A boardroom is a formal gathering held in a room specifically created for this purpose, also referred to the boardroom. It can be found within a company, or any other organization. This is where high-level decisions, which often affect the employees of a business as well as investors who hold its shares, or the overall economy is made. Meetings can be scheduled quarterly or monthly, with occasional meetings to address urgent issues. They typically follow a prescribed format and agenda. They are usually private, and participants typically sign non-disclosure agreements.

The term is also used to describe a space within a stockbroker’s office, where market prices and stocks are displayed. The earliest references are to rooms in the London Stock Exchange building.

Conference rooms and boardrooms may serve similar functions but they are distinct spaces with their own unique Extra resources characteristics and ambiance. The difference between them is in the exclusivity, size and layout, as well as the integration of technology. Understanding these differences helps businesses optimize their effectiveness and efficiently make use of both spaces.

Diversity and inclusion are quickly becoming more than just buzzwords in boardrooms and executive suites across the world. As the movement gains momentum numerous companies are changing their culture in fresh and innovative ways, as well as adopting new policies to ensure that their employees reflect their customers. There is much to be done and the best place to begin is in the boardroom.