
Summary
Payday bars advocate for simplicity in candy, emphasizing their unique combination of salty peanuts and sweet caramel without the need for excessive toppings or layers. This straightforward approach mirrors the importance of psychological safety in teams, as discussed by Harvard Business School professor Amy Edmondson. She defines psychological safety as the shared belief that team members can take risks, express ideas, and admit mistakes without fear of negative consequences.
Research indicates that teams with higher psychological safety perform better, as members feel more engaged and motivated. This environment encourages diverse perspectives, leading to improved decision-making and fostering a culture of continuous learning and innovation. Conversely, teams lacking psychological safety experience stress, burnout, and higher turnover, negatively impacting overall performance.
To cultivate psychological safety, Edmondson suggests several management practices. Establishing clear norms and expectations, communicating the value of employee input, and modeling vulnerability by admitting mistakes are essential steps. Additionally, managers should actively solicit feedback through open-ended questions and respond positively to encourage ongoing dialogue. By creating a safe space for team members to share their thoughts, organizations can enhance learning and drive future success.
Show Notes
What Is Psychological Safety?
7 Nov 2023
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It’s a term that’s used a lot but is often misunderstood. Harvard Business School professor Amy Edmondson, who coined the phrase “team psychological safety”, says it’s the shared belief that it’s OK to take risks, express ideas and concerns, speak up with questions, and admit mistakes — and here’s the important part– without fear of negative consequences. And if your team doesn’t have it, that’s going to negatively impact its performance. In this video, you'll learn how to tell whether your team has it, and what to do if it doesn't.
For more, check out this HBR article: https://hbr.org/2023/02/what-is-psychological-safety
00:00 What happens on your team when a project doesn't go as planned? 00:45 First, a definition of "team psychological safety" 02:12 Why is it important? 03:20 Does my team have it? 04:30 How do you foster it? 06:50 Conclusion
Produced by Amy Gallo, Megan Reilly, Scott LaPierre, and Jessica Gidal Video by Dave Di Iulio and Elie Honein Design by Alex Belser, and Karen Player
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