ICYMI: In June, Norges Bank Investment Management (NBIM) — Norway's sovereign wealth fund — launched a research project into the significance of psychological safety and resilience among investment employees in partnership with Professor Martin Carlsson-Wall, Director of the Center for Sports and Business at Stockholm School of Economics, and Harvard Business School Professor Amy Edmondson.
The project, which will be conducted over two years, seeks to establish an understanding of the mechanisms behind psychological safety and resilience among employees. It will also look to apply sports psychology to strengthen the fund's performance.
"This is a groundbreaking research collaboration that we are very proud to be a part of," said Nicolai Tangen, CEO of Norges Bank Investment Management. "We believe it can have a significant impact on our performance capability and how we work as an organization."
In a contribution to our 2021 Compendium, Edmondson discussed the impact of Diversity, Equity, and Inclusion (DEI) on psychological safety and organizational culture.
“Diversity is valuable—but it is inclusion that really drives performance,” she wrote. “Psychologically safe workplaces enable and harness the benefits of mutual trust among staff to create a meaningful sense of belonging, and this is the key to unlocking the benefits of diversity.” [Read more here]
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