Resilience Round Table 19 September 2025
How can you use the Pareto Principle, or 80/20 rule, to improve performance in your firm?
Read MoreHi Doug here!
Thank you to everyone who attended the session last Friday.
This time, we discussed 'The Myths and Misconceptions About Psychological Safety'.
Psychological Safety is "the belief that you can speak up with ideas, questions, concerns, or mistakes without fear of repercussions. What that really means is I can do my job without fear of humiliation or punishment" - Amy C. Edmondson, author of The Fearless Organisation.
During the session, we discussed the common misconceptions around Psychological Safety and how to counter them.
This led to a great discussion; here are some of the key points:
If you would like to discuss it further, please let me know, and we will organise a call or meeting.
Wishing you every success
Doug
BOOK
The Fearless Organization
by Amy C. Edmondson
If you want to make changes to the culture of your firm, this book is a must-read. Amy provides clear-cut examples with academic research and stories to back up why leaders at all levels must provide an environment of psychological safety for better outcomes.
BOOK
Radical Candor - How to Get What You Want by Saying What You Mean
by Kim Scott
Radical Candor is the sweet spot between managers who are obnoxiously aggressive on the one side and ruinously empathetic on the other. It is about providing guidance, which involves a mix of praise as well as criticism – delivered to produce better results and help your employees develop their skills and increase success.
HUMANISE THE NUMBERS PODCAST
Humanise the Numbers podcast with Richard Spofforth and Jenn Williamson from Kreston Reeves
During the podcast Paul, Richard and Jenn talk about AI and how changes are inevitable as AI grows. These changes can bring uncertainty and fear.
It's really important therefore to establish a culture within your firm whereby your team feel safe.
When you create and nurture a culture of psychological safety, you ensure that your team feel free to exchange ideas, concerns and questions without fear of reprisal or negative consequences. This will open a flow of creativity, innovation and growth for your firm.
REPORT & SUPPORTING TOOLS
What does it take to build (or weaken) an enthusiastic, motivated and high-performing workforce in your accountancy firm?
When you create and nurture a culture of psychological safety, you ensure that your team feel free to exchange ideas, concerns and questions without fear of reprisal or negative consequences. This will open a flow of creativity, innovation and growth for your firm.
REPORT & SUPPORTING TOOLS
Your manager skills can either reinforce or undermine the success of your accountancy firm
The research also shows that it does not matter whether a manager is working in a thriving or a failing firm. Managers who recognise progress in meaningful work,every day, see their people become more productive, creative, committed and collaborative.
How can you use the Pareto Principle, or 80/20 rule, to improve performance in your firm?
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