Enron Mail

From:wanda.curry@enron.com
To:sally.beck@enron.com
Subject:FW: Operational Risk Management
Cc:
Bcc:
Date:Tue, 16 Oct 2001 15:51:56 -0700 (PDT)


Sally, I have scheduled this meeting for Thursday afternoon. Have you decided on contacts from GRMO and IT.

Thanks,
Wanda
-----Original Message-----
From: Curry, Wanda
Sent: Thursday, October 11, 2001 5:44 PM
To: Kilchrist, Shawn; Parsons, Andrew; Bharati, Rakesh; Kohli, Sandeep; Walker, Mark A.; 'john.e.sorrells@us.andersen.com'
Cc: Beck, Sally
Subject: Operational Risk Management

I want to move forward with scheduling the initial meeting of the Operational Risk Management task force. How does Tuesday, October 16th and the afternoon of Thursday, October 18th look for everyone? Please let me know your schedule for both of these dates. Most of the task force members have been identified, with the exception of those from GRMO and IT. Sally Beck will identify representatives from these two areas. I would also expect that other individuals may be consulted from time to time as additional expertise or resources or required.

I intend to schedule a two-hour block of time for this meeting. The agenda will include, at a minimum, the following topics:

Definition of Operational Risk for Enron - What's in and What's Out
Preliminary Goals for Operational Risk Management (to be refined by the group)
Develop Common Language
Identify Framework for Monitoring Risk
Role of this task force - Strategy
Set common objectives for implementation this year and a look forward to 2002
Current Initiatives
Communications Plan
Open Discussion - Other Ideas from the group
- Suggestions re other groups/individuals to include on the task force


I am excited about leading this initiative for Enron. We have a unique opportunity to define operational risk measurement for Enron, develop reporting guidelines, and provide qualitative assessments of operational risk, all of which will be considered during the risk capital allocation process. But most importantly, we can identify ways to mitigate Enron's exposure to operational risk. Please call if you would like to discuss any of the above prior to the meeting.

Thanks,
Wanda Curry