What does the term 'Board' refer to in an organizational context?

In an organizational context, the term 'Board' refers to a group of members who are empowered to act on behalf of the organization. This typically includes making decisions, providing oversight, and guiding the direction of the organization. Members of the board are usually elected or appointed to fulfill these responsibilities, and they often have legal authority to make decisions that affect the organization’s operations and policies.

The essence of a board is its ability to make binding decisions rather than merely offering suggestions or participating in informal discussions. This distinguishes it from other types of organizational groups that may not have the same level of authority or responsibility. For instance, while committees can form to address specific issues, a board has a broader mandate and is often tasked with significant governance roles.