In Extra resources the boardroom, critical decisions are taken. It is the location where business policy decisions are validated by people outside of the company. These decisions can alter or even affect the lives of employees, customers as well as shareholders and owners. It is therefore important that, from a strictly legal point of view, the information and documents regarding the deliberations and discussions are conducted in a way that allows the business to defend its decisions.

A board room is a space to hold meetings of a corporation’s board of directors members, who are elected by the shareholders to oversee the company. Board members are accountable of maintaining strong communication with CEOs as well as other top executives. They also formulate business strategies and maintain corporate integrity.

A board room is ideal for these types of meetings, but it isn’t required for every organization to have one. If you are planning a meeting that requires a smaller group, a basic meeting room is enough. A modern boardroom can include a whiteboard, a video conference system and screens for meetings that can be held remotely.

The term “board” that translates to table, comes from Latin “tabula”. The term was first used in colonial America when boards were established to oversee and control slave trade and plantations. The term began to gain popularity in America due to the growth of large corporations and the need to manage large sums of money, property and labour.