Love theses quotes on psychological safety and ROI – couldn’t agree more! There is a direct connection between authentic work environments that foster psychological safety to express things and disagree and bottom line ROI revenue generation. If you want to MAX PROFIT, you SHOULD care about these things. And if you don’t, YOU’RE LOSING REVENUE:

“Authenticity at work should instill a sense of psychological safety among all team members, allowing each person to feel safe to share their ideas and fail in front of the team without fear of serious punishment, so that all can collaborate, share feedback, and work together toward the best results. Looking beyond the workplace, authentic behavior should enable others to feel confident that they are getting the truth when they engage with you. In turn, they’re more likely to be truthful back.”

“Psychological safety results in happier teams that take more intelligent risks, raise concerns sooner, stay on the team longer, are more resilient to change and external threats, and ultimately result in a real improvement to the bottom line of your business or organization.”

“Research in recent years from Gartner, Gallup and Harvard Business Review found that the benefits of a high work psychological safety include: 27% reduction in turnover; 76% more engagement; 50% more productivity; 74% less stress; 29% more life satisfaction; 57% workers more likely to collaborate; 26% greater skills preparedness since workers learn at a faster rate when they feel psychologically safe; 67% higher probability that workers will apply a newly learned skill on the job. With those kinds of numbers, it’s a wonder why any organization would consider ignoring their psychological safety levels in the workplace.”
https://lnkd.in/gG2yj-AV

That’s a lot of revenue and morale generating benefits for psychological safety! Sounds like a wonderful thing to foster 😀 🧠 🤗