Fostering Psychological Safety: A Key to Company Success

Published: July 19, 2023, 4:06 p.m.

b"Psychological safety is crucial for organizations to thrive, contributing to talent retention and overall success. Companies that create a culture of psychological safety outperform those that do not. Join Susan Finch and Rob Brodo to continue their discussion on leadership simulations.\\nCreating a psychologically safe environment requires leaders to establish trust and make employees feel comfortable taking risks, challenging the status quo, and expressing their concerns. It involves treating everyone fairly and focusing on building self-esteem and recognition.\\nTo be a better leader and foster psychological safety, Rob Brodo suggests five key actions:\\ncreating a stable and predictable environment,\\nproviding employees with options and choices,\\nensuring equity in treatment,\\nunderstanding employee desires and needs,\\nand establishing a foundation of trust.\\nRepairing trust can be challenging but is possible in certain situations. It requires open communication, difficult conversations, and the leader's judgment on whether the person can be trusted again. Building trust also involves maintaining a respectful environment and avoiding mockery or humiliation.\\nAdvantix offers simulations and programs on psychological safety that cater to both large and small businesses. These simulations provide self-reflection, learning, and action-planning opportunities to enhance leadership skills and create psychologically safe workplaces.\\nLinks from this episode:\\nAdventexe.com\\nhttps://www.advantexe.com/psychological-safety-simulation\\xa0\\nRob Brodo on\\xa0LinkedIn\\xa0and\\xa0Twitter\\nSusan Finch on\\xa0LinkedIn\\xa0and\\xa0Twitter\\n\\xa0\\nAbout Advantexe:\\nAdvantexe Learning Solution's\\xa0mission is to provide world-class\\xa0Business\\xa0simulation-centric\\xa0Business Acumen,\\xa0Business Leadership, and\\xa0Strategic Business Selling\\xa0talent development solutions to organizations around the world to help them execute their business strategies and achieve their goals and objectives.\\xa0\\nTheir vision is to be the premier\\xa0talent development\\xa0resource partnering with their clients to close the talent gaps preventing them from flawlessly executing their strategic initiatives and achieving their short- and long-term business objectives."