How performance underpins legitimacy in the boardroom

Saturday, 01 August 2026

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Elise Shaw
Content Specialist
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    Values and purpose shaped his move from board member to chair, but Joshua Duke GAICD says performance underpins legitimacy and boards need lived experience and diversity.


    Joshua Duke’s journey from corporate restructuring to the boardroom has been deliberate and defining, shaped by an early willingness to accept responsibility and to govern under pressure.

    A proud Dunghutti man, he is deputy chair of Bangarra Dance Theatre, independent chair of architecture firm Nguluway DesignInc, and inaugural chair of the Aboriginal and Torres Strait Islander Member Panel at Chartered Accountants Australia and New Zealand.

    Duke says his interest in commerce was influenced by watching his mother work as a bookkeeper. In 2018, he was invited to join the board of a struggling organisation that was facing a significant turnaround.

    “I understood the risks and personal liability that came with taking an appointment like that,” says Duke. “It wasn’t about boldness for its own sake. It was a rare opportunity to apply what I’d learned in a real-world context, under pressure and with real consequences.”

    After careful consideration, he joined the board.

    “We successfully restructured the business, stabilising its financial position while balancing creditor, staff and community expectations,” he says. “It reinforced how quickly reputational, financial and human risks converge at board level.”

    Duke notes the positive impacts of restructuring through similar appointments since then.

    “Looking back to see organisations still operating today, has been deeply rewarding,” he says. “It was early in my career and I was prepared to take responsibility. I took those appointments on because I believed in the organisations and because they were facing real moments of pressure, from turnaround to COVID.”

    Backed by data

    His board choices are guided by a desire to support organisations where he believes he can add genuine value, particularly in sectors others may regard as too complex or too risky. “You’ve got to work within your own risk appetite and your own capability, as board decisions have long tails financially, culturally and reputationally,” he says.

    Having overseen organisations with multiple millions in annual turnover, or governing entities where capital access is constrained, Duke says, “clear financial signals and disciplined metrics are essential to maintaining confidence, both internally and externally”.

    “Part of my motivation was to demonstrate to my community that we can lead and achieve outcomes comparable to our non-Indigenous peers.”

    Duke acknowledges his actions were backed by due diligence, data and knowing the numbers. He says his path is not for everyone. “But if you’ve made an informed decision, understand the risks and act with integrity, you can make a meaningful difference for an organisation and the community it serves.”

    From director to chair

    Moving from board director to chair occurred over seven years. Rather than following an executive-to-chair pathway, Duke’s governance experience developed through progressively more complex board roles, including audit, finance and risk leadership.

    Chairing audit and risk committees proved pivotal. It sharpened his understanding of capital allocation, risk appetite and organisational resilience, while reinforcing the discipline required of board decision making. He credits experienced directors around him who took a deliberate approach to succession planning and invested in his development. That exposure, he says, gave him both the confidence and the capability to step into a chair role.

    He sees capital allocation as one of the board’s most enduring responsibilities. “Every funding decision signals priorities to staff, partners and investors. Getting that wrong creates risk well beyond a single reporting cycle.”

    Through governing organisations operating at scale, under public scrutiny and with complex stakeholder, financial and regulatory expectations, Duke has developed a governance approach readily transferable to large and complex company environments. While values and purpose have shaped his career, he is clear that performance underpins legitimacy.

    Driven by relationships

    Duke has built a broad portfolio of experience, but notes that while many appointments are relationship‑led, sustained tenure is earned through performance, particularly when navigating complexity and scrutiny over time. He says those who aspire to be a chair should be aware that it’s a significant responsibility. “But when you’re well-prepared and clear on what the role requires, it becomes a powerful opportunity to shape culture, decision making and long-term outcomes.”

    At Bangarra, where he also chairs the audit, finance and risk committee, Duke says clarity about the board’s role has continued to shape his approach.

    “Arts organisations operate under intense scrutiny, constrained funding and very public stakeholder expectations. Governing in that environment sharpens decision‑making discipline. You learn how to pursue ambition responsibly, manage risk within tight constraints and lead through uncertainty.”

    Create space

    The mindset requires taking a step back and creating space for possibilities before narrowing down towards decision, says Duke, explaining there’s a need for robust debate, but without defensiveness.

    “Because people interested in the arts come from all different walks of life more broadly, it creates a culture of inclusion on the board. The arts have always been pushing creativity. The people are highly motivated towards excellence and are very innovative. Applying that mindset to the board keeps things future-orientated, not fixed on precedence.”

    He notes that in high-scrutiny environments, boards must be comfortable making difficult calls early, communicating them clearly and standing behind them as facts emerge.

    Create a mix

    Boards benefit from combining corporate capability with lived experience and diverse professional and personal backgrounds. “That mix strengthens oversight, foresight, hindsight and insight drawn from across other organisations from the directors,” says Duke.

    Hiring and retaining top talent is at risk if businesses ignore parts of the population. “Why would I stay at a company where I can’t visibly see a future there? Being able to incorporate other perspectives makes for more robust discussion, better-quality decisions, risk management and legitimacy in terms of what you’re doing,” he says.

    Looking towards the future and his directorships, Duke says, “I think the arts will always have my heart.” But larger institutions and policy shaping bodies “that I feel will contribute to the long-term success of the country” are part of his ambition.

    “What I’ve learned in the private sector is that I’m drawn to organisations with ambition, strong balance sheets to enable growth, and an appreciation of external accountability. Governing growth responsibly, particularly where capital deployment, scrutiny and long‑term value creation intersect, is something I’ve found both challenging and energising.”

    This article first appeared as 'Performance primed' in the Aug/Sep 2026 Issue of Company Director Magazine.

    Joshua Duke on diversity and culture

    → Commercial consideration: Diversity on boards is not a values question, but a commercial one. “Some 22 per cent of Australians speak a different language at home. If you don’t have someone on the board who understands what it means to live in that community, you’re missing a material part of your market. My lived experience is completely different to most ASX 300 directors. Overlay that with corporate acumen, varied interests and involvements across different sectors, and there’s greater diversity at the boardroom table for decision making.”

    → Stakeholders must be heard: Reporting culture is the clearest signal a chair is doing their job, so boards shouldn’t be discouraged if the data shows negative reports or complaints are increasing. “It’s great to see, because it means people feel comfortable reporting. That’s the culture you want.”

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