What is the main goal of promoting 'psychological safety' in a team environment?

The main goal of promoting 'psychological safety' in a team environment is to create a space where individuals feel comfortable taking interpersonal risks, such as sharing their ideas, asking questions, expressing concerns, or admitting mistakes, without fear of negative consequences, judgment, or retribution. This means fostering an atmosphere of trust and mutual respect where team members believe they won't be punished or humiliated for speaking up. For instance, if a team member feels safe enough to challenge a proposed strategy or admit they need help with a task, it can lead to improved problem-solving, increased innovation, and stronger team cohesion. Without psychological safety, individuals are likely to withhold valuable contributions, leading to missed opportunities and potentially hindering overall team performance.