In a world of collaboration, businesses have often designated spaces for meetings and discussions. Two of the most popular choices are board rooms and conference rooms. These rooms have a similar function but differ in purpose, design and atmosphere. Understanding their differences will allow companies to make the most of these important resources.
The main function of a boardroom is hosting meetings of the company’s board of directors, which is a group of individuals who are elected by shareholders to oversee the company. In these meetings, crucial decisions regarding the strategic direction of the company along with policy formulation, as well as major investments are made. These meetings are usually conducted regularly, at https://boardroomfoundation.com/ least once per business quarter.
As such, boardrooms should have an elegant and formal atmosphere to reflect the seriousness of the discussions that are held in them. They should also have the appropriate infrastructure to facilitate efficient and effective communication, including audiovisual equipment like large screens or projectors as well as video conference capabilities. Whiteboards can also be used for brainstorming and making notes.
As opposed to boardrooms meetings rooms are more informal, and are designed to host a variety of different kinds of meetings. They can, for instance, be used for meetings with departments and presentations to clients, or team project discussions. Meeting rooms can also be used for virtual meetings, which can provide numerous advantages to board members, including greater attendance, less expenses for travel, and greater board member diversity. Virtual boards also facilitate more efficient decision-making because they do away with the need to wait until everyone is present to discuss and agree upon the best procedure.