Earlier today, the heads of the National Association of College and University Attorneys and the National Association of College and University Business Officers outlined steps for minimizing the risk of institutional and individual conflicts of interest in college business dealings. Among the suggestions for developing and implementing guidelines: don't wait for external pressures before reviewing policies; emphasize scenario discussions when educating employees; and leave as little gray area as possible--in particular, in policies covering board directors. Both organizations have posted resource materials, including institutional examples of conflict-of-interest policies, on their web sites.
Check out the Chronicle of Higher Education's web site, for coverage of the session. Inside Higher Ed's story appears here.
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