Message-ID: <2286508.1075840213347.JavaMail.evans@thyme> Date: Fri, 6 Oct 2000 02:16:00 -0700 (PDT) From: fred.philipson@enron.com To: kenneth.lay@enron.com Subject: Club Intrapreneur Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Fred Philipson X-To: Kenneth Lay X-cc: X-bcc: X-Folder: \Kenneth_Lay_Dec2000\Notes Folders\All documents X-Origin: LAY-K X-FileName: klay.nsf Mr. Lay, I hope you don't mind the unsolicited email. I am interested in founding an= =20 internal organization, or club within Enron. The club would require=20 executive support in order to be successful. I=01,ve therefore sent you a = high=20 level summary outlining the club=01,s objectives so that you could pass it = along=20 to the correct executive(s) for further consideration if you think the idea= =20 has merit. I anticipate operating this program on my own time, so the=20 incremental costs to the company would be minimal. Thank you in advance for= =20 your consideration. Fred Philipson Name Club Intrapreneur Mission of Potential Organization To nurture entrepreneurial concepts consistent with Enron strategies and=20 abilities, bringing them to the point of a written business plan through th= e=20 collective, informal participation of Enron employees. =20 Value Proposition The club will stimulate, nurture and capitalize on the innovation of=20 collective individuals within the organization, serving as a catalyst for= =20 developing businesses within Enron.=20 Problem Statement Many innovative ideas abound among Enron employees, yet they largely go=20 unshared or if shared, go undeveloped due to the present lack of a forum. = =20 Solution This internal club could foster these ideas, reducing these lost=20 opportunities. The club could serve as a repository of information,=20 referring concept development to receptive mentors that could add insight= =20 into an idea=01,s development.=20 Overview of club services ? Quarterly speakers from the business community giving brown bag seminars = at=20 Enron. These speakers could be entrepreneurship professors from Rice,=20 venture capitalists or even entrepreneurs from outside Houston. According = to=20 the Rice University Executive Education Office, Rice professors charge=20 $2,000/day, although many could be encouraged to speak pro bono, given thei= r=20 relationship with high-level Enron executives. These speakers can also co= me=20 from within Enron=01,s executive ranks, thereby further sharing knowledge a= nd=20 showing support for the club. ? Monthly seminar-format meetings between Enron executive sponsors and club= =20 members to review concepts and choose those that should be nurtured furth= er. ? Weekly, informal lunch meetings with club members discussing strategies a= nd=20 ideas, assigning action items, creating goals and targets for an idea=01,s = =20 development. ? Intranet site containing club meeting information, white papers, topics= =20 under discussion, links to relevant sites and an overview of Enron=01,s=20 strategic direction, which would serve as a template showing intrapreneurs= =20 the types of ideas Enron would be most interested in developing.