You’re leading an important project to secure a tender worth a significant amount of money to your financial institution.
You receive information from a member of the project team about what they think would ensure the deal being agreed to by the client. Their advice is that if you add X, Y and Z to the proposal, the client may find it more appealing.
It is very specific detail that only somebody working within the tendering organisation would know. The person who provided this advice later confides in you that they worked there a year ago.
What would you do?
- Is this an actual, potential or perceived conflict of interest?
- Is there a conflict of interest policy in place?
We challenge you to create a healthy discussion with your colleagues and post a comment below. You could even encourage them to consider taking The Banking and Finance Oath!
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