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In the boardroom, critical decisions are taken. It is often the setting where the company’s policy decisions are validated by people outside of the business that could alter or even affect the lives of consumers, employees, shareholders and owners. It is therefore important that, from a strictly legal standpoint, the information and documentation of the discussion and debate take place in a way that allows the business to defend its decisions.
A board room is an area used to hold meetings of the company’s board which is a group of people elected by shareholders to run the company. Board members are responsible for maintaining a strong relationship with the CEO and other top executives, devising business strategies and maintaining the integrity of the company.
A board room is ideal for these kinds of meetings but it isn’t necessary that every company has one. A simple meeting room can also suffice for meetings that require a smaller group. Modern boardrooms include video conferencing systems with whiteboards, screens and whiteboards for remote meetings.
The word “board” refers to table, comes from Latin “tabula”. The first time that we heard of the term occurred in the era of the early colonial America when boards were set up to oversee and control the slave trade and plantations. The word was more popular in the United States with the rise of corporations and the need to manage huge amounts of property, money and labor.
