The board room is a place for important decisions to be taken. It is usually the place in which business policies are reviewed by those outside of the company. This can alter or even affect the lives of employees, consumers as well as shareholders and owners. It is crucial to ensure that from a legal perspective, the information and documentation of the discussion and debate are conducted in a way that allows the company to defend its decisions.
A boardroom is a place to meet space for the board of directors of a corporation comprised of a group of people elected by shareholders to run the company. Board members are tasked with keeping in contact with the CEO and other high-level executives, developing business strategies, and ensuring corporate integrity.
While a board room is the best environment for these meetings, it isn’t required for every organisation to have one. For meetings that require a small group, a simple meeting space will suffice. Modern boardrooms will have video conferencing systems with whiteboards, screens and whiteboards for remote meetings.
The word “board” that translates to table, is derived from the Latin “tabula”. The first use of the term occurred in the period of early colonial America when boards were established to manage and oversee the slave trade and plantations. The term became more popular in America as the rise of large corporations and the need to manage large sums of money, property and labour.
