The Billionaire's Past novel Chapter 10

CHAPTER 10

Boardroom is a place where only selected members of the board is present to discuss and plan.

The primary function of a boardroom is to house meetings of a company’s board of directors, a group of individuals elected to represent shareholders’ interests.

Board members use the boardroom to discuss and decide how to handle the company’s most pressing issues

Boardrooms contain a big enough table and an adequate number of chairs to seat all those present and be located in a setting that promotes privacy.

As its name implies, the boardroom is best known as a room used by a company’s board of directors, a group of individuals elected by shareholders to represent them and protect their interests.

Board members can generally be divided into three categories

First, the Chairman:

An individual who heads the board and is responsible for ensuring that it runs smoothly. Elected by the board of directors, a chairman's duties typically include maintaining strong communication with the chief executive officer (CEO) and other high-level executives, formulating the company's business strategy, representing management and the board to the general public and shareholders, and preserving corporate integrity.

Second, the Inside Directors:

These board members are either shareholders or high-level managers from within the company, such as the chief operating officer (COO) or the chief financial officer (CFO). Their main tasks include approving high-level budgets prepared by upper management, implementing and monitoring business strategy, and giving the green light to core corporate initiatives and projects.

Third, the Outside Directors:

Unlike inside directors, these individuals are not directly part of the management team. They do, however, have the same responsibilities. The role of an outside director is to offer external insights, providing unbiased and impartial perspectives on issues brought to the board.

The frequency of meetings between members of a board of directors varies, depending on the type and size of the company. Usually, gatherings of board members would be expected to occur in a specially designated boardroom at least every business quarter.

A quarter is a three-month period on a company's financial calendar that acts as a basis for periodic financial reports and the paying of dividends.

A quarter refers to one-fourth of a year and is typically expressed as "Q1” for the first quarter, “Q2” for the second quarter, and so forth.

Quarterly reports are a crucial piece of information for investors and analysts.

1:00 pm Thursday, in Bosnia and Herzegovina

H & A Summit Holdings, Inc. boardroom.

Atif is on the boardroom conducting a meeting with the board members of H & A Summit Holdings, Inc.

His grandfather Haris is on business trip to the capital city that’s why Atif conduct the meeting as a representative of his grandfather.

The first agenda of the meeting is about the quarterly financial reports and the paying of dividends.

Second is about the new business that his grandfather Haris wants to open.

A manufacturing company which products are perfume.

Atif start his discussion about the business proposal.

And now he is discussing about the raw materials needed in manufacturing a perfume.

“Perfume is mixture of fragrant essential oil and aroma compounds, fixatives, and solvents used to give the human body, objects, a living spaces a pleasant smell…”this is what Atif is discussing when his phone chirped and vibrated on his pocket. He wants to pull it out and read the message but he can’t for he is in front of the board members discussing.

Atif knew that the message is from Aliyah for it is 8:00 pm now, in Asia time zone.

He used to the time when Aliyah send a message.

Atif knew that Aliyah is waiting for his reply but he can’t reply for he is so busy right now doing his job.

He has no time to reply.

“…. And about the supplier of the raw materials I already found a good company to supply our needs.” Atif continue his discussion.”

His phone chirped and vibrated on his pocket again.” Ah, what is her problem?” Atif think that maybe Aliyah has a problem again this time and need someone to talk with it.

“Our target customer for example are millennial women, young men and…” Atif continue his discussion presenting the target market of the new project.

For the third time around, his phone chirped and vibrated.

Once again he wants to read the message and reply but he cannot.

He is finished discussing the whole project proposal but he is busy answering the questions of the board members.

They hit Atif with too many questions not because they don’t agree with the new project but they are interested on it.

The new project was approved by the board because they are convinced with the presentation of Atif.

In the next board meeting they will discuss about the implementation of the new project.

After an hour the meeting is adjourned.

Then the board members leave the boardroom one by one after talking to Atif with some clarification and congratulate him for being in charge of the new project.

They believe that if Atif handle the business it will become successful.

And for sure they will gain more profit more than what they expected.

For Atif is a smart guy, he can handle and manage every business assigned to him by his grandfather, Haris successfully.

When all the people leaves the meeting room, Atif immediately pull his phone from his pocket.

He was correct. He got a message from Aliyah.

“Hello. “The first message of Aliyah.

“How are you? “The next message of Aliyah.

“Can I ask your opinion about something? The last message of Aliyah.

“Yes, tell me what it is.” He is typing his reply when his secretary enter the boardroom.

“Excuse me Sir. Your grandfather arrived and he wants you to come to his office. He wants you to give a report on the result of the board meeting.”

“Okay. Tell him I’II be there in ten minutes.”

“Yes Sir. “The secretary leaves the boardroom.

Atif gather all his folder and documents he used in the meeting.

He prepared to go to the office of his grandfather.

But he spent another three minutes on the boardroom waiting for Aliyah’s reply.

He knew that once he enter the office of his grandfather, Haris, he cannot reply again to Aliyah.

The three minutes was passed.

He got no reply from Aliyah.

He take a deep breath and walk outside the boardroom.

He is heading toward the elevator to go up to the 10TH floor where his grandfather’s office located.

While walking he is staring on the screen of his phone because Aliyah sent a reply to him.

Unknowingly, because he is not looking on where he is going he accidentally bumps on the beautiful lady standing in front of the elevator and about to press the button when Atif bumps on her.

“Ooops! I’m sorry.” Atif apologize to the lady.

“It’s okay but next time you should watched the way where you going. The lady accept Atif apology with a smile.

Atif can’t deny the fact that he is mesmerized by the beauty of the lady when she smile. He didn’t noticed that he stare at the face of the lady a few seconds.

The lady noticed it.

She ask Atif, “Why are you staring at me?”

“Nothing.” Atif answer. By the way I’m Atif. He introduced himself.

“Yah, I knew you. You’re so popular here. You will be the next chief executive of H & A Summit. “The lady answer.

Atif couldn’t say anything. He just smile and press the button of the elevator to open.

“Anyway I’m Nea.” She introduce herself to Atif.

When the elevator open they both enter.

“So where are you going Nea?” Atif asked Nea.

“On your grandfather’s office.” Nea answer.” I will bring these documents to him.”

Nea show the documents to Atif. “How about you Atif? Where are you going?”

“To my grandfather’s office.” Atif answer.

The elevator reached the 10th floor.

They both enter the chief executive office.

Haris gladly welcome them.

Nea is a daughter of the manager in one of the Subsidiaries Company in H & A Summit Holdings, Inc.

Atif tell the result of the board meeting to Haris while Nea give the documents that Haris requested from Nea’s father.

For it’s almost end of the office hours, Haris suggested to Atif that he drive Nea home for her car got a problem when she go in here at H & A Summit Holdings, Inc.

Without hesitation Atif agreed to his grandfather for he can’t deny that he wants to know Nea better and he notice that Nea feel the same way too.

She wants to know more about Atif.

Even though she already knew who is he this is the first time they talk in person.

She is interested on Atif.

For they are both interested in getting to know each other they agreed to have dinner first before Atif drive Nea home.

6:00 pm, Thursday, in Bosnia and Herzegovina

1:00 am Friday, in Asia

Nea and Atif have their dinner in the restaurant owned by Atif’s friend.