The Board Room

The board room is an area for crucial decisions to be taken. It is usually a place where individuals outside the company can validate business policy decisions that affect or alter the lives of shareholders, employees and customers. It is crucial that, from a purely legal perspective, the data and find more info documentation of the discussions and deliberations are conducted in a manner that allows the company to defend its decisions.

A board room is a space to hold meetings of a board of directors of a corporation, a group of individuals chosen by shareholders to run the company. Board members are responsible for maintaining a strong relationship with the CEO and other top executives, forming business strategies and preserving corporate integrity.

While a board room is the best environment to hold these meetings it’s not required for every company to have one. A simple conference room could be sufficient for meetings that require a small group. A modern boardroom will include a video conference system, whiteboards and screens for meetings that can be conducted remotely.

The word „board“ is a reference to table, originates from the Latin „tabula“. The term was first utilized in early colonial America when boards were formed to oversee and control plantations and slave trading. The term became more popular in America as the rise of large corporations and their need to manage large sums of cash, property and workers.