Why Finance Teams Struggle With Psychological
Safety
There's this assumption that finance
professionals are naturally comfortable
speaking up about risks and concerns. Our
work with teams across Australia suggests
otherwise. The pressure to appear competent,
combined with hierarchical reporting
structures, often creates environments where
people stay quiet about red flags.
We've been analyzing what actually builds
psychological safety in finance departments.
It's not team-building exercises or open-door
policies. It's consistent leadership response
to bad news. When someone raises a concern
about controls or forecasting assumptions,
how does management react? That pattern
shapes culture more than any mission
statement.
In our autumn 2025 program, we're dedicating
significant time to this topic. Participants
work through scenarios where they practice
responding to uncomfortable information.
Because changing finance culture means
changing how leadership handles discomfort.
Published March
2025 by the giralethos teaching team
The Mentorship Gap in Australian Finance
Careers
Mid-career finance professionals in Australia
face a specific challenge. There's plenty of
technical training available. But guidance on
navigating organizational politics, building
influence without authority, and developing
leadership presence? That's harder to find.
We surveyed 130 finance professionals across
Australian companies in late 2024.
Sixty-eight percent said they'd never had
meaningful mentorship on corporate culture
and soft skills. They learned technical
finance formally but picked up everything
else through trial and error.
This gap shows up in career trajectories.
People plateau not because they lack
technical skill, but because they haven't
developed the cultural competence to operate
at senior levels. Our mentorship track
specifically addresses this by pairing
participants with finance leaders who've
navigated these transitions successfully.
Published
February 2025 based on 2024 research
Remote Work Changed Finance Culture
Permanently
Finance departments adapted to remote work
differently than other functions. The nature
of financial controls, data security, and
close-of-period deadlines created unique
challenges. Now, as we're solidly into 2025,
the temporary solutions have become permanent
arrangements.
But culture hasn't caught up. Many finance
teams still operate with pre-2020 assumptions
about collaboration, mentorship, and
knowledge transfer. The informal learning
that happened when junior staff sat near
senior analysts doesn't happen in Zoom
meetings.
We're seeing this create competency gaps.
People who started finance careers in 2021 or
2022 often have strong technical skills but
limited exposure to how decisions get made
culturally. They understand the models but
not the organizational context around them.
Our programs now specifically address
building cultural fluency in hybrid work
environments.
Published
January 2025 reflecting on multi-year workplace
shifts