The Board Room
The board room is the place for crucial decisions to be made. It is often the setting in which business policies are evaluated by outsiders of the company. These decisions can influence or even alter the lives of consumers, employees as well as shareholders and owners. It is essential to ensure that from a legal perspective, the information and documentation of the deliberations and discussion are conducted in a way that allows the business to defend its decisions.
A board room is a space used for meetings of a board of directors of a corporation comprised of a set of individuals elected by shareholders to oversee the business. Board members are responsible for maintaining a strong relationship with the CEO and other top executives, developing business strategies and protecting corporate integrity.
A board room is perfect for these types of meetings, but it isn’t required for every organization to have one. A simple meeting space can be adequate for meetings that require a small group. A modern boardroom will have a video conference system, whiteboards and screens for meetings that can be conducted remotely.
The term “board” originates from the Latin “tabula” meaning table. The term was first utilized in early colonial America when boards were created to govern and control the slave trade and plantations. The term gained more popularity in America due to the growth of large corporations and their requirement to manage large quantities of capital, property and labour.
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