Driving performance whilst  mitigating personal and professional risk.

The Boardroom Psychological Safety Benchmark is a research project which seeks to annually gauge the psychological safety within the boardroom, to understand the impacts on decision-making and highlight priorities for boards and executive leadership teams to perform better and mitigate their risk.

*The Psychological Safety Benchmark interviewed executive and non executive board members. In addition to C-suite executives.

Why Psychological Safety matters

A psychologically safe environment is one whereby people feel part of the team, feel comfortable asking for help, sharing information and challenging the status quo, without the fear of negative consequences. These factors are essential to critical decision-making within our leadership teams (board, committees, or executive leadership teams) and lead indicators of performance and risk metrics such as innovation and customer centricity future litigation and ultimately profits.

Critical decision-making is necessary to drive better performance and mitigate both organisational and personal risk.

  • There is a positive correlation between psychological safety and the quality of decision making
  • There is a positive correlation between psychological safety and the advocacy from the board and leadership team for future roles in the organisation
  • 25% of strategic decisions made in the boardroom are highly effective
  • 13% of people and culture strategic decisions are highly effective
  • 35% of leaders feel that they are highly effective in the boardroom
  • 4 out of 10 board members feel psychologically safe
  • 3 out of 10 board members have high levels of trust

The level of psychological safety is the key driver of high quality decisions within a boardroom.  If organisations wish to drive performance and mitigate risk – they need to measure, monitor and evaluate psychological safety at all levels of the organisation.  

– Carolyn Grant, People + Science.

How we can help you improve your Psychological Safety

Private in-house Boardroom Briefing

Briefing for boards and executive leadership teams the importance of psychological safety. How to mitigate personal and organisational risk whilst driving a positive team environment to enhance team performance and gain better results.

 

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Boardroom Psychological Safety Assessment

Psychological Safety has a direct correlation to the quality of decisions made in the boardroom by  board members and executive leaders. Psychological safety is the one lead indicator of future team performance and also your exposure to risk. Improved boardroom dynamics and improve board and organisational performance by up to 800%. We all wish to feel valued, safe to contribute and safe to improve upon the status quo. To improve your impact, your decisions and really harness the quality of talent and experiences within the boardroom (board members and executive) then book an Inhouse Assessment of your board and executive team.

 

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Organisational Psychological Safety Assessment

Psychological Safety is the one lead indicator of team performance and future risk. The Organisational Psychological Safety Assessments evaluates team psychological safety, team trust, leadership impact, and group cognitive diversity. These assessments allow us to be very specific in identifying performance opportunities, organisational risk hindering wellbeing, growth and innovation.

 

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Whitepaper Psychological Safety Benchmark 2020-2021 (Aust)

$19.75

People + Science Psychological Safety Benchmark 2020-2021 (Aust) PDF and complimentary powerpoint version. $19.75 inc. GST

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