Business value in uncertain times, and why psychological safety pays off

How do you protect your business's value when costs keep rising and uncertainty shows no sign of easing – and why does psychological safety matter in your workplace? In this week's episode, business sales and acquisitions expert Simon Bedard explains how rising costs, inflation and economic uncertainty are reshaping business value. Simon – who is Managing Director of Exit Advisory Group, and author of new book Exit Like an Expert - also unpacks why many owners are absorbing costs instead of passing them on, and where to focus to build a stronger, more resilient business. Then senior psychologist and managing director at Barrington Centre, Rhonda Andrews, explores why psychological safety is far more than a compliance issue. She explains how creating a workplace where people feel safe to speak up can improve performance, innovation and retention – and why doing nothing is now the biggest risk of all. If you’re considering launching a podcast to grow your authority and client base, reach out to our team to learn how we can support you. Business Essentials is produced by soundcartel.com.auSee omnystudio.com/listener for privacy information.