Leaders

Promoting a culture of psychological safety at work

Published

3 months ago

July 8, 2025

Nathan Langridge

Workplace silence stifles innovation; fostering a speak-up culture enhances safety, engagement, and productivity.

Karen Maher, founder of Smart Culture, highlighted the importance of fostering a speak-up culture.

She explained that creating a safe environment for employees to express concerns—whether related to behaviour, ideas, or safety—is essential for organisational health.

Good relationships between employees and managers can significantly influence this dynamic.

When employees feel safe to speak up, they are more engaged, creative, and willing to contribute to the workplace, resulting in greater productivity and a more positive environment.

Conversely, failing to allow open communication can lead to serious risks, such as to safety or workplace morale, and can result in financial and reputational damage to a business.

With the shift to remote work, maintaining communication and connection has become more challenging, complicating the employee-manager relationship.

For more information about Smart Culture and its offerings, interested parties can visit smartculture.com.au

Related Topics:Business Featured mental health workplace

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Leaders

New climate reporting standards set to reshape the Australian business landscape

Businesses must disclose climate risks and transition strategies under new standards, reshaping credibility and compliance globally

Published

6 days ago

September 25, 2025

Nathan Langridge

Businesses must disclose climate risks and transition strategies under new sustainability standards.

In Short:
– Businesses must disclose climate risks and strategies, improving credibility and compliance.
– Companies face challenges in data management and scope three emissions, impacting strategic planning and engagement.

Businesses globally are increasingly required to disclose climate risks and transition strategies, impacting their credibility and compliance efforts. The Australian Sustainability Reporting Standards (ASRS) in particular represent a significant shift for local companies, urging them to comprehend climate change’s effect on financial performance. Lisa Zembrodt, Principal and Senior Director, Sustainability Business across the Pacific Zone for Schneider Electric, joined to share her insights on the impact of ASRS on Australian businesses.

Organisations must now align their climate disclosures with financial statements, necessitating audits and increasing scrutiny on directors. This shift compels companies to prioritise credibility in their disclosures rather than mere compliance, presenting a comprehensive understanding of climate risks to foster stakeholder trust.

Key Challenges

A major challenge for companies remains the accurate collection and management of data, often still done via spreadsheets. Many companies struggle with “scope three” emissions, which often lie outside direct control.

Successful adaptation will require enhanced engagement throughout the value chain to achieve emissions reductions.

Leaders

Cybersecurity races to keep pace with AI and quantum threats

Published

1 week ago

September 23, 2025

ticker NEWS

As AI capabilities surge and quantum computing moves closer to reality, cybersecurity leaders are racing to keep pace with a rapidly evolving threat landscape.

Businesses face growing risks, making it critical to reassess security infrastructures and adopt strategies that can withstand future challenges.

Experts warn that the arrival of quantum computing could have major implications for data security, with traditional encryption methods potentially becoming vulnerable.

Organisations are being urged to adopt “quantum-resilient” strategies and take practical steps now to safeguard sensitive information.

DigiCert has highlighted these challenges through its recent Quantum Readiness Day, providing guidance for companies aiming to future-proof their systems and stay ahead of emerging cyber threats.

Leaders

Importance of AI governance for business competitiveness and security

AI governance essential for businesses to manage risks and ensure compliance as AI integration accelerates across industries

Published

2 weeks ago

September 17, 2025

Nathan Langridge

AI governance essential for businesses to manage risks and ensure compliance as AI integration accelerates across industries.

In Short:
– Effective AI governance is vital for ensuring trust and compliance in business practices.
– Companies must establish clear AI use policies to balance innovation and safeguard sensitive data.

As AI transforms industries, effective governance and data risk strategies are crucial for business competitiveness and compliance. Broderick Smith from Transform LogiQ discusses the urgent need for AI governance as it becomes prevalent in products and services. This governance helps mitigate risks, ensuring that clients receive trustworthy information and organisations adhere to ethical guidelines in AI development.

AI governance is essential as many companies struggle to keep pace with rapid advancements. Smith notes that organisations often perceive AI as a technical issue rather than a human one, creating significant governance challenges.

Future-Proofing AI

Establishing a simple policy for AI use is critical. Companies should define permissible use cases and develop governance structures, engaging staff in dialogue regarding AI integration. Addressing the balance between innovation and responsibility ensures that AI enhances organisational effectiveness while safeguarding sensitive data.

For more insights, follow Broderick Smith on LinkedIn or visit Transform LogiQ.