Rio Tinto CEO says tough workplace cultures are toxic
The departing Rio chief executive said he read about Westpac chief executive Anthony Miller's plan to install a more aggressive and demanding culture at the bank in The Australian Financial Review, and he preferred to embrace the research of Harvard Business School professor Amy Edmondson, who is credited with coining the phrase 'psychological safety'.
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Resources Technology Showcase 2025 to inspire the next generation of future thinkers
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AU Financial Review
a day ago
- AU Financial Review
Rio Tinto CEO says tough workplace cultures are toxic
Rio Tinto chief executive Jakob Stausholm says tough workplace cultures create risk-averse staff who are incapable of high performance, and on the contrary, workers must feel psychologically safe before they can achieve their full potential. The departing Rio chief executive said he read about Westpac chief executive Anthony Miller's plan to install a more aggressive and demanding culture at the bank in The Australian Financial Review, and he preferred to embrace the research of Harvard Business School professor Amy Edmondson, who is credited with coining the phrase 'psychological safety'.
AU Financial Review
a day ago
- AU Financial Review
Inside the rise and rise of Westpac's polarising new retail bank boss
Carolyn McCann is the hardest worker in banking, loved by her superiors for getting the job done. Or she's an executive to be avoided, prepared to 'throw anyone under the bus to get to the top'. Either way, the polarising new boss of Westpac's huge retail division is on the rise, this week securing one of the most coveted and challenging jobs in banking. It's a long way for the Queenslander, who has little retail banking experience despite her dozen years at Westpac. McCann's first major gig was at Insurance Australia Group, where she worked in communications and investor relations before joining Westpac in 2013. For the next five years, under then chief executives Gail Kelly and Brian Hartzer, she oversaw communication efforts before joining the company's executive leadership.
