www.boardroomchallenge.com/what-is-a-board-director
The boardroom of the future will be a place specifically designed to promote health and well-being of its members. It will also be a place that encourages the use of digital technologies to ensure a more efficient and effective meetings.
Furniture for meeting rooms, for example, will need to be flexible to allow many people to participate in the same conference without compromising privacy or efficiency. The space should have modern acoustic technology and high-quality sound design to ensure that in-person and virtual attendees can be clearly heard. Natural light will be needed to reduce eye strain during meetings. According to a recent Harvard Business Review study, natural lighting is the most sought-after office perk, eclipsing more traditional and predictable options like cafeterias and fitness facilities on the premises.
Other technological innovations that could be helpful in the boardroom include real-time analytics, “living” management information taking the concepts of infographics and dashboards one step further and crowdsourcing technology which can give an outside perspective from the perspective of stakeholders. These tools will help the board better evaluate risks and provide more solid foundations for making decisions.
In the future, the boardroom will also need to include more sustainability experts. This will require board members who are knowledgeable about the effects of business activities on the environment including climate, biodiversity, and human rights. It will also require new skills, including the ability to assess the impact of ESG on the long-term financial performance.
