Why Governance Fails Without Culture: The Role of Psychological Safety in Risk Management

About this episode

This episode discusses the critical interplay between governance, culture, and risk management, emphasizing the role of psychological safety in effective decision-making.

In this insightful episode of RiskMasters The Download, Julien Haye chats with Jennifer Geary, COO, CRO, and author of The C-Suite Framework, about the critical interplay between governance, culture, and risk management. They explore why organisations with similar governance structures can have vastly different risk outcomes despite having consistent escalation paths, committees, and reporting mechanisms. The conversation highlights the importance of psychological safety as a key enabler for risk escalation and effective decision-making within risk management frameworks. Listeners will learn how behavioural factors shape governance effectiveness, why certain issues remain unraised despite being known, and how risk leadership plays a crucial role in fostering a culture where risks are surfaced early. This episode underscores that successful governance is not just about structure but about creating trust and psychological safety that empowers risk managers and board directors to act in time and with impact. Tune in to understand why organisations that cultivate psychological safety and proactive risk escalation build stronger governance and reduce their exposure to strategic and…

People in this episode

Host: Julien Haye

Guest: Jennifer Geary

Topics covered

• governance
• culture
• risk management
• psychological safety
• decision-making
• risk escalation

Keywords

• risk management
• psychological safety
• governance
• risk escalation
• decision-making
• organizational culture
• trust

Mentioned in this episode

Organizations: The C-Suite Framework

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