The boardroom is the highest-level meeting area within an company or organisation where key decisions are made. These meetings usually involve the board of directors, a group of individuals elected direct communication opportunity by shareholders to oversee and protect their interests in the company. They are responsible for strategic planning, financial policy formulation and supervision. They also help companies fulfill their legal and ethical obligations.

As such, the room should be large enough to accommodate everyone present at the meeting. It must also be secured to allow participants to discuss sensitive topics without fear of hearing eavesdropping or interruptions from outside. The meeting typically follows a structured agenda and is governed by Robert’s Rules of Order or similar procedures for parliament. Additionally, the meeting is usually confidential and participants are typically bound by non-disclosure agreements.

A meeting space is more versatile than a boardroom. The latter may host brainstorming sessions, team-project discussions, client presentations, and so on. It is essential for companies to understand how these spaces differ to be able to allocate and make use of them according to their needs.

The boardroom is a crucial element of the efficiency of many organizations. It is not always necessary, however, to invest in a fully-equipped boardroom to facilitate large-scale meetings. Virtual board rooms are increasingly sought-after because they allow businesses to hold important meetings with a more diverse crowd, regardless of where they are located.