Message-ID: <15891836.1075846393451.JavaMail.evans@thyme> Date: Wed, 15 Dec 1999 00:20:00 -0800 (PST) From: james.steffes@enron.com To: terence.thorn@enron.com Subject: Re: Working Groups Cc: jose.bestard@enron.com, nicholas.o'day@enron.com, richard.shapiro@enron.com, harry.kingerski@enron.com, steven.kean@enron.com, margaret.carson@enron.com, rita.hartfield@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: jose.bestard@enron.com, nicholas.o'day@enron.com, richard.shapiro@enron.com, harry.kingerski@enron.com, steven.kean@enron.com, margaret.carson@enron.com, rita.hartfield@enron.com X-From: James D Steffes X-To: Terence H Thorn X-cc: Jose Bestard, Nicholas O'Day, Richard Shapiro, Harry Kingerski, Scott Bolton@ENRON COMMUNICATIONS@ENRON_DEVELOPMENT, Hap Boyd@ENRON@ENRON_DEVELOPMENT, Joe Hillings@ENRON@ENRON_DEVELOPMENT, Ricardo Charvel@ECT@ENRON_DEVELOPMENT, Steven J Kean, Margaret Carson, Rita Hartfield X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\Working groups X-Origin: KEAN-S X-FileName: skean.nsf Terry, etal - In response to Terry's comments, I have prepared an outline of what I think the Regulatory Risk Managment & Assessment Working Group will do. Key tasks: 1. assist with the completion of the Regulatory Risk Management Process - do we have the right information - is the process leading to the right conclusions - etc. 2. act as chief liason for my group in Houston with the people in Government Affairs throughout the world - explain the process - explain the purpose - help with questions from Government Affairs people thoroughout the world 3. act as Audit "device" for Mitigation plans - make sure that the Mitigation plans are followed through on by responsible party 4. provide oversight for "risk" assumptions - act somewhat as a neutral third-party for reasonableness of basic assumptions - ensure that the broader political context is captured in the modeling 5. other - ??? In terms of work load, I would hope that once the process is up and running, the work load will be minimal. Clearly I would like the Working Group to stay informed of Enron's current Regulatory Risk position, but I don't think that this will be more than some overviews and responses to questions from my direct team. Given this structure, I would hope that people with political knowledge and regulatory expertise are included. For this effort, I need a team of people who understand every region of the world (or at least know how to find out about a specific country). I hope this helps. Thanks, JDS Terence H Thorn@ENRON_DEVELOPMENT 12/14/99 05:22 PM To: James D Steffes@EES, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nicholas O'Day/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard Shapiro@EES, Harry Kingerski@EES, Scott Bolton@ENRON COMMUNICATIONS, Hap Boyd@ENRON, Joe Hillings@ENRON, Ricardo Charvel@ECT cc: Steven J Kean@EES Subject: Working Groups We've all been looking carefully at the working group lists trying to decide who belongs on what group, what the focus of the groups will be, and where they can bring expertise and make the greatest contribution or perhaps be involved in a new area that will add to their knowledge and experience. Since Steve wants to finalize the groups close of business Friday, it would be great if each of you could put out a brief description of the working group or Maureen could put out a composite that includes answers to these questions: What will be the primary focus of the group? What types of issues will be dealt with? What type (skills, experience, perspective) will you be looking for? For example, Joe Hillings has a huge 41 company association working on the WTO/Energy Services negotiations that draws and involves people across Enron. Joe- what will be the focus of this new group and what incremental value do you see it adding. Is there one special area that isn't being addressed? Or are you formalizing the informal group we already have working in this area? Is the plan to sign up for a group and then collectively decide what to work on? Quite simply, what's the charter? Others questions that we can discuss together on Friday include: Who is the customer for the work product? If an area of compensation/performance evaluation is based on the success and participation in these groups, who decides if the product is valuable or the group was a success? How do we determine the greatest value project? Where is the interface with the commercial people? Isn't the bottom line contribution the ultimate determinator of success? How do we seek and involve people outside Houston who aren't involved in a topic area, someone like Stella Chan in Korea or a member of the India team? People who would benefit from greater exposure both for their growth and contribution. We have a wonderful opportunity with the consolidation of these groups to formalize a system that transfers knowledge and experience across Enron. We also have tremendous existing work loads, we are some what resource constrained so that participation in these groups has to make a high value contribution to Enron's commercial challenges. These are great general topics with strong leaders. Let's take the next step and zero in on the details.