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Enron Mail |
Mike, sorry for the delay..... lots going on including low value add in board
meetings and PRC's. Lets set up this discussion with the following points: a) we are not exiting Argentina; b) we need to right-size the overall organization to fit the business opportunity; c) if possible on the commercial front, I would like to consolidate intellectual assets to one location in order to generate greater productivity, increased team work, a flatter org chart, real time decision making and greater communication; d) we need to continue to maintain a strong presence (including customer coverage) in both markets including an office in Argentina; and e) I would like to consolidate all non-commercial activity for ESA to Sao Paulo. Ultimately, I would like a very flat, commercially focused trading and origination organization (given limited resources) that prioritizes resources based on the highest value transactions independent of geography, retail vs wholesale or development vs commodity. However, I want to keep a strong presence in both markets and understand the language, political and cultural issues. I may be asking for my cake and eat it too; however, I believe that you guys will find the balance. There is no need for you to leave Argentina - its up to you, Joe and Orlando to determine consistent with the business model we are trying to move forward. Propose to me a plan that manages your concerns but gets us as close to these ideals as possible at a cost that is reasonable. Please work with Joe and Orlando as part of this process. Regards Delainey
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