also to the conflicted person.  In reality, without the proper support mechanisms, and the correct knowledge of reporting conflicts of interests in the workplace, the chances of reprisal are very high and this may lead to a number of negative consequences.

As an ethical organisation, it is essential that all its key stakeholders abide by a clear set of guidelines which provide an unambiguous code, policy guidelines and procedures that deal with conflicts of interest.  Whilst there are legal provisions and requirements that must be followed, in reality these are often brushed over, or worse, brushed aside for self-serving interests!

With the rampant crime and corruption in South Africa, ‘small’ conflicts of interest have the ability to rapidly escalate.  An organisations with weak governance systems are prime targets for people with selfish motivation and agendas.  Expectedly, the organisation must be protected through the organisation’s systems and processes, and often these are also weak, leaving the organisation exposed to these risks.

In light of the inevitability of conflicts of interest arising within an organisation – and given that they must be properly managed -- it is essential for organisations to have an appropriate and detailed policy in place to deal with these situations.

Why attend:

This 2-hour online Conflicts of Interest training - 

  • demystifies the duties of directors and employees regarding their declaration regarding Conflicts of Interest;
  • guides both the individual and the organisation to assess their vulnerabilities and institute proper processes to mitigate risks in respect of personal - or oprganisational -- Conflicts of Interest;
  • blends the importance of a Corporate Governance Framework® within the realm of a well governed organisation where Conflicts of Interest can be managed more effectively and efficiently; and
  • is unique in South Africa and is offered exclusively by CGF.

Key Objectives:

  • Align organisational compliance with the organisation’s Code of Conduct and / or Conflict of Interest Policy and  guidelines;
  • Manage corporate and personal expectations with organisational values;
  • Improve the organisation’s compliance with ethical and other governance requirements;
  • Help to develop a reputation for being a good corporate citizen which attracts and retains likeminded stakeholders;
  • Assist the organisation to avoid potentially costly litigation, fines and bad publicity, and
  • Show the connection of good governance, early warning detection and reporting within a Corporate Governance Framework®.

Who should attend:

Chairmen, directors, Chief Audit Executives, HR, Company Secretariat, internal audit, management and employees, suppliers and other key stakeholders.  This Training is applicable to the public & private sector, including NPOs.

Venue:

Online using Microsoft Teams

Duration:

Two hours (09 August 2021 or 26 August 2021)  |  09h00-11h00 (SAST)

Fee:

The fee of R 1,092.50 including 15% VAT per delegate or R 21,275.00 including 15% VAT per group of maximum 20 delegates.  This covers tuition for two hours online training, pre-reading material, electronic training material and certificate of attendance.

Contact:

For enquiries or registration, please contact Petra on T: +27 (0)11 476 8261 | E: accounts@cgf.co.za

References:

“Very well presented. Provided empowerment to do my job more effectively and with confidence.”
Prof. Michael Herbst (CANSA)
   “Was an excellent presentation and would recommend it to everybody.”
Michael van der Merwe (Babcock Africa)
   ““Great to listen to the presentation - factual and to the point."
Adj. Willie Hills (Tasima)

Your presenter:

Terrance M. Booysen (CEO: CGF Research Institute (Pty) Ltd) has received many accolades directly linked with corporate governance and its wide-ranging topics.  He is a regular podium presenter and is considered knowledgeable in the practice, having produced many governance, risk and compliance reports and articles over the last 18 years.  Terrance (Terry) is recognised by the Worldwide Who’s Who® organisation for his business accomplishments and knowledge within the arena of corporate governance.  Through this recognition, he forms part of an extensive international network comprised of diverse and talented professionals, helping members to develop strong personal brands in order to distinguish themselves from others in their respective industries. This Workshop is well timed as organisations deal with the challenges of misconduct in the workplace environment, including those who wish to report such misconduct in the pursuit of ethical behavior and good governance practices as espoused in legislation, including governance codes such as King IV™.

 
Brochure Download
 


*Please note that all references in this brochure to the King IV™ Report on Corporate Governance for South Africa for 2016 (King IV™) has been kindly allowed by the Institute of Directors in Southern Africa (‘IoDSA’). The IoDSA owns the intellectual property of King IV™ and the report can be accessed at no cost at: http://www.iodsa.co.za/?page=AboutKingIV)