The Differences Between Board Room and Conference Room
In the age of collaboration, businesses have often set up spaces for meetings and discussions. Two of the most sought-after alternatives are board rooms and conference rooms. These rooms have similar functions, but they differ in design, purpose and the atmosphere. Understanding their differences will allow companies to make the most of these important resources.
A boardroom’s primary purpose is to host meetings of the company’s board of directors. This is a set of shareholders who elect the https://boardroomfoundation.com/board-portal-vs-board-management members to oversee the company. During these meetings, key decisions regarding the company’s strategic direction along with policy formulation, as well as major investment decisions are taken. These meetings are held regularly at least once per quarter.
As such, boardrooms need to have an elegant and formal atmosphere to reflect the seriousness of discussions that take place in them. They should also be equipped with the proper infrastructure for effective communications, including audiovisual equipment, like large screens, video conferencing and projectors. Whiteboards are also often used to assist in note-taking and brainstorming.
Like boardrooms meeting rooms are more casual and are designed to accommodate a variety of different kinds of meetings. They can be used, for example, for departmental meetings or presentations for clients. Meeting rooms can also be utilized for virtual meetings, which offer several benefits to the board members, including increased attendance, lower expenses for travel, and greater board member diversity. Virtual boards enable faster decision-making since they don’t require everyone to be physically present in order to discuss and decide on a course of actions.
