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HP and Relational have entered into a letter agreement under which Relational will support the HP board, and the board will nominate and support Whitworth, for the next two years, as long as Relational continues to be a significant stockholder of HP. A copy of the agreement is included as an exhibit to a Current Report on Form 8-K filed by HP today with the Securities and Exchange Commission.
A strong risk culture is a prerequisite for good governance. Risk management must be a primary concern embedded in business processes, IT architectures, and the culture itself. Risk management that becomes an afterthought quickly becomes substandard. Organizations need a common nomenclature that promotes an understanding of risk supported by common systems of record that provide a “single version of the truth.” These are prerequisites for good governance.
For Microsoft, I think initially it was this idea to get into the fun, casual gaming market, but I think it’s become more than that. There’s this device out there now that’s being developed, and people are doing amazing things with it. I think it’s wonderful that Microsoft has brought this device to market and has the forethought and courage to see that it’s something super unique and is able to do something so much more than games and what other input devices are able to do.
