The Differences Between Board Room and Conference Room

In a world of collaboration, companies have often set up spaces for discussions and meetings. Two of the most popular options are board rooms and conference rooms. These spaces have similar functions however they differ in their purpose, design and ambiance. Understanding their differences helps businesses make the most efficient use of these valuable assets.

The primary purpose of the boardroom Nasdaq Boardvantage review is to host meetings of the company’s board of directors, a group of people elected by shareholders to manage the company. During these meetings are made important decisions about the company’s strategy policies, policy formulation and the major investments. These meetings are usually conducted on a regular basis at least once per business quarter.

Therefore, boardrooms must have an elegant and sophisticated ambience to reflect the seriousness of the discussions that take place within them. They should also be outfitted with the proper infrastructure to facilitate effective communication, including audiovisual equipment such as large screens, video conferencing, and projectors. Whiteboards are also often available to assist in note-taking and brainstorming.

Meeting rooms are more informal than boardrooms and are able to accommodate a variety of gatherings. For instance, they could be used for meetings with departments and presentations to clients, or discussions on team projects. Meeting rooms can also be utilized for virtual meetings, which can provide many benefits for board members, including increased attendance, decreased cost of travel, and more board member diversity. Virtual boards facilitate faster decision-making since they do not require everyone to be physically present to discuss and agree on a course of actions.