What Is a Board Room?
A boardroom is the space where the board of directors or its equivalent (or the equivalent of a corporation) can gather for high-level governance and decision making. In these meetings, the board of directors will debate important issues that affect everyone, from the employees working for an organization to the shareholders who own its shares. Common issues that fall under the control of the board include strategic direction as well as financial planning, policy formulation and major investments. While the term boardroom is usually a reference to a room specifically designed for these purposes, meetings can also be held in conference rooms or other areas which can accommodate the entire team or director group.
In recent times, there has been an effort to increase diversity within the boardroom and other positions of leadership. There are several tools that allow companies to conduct virtual meetings in order to ensure board of directors effectiveness that voices from different perspectives are heard during crucial process of decision-making.
There are many hurdles that hinder gender equality, despite this increasing interest. One of the biggest hurdles is the fact that there are many different perceptions about what constitutes a good role for men and women in the business world. In this article, Yealink explores the differences and provides the steps needed to ensure gender equality at work.