Regulators are prioritizing firm cultures marked by psychological safety, with a view to creating conditions that promote ‘speak up’ behaviors among staff who witness questionable acts and decision-making. Firms failing in this will contend with employees increasingly ready to ‘speak out’ – externally – when speaking up internally appears unwelcome or untenable.
Observations
Dec 04, 2024The UK Financial Conduct Authority (FCA) has revised its internal whistleblower policy following criticism regarding its handling of employee complaints, as reported by the Financial Times.
by Amy Edmondson, Stephen Scott, Paul Seabright
Compendium
Jun 11, 2024In this session, Stephen Scott moderated a conversation with Amy Edmondson and Paul Seabright on the complexities of organizational behavior, particularly around promoting accountability and encouraging a culture where employees feel safe to speak up.