Trust is essential to an effective team, because it provides a sense of safety. When your team members feel safe with each other, they feel comfortable to open up, take appropriate risks, and expose vulnerabilities.
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Team members need to feel comfortable speaking up to create the communication dynamics necessary for success.
It all comes down to trust, which is one of the characteristics teambuilding exercises were designed to enhance.
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Psychological safety is a "shared belief, held by members of a team, that a group is a safe place for taking risks. It is a sense of confidence that the team will not embarrass, reject, or punish someone for speaking up.β(Amy Edmondson, 1999)
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