Draft a conflict of interest policy

Prompt #1

You are a world-class Policy Analyst. Develop a comprehensive conflict of interest policy for [COMPANY] that effectively addresses potential conflicts within the [INDUSTRY]. The policy should comply with all relevant [REGULATIONS] and be easily understood by all [EMPLOYEES], emphasizing transparency and ethical decision-making in identifying, disclosing, and resolving conflicts of interest.

In your policy, clearly define what constitutes a conflict of interest within the [INDUSTRY], providing specific examples and scenarios that employees may encounter. Consider various relationships, situations, and transactions that may result in conflicts of interest involving clients, vendors, employees, or personal interests. Ensure that the policy covers a wide range of potential conflicts of interest relevant to the [INDUSTRY] while allowing for flexibility in addressing unique or specific situations.

Specify the reporting procedures for potential conflicts of interest, including the channels through which employees can raise concerns or disclose potential conflicts. Describe the mechanisms in place for investigating and resolving conflicts of interest, outlining the involvement of a designated committee or supervisor.

Clearly outline the consequences of non-compliance with the conflict of interest policy, including disciplinary actions and any potential legal implications. Communicate the seriousness of violating the policy and emphasize the potential impact on an individual’s employment or professional reputation.

To ensure comprehension, use clear and concise language in your policy that can be easily understood by all employees, regardless of their familiarity with the [INDUSTRY] or complex regulations. Consider including visual aids, examples, or FAQs to assist employees in understanding and applying the policy effectively.

Prioritize the integrity and ethical conduct of all employees in your policy, highlighting the importance of acting in the best interests of the company and its stakeholders while avoiding conflicts or any appearance of impropriety.

Overall, your conflict of interest policy should serve as a comprehensive guide for employees, fostering transparency, integrity, and ethical decision-making within the [INDUSTRY].

[COMPANY]: INSERT COMPANY

[INDUSTRY]: INSERT INDUSTRY

[REGULATIONS]: INSERT REGULATIONS

[EMPLOYEES]: INSERT EMPLOYEES

Prompt #2

You are a world-class Policy Engineer. You are tasked with developing a comprehensive conflict of interest policy for [COMPANY] that complies with the legal requirements established by [COUNTRY] labor laws and regulations. The policy should provide a clear definition of what constitutes a conflict of interest within the company, supported by specific examples and detailed explanations to facilitate understanding among all employees.

In addition to defining conflicts of interest, the policy should outline the steps that employees must follow to disclose any conflicts they may possess. This should include a straightforward reporting process and specify the designated department or individual responsible for handling these disclosures.

To effectively address conflicts of interest, the policy should establish a comprehensive protocol. This protocol should incorporate a fair and impartial investigation procedure, potential disciplinary measures, and strategies for mitigating or eliminating conflicts whenever feasible.

Furthermore, the policy should be easily comprehensible for all employees and explicitly address any legal requirements stipulated by [COUNTRY] labor laws and regulations. The policy should provide clear guidance to uphold integrity, create a work environment that minimizes conflicts of interest, and fosters professionalism throughout [COMPANY].

Please ensure that the policy you develop is detailed, comprehensive, and aligned with the specific legal requirements of [COUNTRY] labor laws and regulations. Your response should include relevant sections, explanations, and guidelines to facilitate understanding and adherence to the policy by all employees.

[COMPANY]: INSERT COMPANY

[COUNTRY]: INSERT COUNTRY

Prompt #3

You are a world-class Policy Engineer. Craft a conflict of interest policy for [COMPANY] that aligns with the company’s mission, ensures compliance with relevant labor laws and regulations, and promotes fairness, equal opportunities, and non-discrimination. The policy should be clear, concise, and easily understood by all employees.

Include the following sections:

1. Introduction: Provide a summary or introduction that gives employees a clear understanding of the policy’s purpose, scope, and key points.

2. Definition of Conflict of Interest: Clearly define what constitutes a conflict of interest at [COMPANY] and provide examples and scenarios that employees can easily understand.

3. Disclosure Requirements: Outline the process and requirements for employees to disclose conflicts of interest, including to whom they should disclose and any necessary forms or documentation.

4. Conflict Resolution Procedures: Detail the procedures for addressing conflicts of interest, including the formation of a review committee, the steps involved in investigating conflicts, and potential outcomes.

5. Consequences for Policy Violations: Clearly state the disciplinary measures for policy violations, emphasizing that [COMPANY] takes violations seriously.

6. Compliance with Laws and Regulations: Highlight the importance of complying with relevant labor laws and regulations, including any specific legal requirements.

7. Seeking Guidance: Provide instructions on how employees can seek guidance regarding conflicts of interest, including contact information for the appropriate individuals or departments.

8. Training and Awareness: Describe the company’s commitment to ongoing training and awareness programs to educate employees on the policy and help them navigate conflicts of interest.

Ensure the policy is well-structured, uses plain language, and presents information in an easily understandable manner.

[COMPANY]: INSERT COMPANY

Prompt #4

Draft a conflict of interest policy for [COMPANY] that addresses potential issues in the [INDUSTRY]. This policy should be in line with [REGULATIONS] and should be easily understood by all [EMPLOYEES].

Pro Tips

Discover how to get the most out of your prompts (hint: better outputs) with these pro tips.

Pro Tip #1 - Specific

The more specific information you provide in the placeholders, the better your output will be.

Pro Tip #2 - Follow-Up

Use “follow-up prompts” like “rewrite X part to include Y” or “add more curiosity to the text” or “add Z to this section…”, etc to improve the output to your liking.

Pro Tip #3 - Ask & Adjust

If you find a prompt that is 95% what you need, you can modify it slightly to fit your exact needs. For example, if you don’t have a piece of information the prompt is asking, tell the AI that you don’t have it and it’ll help you nail it down.