In this episode of SpeakUp Talks, the importance of psychological safety in fostering a SpeakUp culture is explored. The discussion highlights how psychological safety, though challenging to measure, is crucial for encouraging open communication and trust within organizations. Active steps are necessary to build this safety, including top management support and effective training for compliance officers. The episode emphasizes that silence does not equate to safety and that maintaining confidentiality while promoting dialogue is essential. Ultimately, creating an environment of psychological safety leads to improved team performance and employee retention.