In a world of collaboration, businesses have often designated spaces for discussions and meetings. Board rooms and conference rooms are among the most sought-after options. These rooms have a similar function, but they differ in their purpose, design and ambience. Understanding the differences between them allows https://boardroomfoundation.com/ companies to make the most of these valuable resources.

The primary purpose of a boardroom is to house meetings of the company’s board of directors, which is a group of people elected by shareholders to manage the organization. At these meetings, important decisions regarding the company’s strategy policies, policy formulation and the major investments. The meetings are regularly scheduled at least once every quarter.

Boardrooms should reflect the seriousness and formality of discussions taking place. They should also be outfitted with the right infrastructure to allow for efficient communication, which includes audiovisual equipment like large screens, video conferencing, and projectors. Whiteboards can be used for brainstorming as well as taking notes.

Meeting rooms are more informal than boardrooms, and can accommodate a variety of different meetings. For example, they can be used for departmental meetings and presentations to clients, or group project discussions. Meeting rooms can also be used for virtual meetings. This brings many advantages for board members including increased attendance and reduced travel expenses. Virtual boards also permit better decision-making as they don’t have to wait until everyone is present to discuss and agree upon the plan of action.