A conflict of interest is when you, someone you are close to, employed by, or are personally friendly with may stand to benefit or gain in some way from a decision made at a meeting or within the service.
The board/committee, management, families and all involved in the early childhood service need to be confident that all potential and actual conflicts of interest are managed well.
Therefore whether the conflict of interest is real – or does not really exist but could be interpreted as one, it should be declared and noted in meeting minutes.
Drawn from numerous early childhood and other education institution committees and boards here are some practical tips:
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