A board room is a gathering space that is reserved for the board of directors (or the equivalent of a company’s) to meet to make high-level decisions and governance. During these meetings, the board of directors will discuss and make decisions on important issues that affect everyone from the employees that a corporation employs to the investors who own the shares. The board is accountable for various matters that include strategic direction, financial planning, and the formulation of policies. While the term boardroom is often used to refer to a room specifically arranged for such purposes, meetings can also be held in conference rooms or other areas which can accommodate the entire group of directors or the entire team.
In recent times, there has been a renewed push to increase diversity in boardrooms and other levels of leadership. There are many tools available that allow companies to conduct virtual meetings to ensure that diverse voices are heard during crucial process of decision-making.
Despite the increasing interest in the diversity of leadership positions, there remain many hurdles to be overcome in regards to gender equality. One of the biggest hurdles is that there are a variety of views on what constitutes a proper job for men and women in business. In this article, Yealink explores these differences and outlines the steps to achieve gender equality in the workplace.
https://www.yourboardroom.org/what-factors-improve-the-effectiveness-of-the-board-of-directors/