What Is Contract Grade Furniture Commercial Grade

29 Apr.,2024

 

What Is Contract Grade Furniture Commercial Grade

Designers seek contract grade furniture, rather than residential furnishings, for good reason.  So, what is contract grade furniture? Contract grade furniture, also called commercial grade, not only appeals to our visual and emotional senses but it is built to last in high-traffic environments. Contract grade furniture is designed for commercial use. It is made to withstand consistent heavy use in areas for years to come and must hold up to multiple, frequent cleanings.

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Beaufurn Contact Furniture comes in many styles, finishes, and fabrics. Our furnishings are properly proportioned for comfort and style and suitable for use in many settings, including lobbies, lounges, and other public spaces. Moreover, Beaufurn commercial furniture manufacturing takes place in the USA.

Furniture for Commercial Use

Designers who are designing a space specifically for a commercial/contract environment (i.e., Hotel, restaurant, senior living, college/university) will seek out contract grade furnishings. Depending on its venue destination and use, contract grade furniture must meet certain regulations and specific quality standards.

The best designs can make the busiest spaces still feel welcoming, nearly like home, using commercial grade furniture. Our furnishings offer both style and strength, the ideal combination in contract grade furniture.

Beaufurn furniture is manufactured for high use, with finishes that stand up to high cleaning standards and multiple washings.

Standards in Commercial Furniture

Many healthcare fabrics, for instance, are bleach-cleanable and our chairs feature removable cushions for ease of cleaning. Fabrics and finishes are stain-resistant with moisture barriers to keep furniture looking new years after purchase.

A reputable manufacturer of commercial grade furniture will test its fabrics and its finishes to ensure longevity and integrity. Many Beaufurn designs in the Health Care line use fabrics with anti-microbial finishes tested to withstand more than 90,000 double rubs and some up to 1.3 million double rubs.

The new Senior Living Collection by Beaufurn employs functional, yet timeless designs to meet the needs of today’s modern senior. Many options that cater to senior living are available, such as adjustable and removable seats, casters, front wheels, handles, and more. Fabrics and water-based wood finishes can withstand repeated cleaning.

Often, designers can specify and source the materials used for upholstering a custom piece of furniture. Manufacturers will state that COM (customer’s own material) is accepted. Beaufurn commercial furniture is fully customizable for finishes and upholstery options.

For instance, the Haley Uph Chair comes with a fully upholstered back and is available with Graded Fabric or COM and any Standard Wood Finishes.  Ideal for Restaurants, Airports, Hotels and Universities.

Commercial grade restaurant furniture typically will have foam padding in a density above 2.0, and it must also meet stringent safety codes, such as CAL 133/fire barrier codes.

Contact us to learn more about our contract grade furniture to enhance your spaces.

Chair: Definition in Business, Responsibilties, Vs. CEO

What Is a Chair?

A chair is an executive elected by a company's board of directors who is responsible for presiding over board or committee meetings. A chair often sets the agenda and has significant sway as to how the board votes. The chair ensures that meetings run smoothly and remain orderly, and they work at achieving a consensus in board decisions.

Key Takeaways

  • A chair is an executive elected by a company's board of directors who is responsible for presiding over board meetings.
  • A chair often sets the agenda and has significant sway as to how the board votes.
  • The CEO runs the company and is the person that company executives report to, but since the CEO is appointed by the board, the chair can influence who will be chosen as CEO.
  • In some companies, the roles of CEO and chair are combined, which can reduce transparency and accountability due to fewer checks and balances.

Understanding a Chair

The chair heads up the board of directors for a company. A board of directors is a group of individuals elected to represent shareholders. A board’s mandate is to establish policies for corporate management and oversight, making decisions on major company issues. The board of directors should be a representation of both management and shareholder interests and, typically, consists of both internal and external members. Every public company must have a board of directors.

The board is tasked with making important decisions, which can include corporate officer appointments, executive compensation, and dividend policy. As a result, the chair has significant power and clout when it comes to influencing decisions made by the board.

The chief executive officer (CEO) runs the company and is the person whose company executives report to, but the CEO is appointed by the board. So a chair can influence who will be chosen as CEO or to lead the company. However, in most cases, the chair doesn't get involved with the CEO's responsibilities, which helps maintain clarity of roles and separation of powers.

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As more women take on chair positions at leading organizations, some confusion has arisen over the correct title to use (i.e., "chair" or "chairwoman"). Christine Lagarde, who was managing director of the International Monetary Fund (IMF), decided on the term "Madame chair of the executive board" for the position.

Chair vs. CEO

The chair is a different position than that of the CEO and can be either a non-executive or executive position. In some companies, the roles of CEO and chair are combined, which can reduce transparency and accountability due to fewer checks and balances, which are created by having two separate positions with separate job functions.

While the chair of the board has several supervisory abilities, the CEO’s primary responsibilities include all major corporate decisions, ranging from day-to-day operations to managing company resources, serving as the main point of communication between the board of directors and other executives. Also, a CEO often has a position on the board.

The CEO's role depends on the size, culture, and industry of the company. For example, in small companies, the CEO will often take on a more hands-on role, making a range of lower-level choices, such as interviewing and hiring of staff.

In larger (e.g., Fortune 500) companies, the CEO typically deals with macro-level strategy and the direction of growth. Other tasks are delegated to division executives. CEOs set the tone and the vision for their organization and are responsible for executing the strategy to achieve that vision. Typically, CEOs of major corporations are well known to investors, shareholders, and analysts, while chairmen or chairpersons usually remain out of the spotlight.

Although the CEO runs the company, the chair is considered a peer with the other board members, and it's possible to overrule a CEO's decisions if the board votes together.

The chair can have significant power and clout when it comes to influencing decisions made by the board including choosing the CEO.

Examples of a Chair

JP Morgan Chase & Co. (JPM) combines the positions with Jamie Dimon as both the CEO and chair of the financial services company.

Apple Inc. (AAPL) splits the roles, with Tim Cook holding the CEO position while Arthur D. Levinson holds the chair position. Mr. Levinson was the former CEO and chair of Genentech and is currently the CEO of Calico.

On the other hand, Meta (META), formerly Facebook, has one role for Mark Zuckerberg as Founder, Chair, and CEO of the social media giant.

As stated earlier, some companies have the CEO and chair roles as separate positions while others combine the roles. In the case of founder-led companies, it's common to see the founder have multiple roles including chair and CEO. However, over time, the roles might be bifurcated in founder-led companies if the financial results are not up to par or the founder wants to move on to other endeavors.

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