02/04/2026
The topic of conflict of interest may sound a bit arcane (invented no doubt by lawyers) but it refers to a very common problem that many businesses confront occasionally, more often than you think in fact. Its impact on business may be quite significant, not just in terms of possible damage to the business itself, but no less importantly to the trust between partners in business or between shareholders/owners and their executives.
I have not only dealt with this issue as a partner, but I also advised on this topic my long-term (over 20 years) client, a world-leading FMCG company, when they ran into this issue after acquiring a minority stake in their nation-wide distributor in one of its key markets, the majority owners of which also owned a large retailer, a downstream customer. As a result of extensive work and negotiations with the owners and management of the distributor, we came up with a solution that can be used as prototype for addressing similar issues in other contexts.
I am proud of being the author of the detailed rules on conflict of interest implemented by this company, the leading distributors of certain products in this very large market, applicable to thousands of its employees. To my knowledge, these rules have proven effective and resilient in addressing the problem of conflict of interest.
So it is based on my own first-hand experience, but also on studying other relevant precedents (including in politics), that I offer my insight into this topic in this 30-minute video. I hope you will find it helpful. A solution proposed at the end of the video if you are patient enough to see the whole thing.
Can you trust your business partner or executive director? You might think it is a question of their integrity and reputation, but there is another important...