The board room is an area where important decisions are taken. It is usually a place where individuals outside the company validate business policies that could affect or alter the lives of employees, shareholders, and consumers. From legal perspectives it is imperative that the documentation and information of the discussions and debates are conducted in a way that the company can defend its decisions.
A boardroom is a place to meet space for the board of directors of a company, a group of people chosen by shareholders to oversee the business. The board members are responsible of maintaining strong communication with CEOs as well as other top executives. They also design business strategies and safeguard corporate integrity.
A board room is ideal for these types of meetings however it’s not necessary that every organisation has one. A simple conference room could be sufficient for meetings that require a smaller group. Modern boardrooms include video conferencing with whiteboards, screens and whiteboards for remote meetings.
The term “board” refers to table, originates from the Latin “tabula”. The term was first used in the early years of colonial America when boards were formed to manage and control plantations and slave trading. The word began to gain popularity in the United States with the rise of corporations and the need to manage large amounts of money, property and labor.
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