A board room is a conference space used for discussions between the top company decision makers. It’s a place where major decisions are made, and these decisions can affect everyone from the employees of the company to investors that hold shares. The boardroom should be quiet and comfortable space for people to talk freely.
In a boardroom that is real, a large table is usually present that can accommodate the entire team of directors or the staff of an organisation. The room is typically soundproofed to ensure that conversations do not easily overheard. When the boardroom isn’t in use, it is equipped with storage cabinets to hold audio-visual equipment. A few modern boardrooms are equipped with LED video walls which can be used as a screen for projectors or for presentations.
A board of directors is a set of people who are elected by shareholders to manage the operations of a business. They are accountable for setting broad goals, supporting executive responsibilities and ensuring that the business is financially healthy. They also have the responsibility of identifying risks that could affect the business and taking steps to mitigate them. The board of directors for a company could include individuals who are experts in law or accounting among other areas. Some of the most successful companies have a board that this is diverse. This enables them to make better decisions and offer different perspectives.