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Enron Mail |
Thanks for the list. One clarification: What do you mean by the sentence starting "How challenged are we really . . ."
-----Original Message----- From: Sherriff, John Sent: Tuesday, August 21, 2001 1:34 AM To: Kean, Steven J. Subject: Management Committee Meeting Steve Here are a few thoughts on the management committee meeting at the Woodlands: I would stay away from a general reporting on what is happening if at all possible - and focus on a few things we really need to work on as well as a few things we should remind ourselves are going quite well. If we only focus on the problems I fear the group will walk away a bit demoralized. Second - I think we should move to many things getting driven by subcommittees of the Management committee. And then the recommendations sometimes being approved by the Management committee. Here are a few subjects that we should touch on and initiate debate but not try and solve - get them started and turn over to a subcommittee: PRC process Diversity Giving the right signal to our business about the value and cost of capital What new businesses do we have going? Is now the right time for Xcelerator? More detailed external financial reporting How do we describe ourselves to the outside world and inside world? What messages do we want to modify? What are the characteristics where our business model works and doesn't work? How well is our RAC process really working? We are a business where our biggest cost is people and that cost has blown out during the last few years - do we need to think about our biggest cost any differently than we did five years ago? How challenged are we really in getting substantial credit for Enron now that it our credit spreads. Enron's normal new business mindset has been to overwhelm an opportunity - EBS, EES, power. When this works it really pays off but in today's financial markets is a more conservative approach warranted? Anyway those are just a few ideas. One of the things we might do tomorrow is solicit ideas from the entire committee (in writing) and work on those items of most interest. John
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