In today’s fast-paced corporate world, managers and HR departments are constantly tasked with seeking ways to enhance performance and achieve better results. In such an environment, the concept of Psychological Safety might seem too abstract or of secondary importance when compared to initiatives that directly affect the P&L, and consequently a common question is: “Why should I prioritize Psychological Safety when I’m judged on tangible outcomes?” 

But in reality, fostering Psychological Safety within teams and organizations can lead to tangible, measurable benefits that directly impact an organization’s bottom line. Moreover, discussed below, Psychological Safety is not just a “nice to have”, but an essential ingredient to achieving impactful organizational outcomes.