PR News
Margaret Key

Perspectives: The modern boardroom isn’t modern at all

2026 is defined by unprecedented acceleration and innovation. Artificial intelligence dominates every conversation, sometimes to the point of fatigue. However, beyond the headlines, it is fundamentally reshaping how organisations operate and create value. Employees, customers, regulators and investors are more informed, more vocal and less patient than ever. For corporate leaders, more than ever, it is essential to be prepared, transparent and proactive.

The modern boardroom likes to think of itself as forward-looking: stakeholder-aware, digitally literate, and primed for volatility. But open the boardroom doors, and the picture is far less modern. The composition often reflects a historically defined leadership profile. Boards tend to prioritise candidates with prior board experience - CEO, CFO or legal backgrounds, and those drawn from established executive networks that remain relatively homogeneous. At the same time, boards continue to place disproportionate emphasis on operational and financial credentials, even though their greatest risks today increasingly sit elsewhere – in reputation and trust, regulatory and social scrutiny, employee engagement and culture and narrative relevance across markets.

When organisations discuss about ‘diversity in the boardroom’, the focus often defaults immediately to gender or racial quotas and representation. While important, that lens is incomplete. The real value of diversity is not meeting a metric; it is the expansion of perspective that reshapes decision-making and risk management, particularly as organisations face growing complexity and scrutiny.

Communications leaders operate across these dynamics every day, yet their experience is often labelled ‘adjacent’ rather than ‘core.’ This is the function that translates strategy into action, and action into trust. To have communications continue to sit on the periphery is misunderstanding where corporate value is both created and protected.

International Women’s Day offers more than a moment to celebrate representation. It offers a lens to examine how organisations define ‘core’ leadership. The question is not just about gender. It is about enriching perspectives and how diverse views should be treated as central to governance. When boards expand invitation and participation, the impact is measurable.

Strategic value starts with perspective
At its core, communications leadership is about seeing around corners. In a world defined by uncertainty, this skill will continue to shape who leads and who lags. Effective communicators operate at the centre of narrative, risk, and human behaviour. Their role is to design strategic outcomes, not merely deliver messages.

When communicators hold seats at the highest levels of decision-making, organisations benefit in three powerful ways:

1. Better decision-making through broader lenses
Boards that include senior communications leaders, especially women and other traditionally under-represented voices, approach risk and opportunity differently. The 5th Annual Harris X–Ragan Survey of CEOs and Communications Leaders shows that 83 per cent of leaders believe their organisation gets it right on political, economic, and social issues. Yet, 62 percent of female leaders feel their organisation does not speak up enough, while 53 percent of male counterparts are more likely to believe organisations speak up too much.

That divergence reflects different interpretations of risk, accountability, and public expectation.

With greater diversity, board discussions shift. The questions don’t just sit with what the decision is, but whom it includes, whom it impacts and how it will land.

2. More inclusive organizational outcomes
Deloitte’s research on inclusive leadership identifies measurable behaviours: curiosity, courage, cultural intelligence, cognizance of bias, collaboration and commitment. These are not abstract ideals; they have a direct impact to performance. Inclusive organisations are six times more likely to be innovative and twice as likely to meet or exceed financial targets.

When boards embrace leaders who demonstrate these behaviours, decision-making becomes more intentional, more rigorous. Inclusion, embedded early, becomes a competitive advantage rather than a reputational afterthought.

3. Reputation is risk capital
Reputation is built through behaviour, not messaging. Novo Nordisk’s response to surging global demand for its Ozempic and Wegovy products illustrates this dynamic. Social media hype, celebrity use and off-label demand created shortages that affected the key customer: diabetes patients. The company invested billions to expand manufacturing capacity, publicly prioritised supply for diabetes patients, restricted certain promotional activities and worked directly with regulators and healthcare systems to stabilise access.

Most boards still underestimate this reality: reputation is shaped not by what a company says, but by what it does, what it prioritises and what it rewards. Communications leaders understand this because they see, in real time, how organisational behaviour is translated into narrative, both internally and externally. Their actions and decisions rest on a single premise: trust takes years to build, and seconds to lose.

From boardroom tokenism to boardroom value
If the goal of diversity is to meet a quota, boards are missing the point. The real opportunity is to embed diverse communicative review at the core of strategic discussion. The focus should be:

  • Elevating senior communications leaders to board or equivalent strategic forums, not just advisory committees.
  • Leveraging communications expertise in scenario planning and risk assessment, not just crisis response.
  • Embedding communicators in early strategy formulation so organizational narratives and stakeholder impacts shape business strategy.


This is not about replacing financial or operational expertise at the board level. It is about strengthening it with perspectives that consider how decisions land across stakeholders, markets, and policy environments.

Diverse perspectives widen a board’s field of view. They sharpen risk judgment and strengthen scenario planning. In an environment where trust shifts quickly and reputation is measured in real time, that breadth of perspective is essential.

Boards that understand this will not modernise in appearance alone. They will modernise in capability and in competitive advantage.

 'Perspectives' is a Telum Media submitted article series, where diverse viewpoints spark thought-provoking conversations about the role of PR and communications in today's world. This Perspectives piece was submitted by Margaret Key, Chief Executive Officer, Allison Asia and Executive Director, Asia Pacific of Stagwell.

Margaret has more than two decades of strategic communications and leadership experience. She has led market development and client engagement across the Asia Pacific region, having held C-suite roles across organisations such as Burson-Marsteller, Zeno, and MSL.
 

Previous story

World Art Dubai 2026 names PR agency

Next story

Vault22 selects comms partner

You might also enjoy

Nicole
Industry update

Nicole Reaney to head IPREX, Asia Pacific

Global communications group, IPREX, has named Nicole Reaney as its new Asia Pacific President. She succeeds Anu Gupta of APRW in Singapore.

This announcement comes as part of a series of leadership changes to the group's global board, which includes the recent appointments of Heidi Otway as IPREX Global President and David Rudd as Americas Regional President.

Nicole, who is also CEO of InsideOut PR, will continue in her role, adding the IPREX leadership remit to her portfolio.

Nicole said: "I'm thrilled to take on this role and help strengthen APAC region's visibility on a global front." 

The Earned View

The hidden cost of seeing risk everywhere

There is a particular psychological condition that develops in senior communications leaders over time, and nobody talks about it because it looks too much like competence.

It rarely appears in job descriptions or competency frameworks. But it quietly shapes how organisations think, behave, make decisions, as well as how we think about ourselves.

Our profession trains us to anticipate failure. We are taught, often implicitly and through hard experience, to read the room before the room knows it has a temperature. To feel the tremor before the quake. But the organisations we serve still need us to be capable of belief, momentum and possibility, and somewhere in the gap between those two truths, a lot of us have quietly lost our footing.

The competency nobody questions

Modern communications leadership has always revolved around institutional threat interpretation.

  • What if this leaks?

  • What if this offends people?

  • What if activists organise around it?

  • What if the media reframes it in ways we cannot control?

For senior communicators, this kind of thinking is not paranoia. It is a core competence, and in many ways, it has rightly been rewarded as such.

But there is a point at which healthy vigilance begins to distort institutional behaviour in ways that are difficult to see from the inside, because from the inside it still looks like diligence.

 

Spun out

Institutional trust was already eroding before many of us arrived at the table. The scepticism was real, the scrutiny was justified, and the pressure on organisations to protect themselves from an increasingly unforgiving public environment was entirely understandable. But as the Edelman Trust Barometer continues its steady annual decline, I sometimes wonder how much of that erosion we have since built ourselves. Whether the old art of spin has, quietly and over time, spun the web we now find ourselves increasingly caught in.

 

We are what we rehearse

Ultimately, organisations become what they rehearse. And organisations that rehearse fear long enough eventually struggle to distinguish discomfort from danger, criticism from crisis, and the raised eyebrow from the burning building.

I want to be honest here: I don’t have clean answers to this, and I’m not writing from the outside looking in. I have been and continue to be rewarded for exactly this kind of thinking, incentivised to find the risk, name the threat, and walk into rooms as the person who could see what others couldn’t. I understand its seductiveness, because it works. It earns us a seat at the table in a way that few other professional postures do, and that feeling of being genuinely useful to leaders navigating real pressure is one of the main reasons I get up to go to work.

Which is perhaps why it is so difficult to notice when the thing that made us valuable has begun to make us and the organisations we serve, smaller.


 

The case for genuine accountability

When avoiding exposure becomes the primary organisational reflex, accountability starts to erode. Not through any conscious decision to evade responsibility, but because genuine accountability requires a willingness to be clearly and publicly wrong, and clarity has become precisely what these organisations fear most.

What emerges instead is the language of accountability without its substance: acknowledgement without admission, review without consequence, apology without change.

Into that vacuum our profession has enthusiastically poured the concept of authenticity. We have advised organisations to be more human, more genuine, more real. And they have listened, briefed agencies, approved strategies, and published content that performs authenticity with considerable production value while remaining perfectly, carefully, and strategically safe. Which is not authenticity at all. It is its most sophisticated impersonation, and audiences know the difference in their bones even when they struggle to articulate it.

The result is not dramatic scandal. It is something slower and more damaging: campaigns that lose their personality through endless risk management until what remains is technically inoffensive and completely forgettable, public statements nobody inside actually believes and nobody outside actually trusts, and organisations so focused on avoiding negative attention that they have been stripped of the distinctiveness that made them worth paying attention to in the first place.

It doesn’t happen often, and most leaders we work with are genuinely trying to do the right thing in genuinely difficult environments. But we recognise it when it does. Those moments when the organisation is so focused on managing the perception of a decision that the decision itself becomes secondary, and we are brought in to help bridge that gap rather than to challenge it. It is a role that can flatter our craft while quietly diminishing our purpose, and most of us who have been in this profession long enough have felt that tension from the inside.


Us at our best

Our role is not to eliminate risk from institutions. That is impossible, and the pursuit of it is its own kind of damage. Our role is to help organisations navigate uncertainty without becoming psychologically captive to it, and sometimes that means being the person in the room who says that the greater risk is not the one everyone is currently afraid of.

That takes judgement, perspective and the kind of confidence that comes not from certainty, but from experience. And it is, I think, the most valuable thing our profession has to offer when we are at our best.

An organisation that optimises exclusively for reputational safety may well protect itself from backlash.

But it will also, quietly and incrementally, protect itself from relevance.


Matthew (Matt) Thomas is Founder and Chief Catalyst at Stake: The Reputation Company, a Melbourne-based consultancy working across brand, reputation, communications, and public affairs. He has advised some of Australia’s largest private companies and has worked extensively with global organisations localising their storytelling and narratives for Australian audiences. His experience spans consumer, government, health, infrastructure, technology, and corporate reputation, including advisory work at all levels of government in Australia.

Matt’s work sits at the intersection of communications, behaviour change, and institutional strategy. He is also a contributor to the The Oxford Handbook of Social Purpose, writing on reputation, legitimacy, and the growing gap between organisational messaging and operational reality.

Read more from our columnists in The Earned View

Welcome
The Earned View

Welcome to The Earned View

Telum Media is all about creating connections between journalists and PR / comms practitioners. Key to that are the connections we forge with media outlets and newsroom leaders on the ground in each of our markets, and with PR leaders and industry bodies.

Today we launch The Earned View - a curated collection of senior industry figures, sharp operators, and KOLs from across the Middle East and Asia Pacific, who have earned the right to pen regular columns on their chosen areas of expertise.

From Acorn Strategy’s Kate Midttun in Dubai to The Savage Company’s Chris Savage in Australia, Ashbury CommunicationsAdam Harper in Singapore to PRINZ CEO Susanne Martin in New Zealand, each of our 12 columnists will bring a thought-provoking mix of analysis, opinion, and practical advice to Telum Media’s PR News pages.

We kick things off with Matt Thomas, Founder and Chief Catalyst of Stake: The Reputation Company, writing on the hidden cost of risk in his strategic communications and reputation column.