Conflicts of interest in not-for-profits (and how to manage them)

Do you understand conflicts of interest in not-for-profits in Australia?
The Board of Directors of not-for-profits have a duty to act in the company’s best interest and not misuse their position. If a Director (or their family or friend) has a competing interest, this is where a conflict of interest may occur.
I’ll outline some examples of conflicts of interest and how to best manage them.
Conflicts of interest shouldn’t stop you doing business or achieving your purpose, there are always ways to manage them so that the organisation can move forward in a transparent way.
Connect with me on LinkedIn / justin-hogg-right-source or visit www.rightsource.com.au
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