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Psychological Safety Index

Meaning ● The Psychological Safety Index gauges a team’s collective belief that taking interpersonal risks within the work environment is safe in the realm of SMBs. Implementation of automation and achieving scale often requires employees to suggest process improvements or voice concerns without fear of retribution. A high index score suggests employees feel secure contributing ideas, leading to increased innovation and effective deployment of new technologies in the small to medium-sized business context. A low score, conversely, points to a culture where employees might withhold vital information, hindering progress and impeding the effective adoption of automation tools and scalable strategies. Understanding the PSI, therefore, is integral to cultivating a workplace poised for SMB growth by fostering open communication about automation and other critical changes.