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As mentioned in our floor meeting recently, attached are listings of teams that we are forming to better address the business needs of Enron as it expands both in volume and scope.
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Supervisors of each RAC sub group provided the names for the groups with the understanding that they may have to be adjusted from time to time.
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Only the more senior people were included, but others will be included as appropriate.
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Many will have to be multidimensional.
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There will be no formal leader of the teams because each member is responsible for the activities of the team, regardless of the RAC group that you are in. Following are several thoughts concerning this process for consideration.
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- The purpose of this exercise is to better serve the customer, the commercial business units and achieve this within our control framework.
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- Ancillary benefits include cross training of RAC employees and heightened awareness of RAC issues.
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"De-silo-ization" .
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- All existing reporting relationships remain unchanged, for the moment.
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- Successful implementation of this effort will require a positive attitude among the teams.
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- Existing RAC responsibilities remain in effect.
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- Teams should meet weekly, at least, to discuss issues.
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Transactions will require more frequent informal meetings.
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- There are no excuses for forgetting to consider the impact on a deal of credit, market risk or our portfolio.
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- All team members are responsible for all aspects of a transaction.
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Offer to help out if needed.
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- If formal cross-training is necessary, force it to happen.
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- Encourage weak links in team to perform.
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- Each quarter RAC management will conduct portfolio reviews of the business unit with the team present.
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This may take one quarter to implement.
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- If it makes sense to sit together for logistical reasons try to arrange it with your supervisor.
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- Individual performance on the teams will be strongly considered in the PRC and compensation processes.
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The existing EES team has been quite successful and in large part was a catalyst to the recent reorganization there.
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You can have an impact.
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This process should begin immediately.
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Thanks in advance for your cooperation in this effort.
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Rick
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You may have an interest in this.
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FYI Rick
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fyi, rick
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fyi, rick
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No further Board approval is required.
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I'm told that new products on EOL require the lawyers to get involved but that will happen when you request to put the product online.
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Rick
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What do you think.
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Probably ok I guess.
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Rick
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I'll be in New York.
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They will have to fly solo on this.
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Rick
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Great news.
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Thanks for the heads up.
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Rick
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What do you think.
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Probably ok I guess.
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Rick
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I'll be in New York.
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They will have to fly solo on this.
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Rick
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No problem publishing- fake numbers, fake names and the real deal was not done.
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Should be pretty safe.
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Rick
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Great news.
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Thanks for the heads up.
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Oscar, Please also provide updates of No.2 and LPG inventories.
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Paul
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Sounds like a great trip.
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I'm going to have to work on Renee about diving.
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Masks (anything around her face) make her claustrophobic (spelling???).
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She can wear a ski mask, however, so she can probably get used to a scuba mask.
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Have a great time.
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Paul
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Gary, Please resend the above report to me on April 12th.
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I am travelling and the size of the report is giving me difficulties replicating my e-mail.
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Thanks, Paul
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All of my time was "regular" time.
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Thanks, Paul
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Please see the attached doc.
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Call me to discuss 5-5855.
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Thanks, Paul
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Kathleen, Congratulations, This is truly great news.
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I am so happy for you.
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Remember all of the little people when you are hugely famous.
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Love, Paul
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Dana, It is very nice to hear from you.
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You are in Dallas, right?
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How is your family?
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Well ...
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yes I am living in Houston again.
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I still work for Enron ...
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I just returned from a business trip to the Middle East and India ...
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it was interesting but too long.
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Guess what ...
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I got married on March 17th.
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Guess to whom ...
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Renee Freyou from Port Neches.
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Can you believe it!!!
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You can call me toll free at my office 1-800-973-6766, Press 1 to transfer to an extension, Press 55855 for my extension.
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It will be great to talk to you.
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I hope that you are doing very well.
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Paul
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FYI
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I am not the person that you need to speak with.
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Try Larry Boe at 6-7583.
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Paul
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Clay and Wayne and I talked today and agreed that Conditions of Use agreements for Dabhol, Oman, and possibly Abu Dhabi would be a good starting point.
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Let's talk with Clay tomorrow morning Houston time.
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Are you in the Enron office in Dubai?
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Paul
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The attached spreadsheet allows you to easily calculate Eco's year-end LNG inventory for a variety of cases that vary dispatch rate, # days of outage for CT1, and number of cargoes diverted between now and year-end.
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