In a world of collaboration, businesses have often designated spaces for meetings and discussions. Two of the most popular options are board rooms as well as conference rooms. Despite their similar functionality, these spaces differ in terms as well as design and atmosphere. Understanding their differences allows companies to make the most of these important resources.
The main function of the boardroom is to host meetings of the company’s board of directors, which is a group of individuals who are elected by shareholders to lead the company. In these meetings, crucial decisions regarding the company’s strategy policies, policy formulation and the major investments. These meetings are held regularly at least once every quarter.
Boardrooms should reflect the seriousness and formality of discussions that are held. They must also have the appropriate infrastructure to facilitate efficient and effective communication, which includes audiovisual equipment like large screens and projectors, as well as video conference capabilities. In addition, whiteboards are usually available to aid in note-taking and brainstorming.
Meeting rooms are more informal than boardrooms, and can accommodate a variety of different gatherings. They can be used, for example for departmental meetings or client presentations. Meeting rooms can also be used for virtual meetings. This provides several advantages for board members like increased attendance and decreased travel costs. Virtual boards also allow for more efficient decision making because they do away with the need to wait until everyone is present to discuss and settle on the procedure.