Why letting go of ego is your secret weapon in leadership

Keywords: leadership, resilience, psychologicalsafety, personalaccountability

Date: 12 February 2025, WorkLife Digital

Today’s business leaders are are expected to drive growth, maintain profitability, and steer their organisations through constant disruption all while projecting an image of confidence and success. But here’s the paradox: the more leaders cling to the need to appear infallible, the harder it becomes to foster the kind of open, collaborative culture that drives innovation and resilience. To truly thrive in this environment, leaders must model psychological safety - creating a workplace where employees feel they can speak up, challenge others or fail without risk of judgement. It’s not just a nice-to-have: it’s the foundation for navigating today’s challenges and building a future-ready organisation.

The business case for psychological safety

Research consistently links psychological safety to measurable organisational outcomes. Teams with high psychological safety see 76% higher engagement, 50% greater productivity, and 27% lower turnover compared to less psychologically safe environments. Google’s landmark “Project Aristotle” identified psychological safety as the most critical factor in high-performing teams, enabling risk-taking and knowledge-sharing that drive innovation.

For leaders balancing competing priorities - from AI adoption to multigenerational workforce dynamics - psychological safety acts as a multiplier. McKinsey found that organisations prioritising psychological safety are five times more likely to innovate effectively. This aligns with findings that psychologically safe teams are 67% more likely to apply new skills and 26% faster at learning. In an era where adaptability determines survival, these capabilities directly translate to competitive advantage.

Yet gaps persist: only 43% of employees report working in environments with strong psychological safety. This disconnect often stems from leadership behaviours. As the TIVC Institute notes, psychological safety starts with leaders who model vulnerability, actively seek diverse perspectives, and treat failures as learning opportunities.

Leading with vulnerability in high-pressure environments

The myth of the infallible leader is collapsing under modern pressures. Employees increasingly expect authenticity: 89% believe leaders must actively create psychologically safe workplaces. This requires discarding ego and embracing what Amy Edmondson calls “situational humility” - the willingness to say, “I don’t know, but let’s figure it out together.”

Practical strategies for leaders:

3. Reward candour, not compliance

Integrating psychological safety into organisational DNA

Leaders must move beyond rhetoric to systemic change:

1. Align metrics with psychological safety

Track indicators like:

Accenture’s research shows organisations linking these metrics to leadership KPIs achieve 5x higher innovation ROI.

2. Build inclusive communication channels

3. Invest in leadership development

Sustaining growth through psychological safety

The payoff extends beyond morale. Psychologically safe organisations report 74% less stress and 57% higher collaboration rates, directly enhancing resilience during crises. Leaders who prioritise psychological safety create cultures where:

As younger generations dominate the workforce - 73% of Gen Z prioritise psychological safety over salary - leaders who fail to adapt risk talent attrition and stagnation.

Embracing psychological safety isn’t soft leadership - it’s the smartest strategy for enduring success. It also mitigates the increasing pressures and stressors for leaders courageous enough to say, ‘I don’t have all the answers—let’s discover them together.’

 

WorkLife Digital is a global mental-wellbeing consultancy driven by the mission to improve the sustainability of businesses. Our psychological wellbeing tool, Worklife Quotient (WL-Q), is modelled on cutting-edge scientific research and provides organisation-wide measurement and intelligence on the mental wellbeing levels and psychological resilience of staff. WL-Q also assesses the impact of organisational practices (i.e. people and culture, leadership styles, organisational purpose and values, social impact) that have a direct influence on staff wellbeing and provides strategic recommendations on addressing risks and promoting strengths.

For more information, get in touch at lisa@worklife.digital

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REFERENCES

Clarke, E., Näswall, K., Masselot, A., & Malinen, S. (2024). Feeling safe to speak up: Leaders improving employee wellbeing through psychological safety. Economic and Industrial Democracy

https://hbr.org/2023/02/what-is-psychological-safety

Psychological safety and the critical role of leadership development McKinsey & Company 2021

https://www.forbes.com/sites/carabrennanallamano/2023/09/12/human-forward-leadership-how-to-create-a-culture-of-psychological-safety/