Metta Led Insights

Psychological Safety: The Board's Ultimate Risk-Management Asset

Written by Dr Elizabeth King | 05/07/2025 6:35:36 AM

 

When silence becomes the greatest risk

When the board of Company X approved a disastrous merger, at least three directors harboured serious reservations. None of them spoke up. In the aftermath, what appeared to be incompetence was revealed to be something far more common and far more dangerous: a systemic failure of psychological safety.

The most catastrophic governance failures share this same thread. Critical information existed within the organisation, but the conditions for honest dialogue were absent. This is a breakdown of what scholars describe as "heedful interrelating", the capacity for directors to think and act with careful respect for others, enabling candid conversation about complex challenges. When heedful interrelating breaks down, boards lose access to the very information they need to govern. As The Boston Consulting Group notes, boards must foster cultures that enable, rather than constrain, difficult conversations.

For directors to feel confident speaking up, honest dialogue must be embedded in the DNA of the organisation. Making open communication part of the organisation’s core identity ensures every voice is heard and directors are equipped to raise issues before risks escalate.

 

The Neuroscience of Silence and Safety

Amy Edmondson's foundational research on psychological safety reveals its neurological basis. When individuals perceive social threat such as fear of embarrassment, criticism, or exclusion -  the brain's threat-detection system activates, suppressing the cognitive networks responsible for creative thinking, pattern recognition, and complex analysis.

Brain imaging studies show that psychologically unsafe environments literally reduce directors' capacity for the higher-order thinking that governance requires. The amygdala hijacks processing power from the prefrontal cortex, shifting focus from strategic reasoning to social survival.

Conversely, a psychologically safe environment activates the brain's "approach system," which is associated with curiosity, collaboration, and creative problem-solving. In these settings, directors demonstrate sharper pattern recognition and a greater willingness to share the minority perspectives that are often crucial for spotting risk.

Its a compelling argument for cultivating candid conversation.

From Safety to Wisdom

Psychological safety is the soil in which leadership wisdom grows. As my research with Kate Norbury and David Rooney into "Coaching for Leadership Wisdom" found, wise leaders integrate both rational analysis and intuitive concerns. This requires an environment where directors feel safe enough to be vulnerable. As we noted, "to be wise, one must first of all have been unwise." A board cannot learn if its members do not have the safety to get it wrong.

This principle is battle-tested in the most extreme environments. Studies of high-reliability organisations (HROs) by Karl Weick and Kathleen Sutcliffe show that psychological safety is a non-negotiable requirement for effective risk oversight. HROs are preoccupied with failure and refuse to simplify complex interpretations. They create cultures where reporting problems and questioning assumptions are actively rewarded, enabling the weak signal detection that prevents crises.

A Framework for the Mindful Board

Drawing from these principles, we can outline a maturity model for boards to build psychological safety as a core asset.

  • Level 1: Leader Modelling. The Chair demonstrates vulnerability by acknowledging their own knowledge gaps and actively seeking perspectives that challenge their assumptions.
  • Level 2: Inquiry Culture. The board establishes explicit norms where curiosity is valued over certainty and minority perspectives are actively sought.
  • Level 3: Failure Learning. The board regularly examines near-misses and small failures as learning opportunities rather than occasions for blame.
  • Level 4: Dissent Protocols. The board uses systematic processes for exploring disagreement, such as designated devil’s advocates or structured debate.
  • Level 5: Truth-Telling Rewards. Directors who surface uncomfortable realities are publicly recognised and reinforced, even when the news is inconvenient.

 

Putting the Framework into Practice: Four Ways to Build a Safer Boardroom

Building this culture of "heedful interrelating" can begin immediately.

  1. Start with Vulnerability. At your next meeting, have each director share one area where they feel uncertain or would value the board's collective input. This simple act of modelling by all members can dramatically improve the quality of subsequent discussions.
  2. Run a "Pre-Mortem." Before approving a significant decision, spend fifteen minutes imagining it has failed spectacularly. Brainstorm all the reasons why it might have gone wrong. This practice normalises dissent and often reveals hidden risks that traditional SWOT analysis misses.
  3. Publicly Reward Courageous Voices. When a director raises a challenging question or a dissenting view, thank them publicly—even if their concern isn't ultimately validated. This sends a powerful signal that truth-telling is valued more than superficial harmony.
  4. Measure Your Progress. You cannot manage what you do not measure. Use tools like the Mindful Director Assessment Survey (MBAS) to get a clear diagnostic of your board's culture. Tracking metrics on directors' comfort with expressing different perspectives provides a clear path for improvement.

Psychological safety is about comfort, which in turn leads to enhanced cognitive performance. It is the bedrock of the "heedful interrelating" that allows a board to transform risk from a threat to be feared into an opportunity to be navigated with wisdom.

Resource Download

Psychological Safety Assessment 

References

  • Boston Consulting Group. (2024). The Expanding Agenda for Boards of Directors.
  • Edmondson, A. (2019). The Fearless Organization.
  • King, E., & Badham, R. (2019). Mindfulness at work: A critical re-view. Organization.
  • King, E., Norbury, K., & Rooney, D. (2020). Coaching for Leadership Wisdom. Organizational Dynamics.
  • King, E., & Murdoch, V. (2021). Mindful Board Assessment Survey. EGOS Conference. 
  • King , Murdoch and Breinza  - Mindful Board Assessment Survey (In Press)
  • Weick, K., & Sutcliffe, K. (2015). Managing the Unexpected.

Next article:
Purpose-to-Agenda Line-of-Sight: ensuring board time aligns with organisational mission and strategic priorities.

Dr E. King researches mindful governance practices and co-authored "The Wheel of Mindfulness." Additional resources available at www.drlizking.com.