Memo from Rick with attachment

You may have an interest in this. FYI Rick
---------------------- Forwarded by Rick Buy/HOU/ECT on 02/08/2001 05:58 PM
---------------------------

From: Pam Metoyer
02/08/2001 02:53 PM

To: Connie F Estrems/NA/Enron@Enron, Lisa Connolly/NA/Enron@Enron, Erik
Kingshill/NA/Enron@Enron, Flavia Negrete/NA/Enron@Enron, Carol
North/NA/Enron@Enron, Felipe Ospina/NA/Enron@ENRON, Paulo
Squariz/SA/Enron@Enron, Marlene L Clifford/HOU/ECT@ECT, Rosalinda V
Gonzalez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Amador
Granado/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sherri Griffin/Corp/Enron@Enron,
Karen L Harrison/HOU/EES@EES, Sheila Hester/ENRON_DEVELOPMENT, Melissa C
Knightstep/HOU/ECT@ECT, Dianne Langeland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Richard Lauer/HOU/ECT@ECT, Donna Lowry/HOU/ECT@ECT, Shemeika S
Landry/Corp/Enron@ENRON, Monique Shankle/Corp/Enron@ENRON, Louis
Sherrod/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shelli Smith/NA/Enron@Enron,
Steven Watson/ENRON_DEVELOPMENT, Donna Wackerle/Corp/Enron@Enron, Debbie R
Brackett/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Rick Buy/HOU/ECT@ECT,
Lesli Campbell/HOU/ECT@ECT, James L Copeland/HOU/ECT@ECT, Russell
Diamond/HOU/ECT@ECT, Bradley Diebner/Enron@EnronXGate, Veronica
Espinoza/Corp/Enron@ENRON, Veronica Gonzalez/HOU/ECT@ECT, Walter
Guidroz/NA/Enron@Enron, Molly Harris/HOU/ECT@ECT, Karen K
Heathman/HOU/ECT@ECT, Rudwell Johnson/NA/Enron@ENRON, Wendi
LeBrocq/Corp/Enron@Enron, Nidia Mendoza/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT,
Tracy Ngo/PDX/ECT@ECT, Martin O'Leary/HOU/EES@EES, Paul
Radous/Corp/Enron@ENRON, Brant Reves/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT,
Edward Sacks/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Chris
Sloan/LON/ECT@ECT, Teresa Seibel/NA/Enron@ENRON, Christopher
Smith/HOU/ECT@ECT, Darren Vanek/NA/Enron@Enron, Jane Wilhite/NA/Enron@Enron,
Jason R Williams/NA/Enron@ENRON, Mark Bonney/HOU/ECT@ECT, Andre
Cangucu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Arleen Duran/HOU/ECT@ECT, Anila
Hoxha/NA/Enron@Enron, Cindy Hudler/HOU/ECT@ECT, Bill McKone/HOU/ECT@ECT, Mark
Ruane/HOU/ECT@ECT, Jeffrey A Soo/HOU/ECT@ECT, Shelia Benke/Corp/Enron@Enron,
Ethel Koskas/NA/Enron@Enron, Philip Polsky/NA/Enron@Enron, Kortney
Brown/HOU/ECT@ECT, Juan Cabrales/NA/Enron@Enron, Santiago
Garcia/NA/Enron@Enron, Felipe Ibarra/NA/Enron@ENRON, Mateo
Vegalara/NA/Enron@ENRON, Mark A Walker/NA/Enron@Enron, Lynn
Bellinghausen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Denise
Naiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Bobbie Campbell/HOU/ECT@ECT, Rick
Bittner/Corp/Enron@Enron, Rick L Carson/HOU/ECT@ECT, Becky
Caudle/HOU/ECT@ECT, Ken Curry/HOU/ECT@ECT, Sonya M Gasdia/HOU/ECT@ECT,
Kenneth Horton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kevin Jolly/HOU/ECT@ECT,
Maribel Mata/Corp/Enron@Enron, Stephanie McGinnis/HOU/ECT@ECT, Keith E
Power/HOU/ECT@ECT, Monica Reasoner/HOU/ECT@ECT, Don Rollins/HOU/ECT@ECT,
Sharon E Sullo/HOU/ECT@ECT, Lea Savala/GPGFIN/Enron@ENRON, Adam
Watts/Corp/Enron@ENRON, Ding Yuan/Corp/Enron@Enron, Naveen
Andrews/Corp/Enron@ENRON, Matthew Adams/Corp/Enron@ENRON, Sunil
Dalal/Corp/Enron@ENRON, LaCrecia Davenport/Corp/Enron@Enron, Frank
Economou/NA/Enron@Enron, Xochitl Figueroa/NA/Enron@Enron, Vladimir
Gorny/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Frank
Hayden/Corp/Enron@Enron, Rita Hennessy/NA/Enron@Enron, Andy
Knight/Corp/Enron@ENRON, Christian LeBroc/Corp/Enron@ENRON, Nick
Paraschos/Corp/Enron@ENRON, Rebecca Phillips/HOU/ECT@ECT, David Port/Market
Risk/Corp/Enron@ENRON, Monica Reasoner/HOU/ECT@ECT, Manfred
Roenz/Corp/Enron@Enron, Araceli Romero/NA/Enron@Enron, Cassandra
Schultz/NA/Enron@Enron, Jason Sokolov/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT,
Veronica Valdez/HOU/ECT@ECT, Rudi Zipter/HOU/ECT@ECT, Darin
Schmidt/NA/Enron@ENRON, Ding Yuan/Corp/Enron@Enron, Minal Dalia/HOU/EES@EES,
Bharat Khanna/NA/Enron@Enron, Darin Schmidt/NA/Enron@ENRON, Mark E
Thomas/NA/Enron@Enron, Ted Murphy/LON/ECT@ECT, Karen L Barbour/HOU/ECT@ECT,
David Crews/Enron Communications@Enron Communications, David
Gorte/HOU/ECT@ECT, James Hachen/NA/Enron@Enron, Bradford Larson/HOU/ECT@ECT,
James Ledlow/HOU/ECT@ECT, Pam Metoyer/HOU/ECT@ECT, Randy
Petersen/HOU/ECT@ECT, Jack Schlemmer/HOU/ECT@ECT, Chip
Schneider/NA/Enron@Enron, Michael Tribolet/Corp/Enron@Enron, Emy
Geraldo/NA/Enron@ENRON
cc:
Subject: Memo from Rick with attachment

Rick Buy
02/08/2001 02:25 PM

To: All RAC Houston & London Employees
cc:
Subject: RAC Teams

As mentioned in our floor meeting recently, attached are listings of teams
that we are forming to better address the business needs of Enron as it
expands both in volume and scope. Supervisors of each RAC sub group provided
the names for the groups with the understanding that they may have to be
adjusted from time to time. Only the more senior people were included, but
others will be included as appropriate. Many will have to be
multidimensional. There will be no formal leader of the teams because each
member is responsible for the activities of the team, regardless of the RAC
group that you are in. Following are several thoughts concerning this process
for consideration.

- The purpose of this exercise is to better serve the customer, the
commercial business units and achieve this within our control framework.
- Ancillary benefits include cross training of RAC employees and heightened
awareness of RAC issues. "De-silo-ization" .
- All existing reporting relationships remain unchanged, for the moment.
- Successful implementation of this effort will require a positive attitude
among the teams.
- Existing RAC responsibilities remain in effect.
- Teams should meet weekly, at least, to discuss issues. Transactions will
require more frequent informal meetings.
- There are no excuses for forgetting to consider the impact on a deal of
credit, market risk or our portfolio.
- All team members are responsible for all aspects of a transaction. Offer to
help out if needed.
- If formal cross-training is necessary, force it to happen.
- Encourage weak links in team to perform.
- Each quarter RAC management will conduct portfolio reviews of the business
unit with the team present. This may take one quarter to implement.
- If it makes sense to sit together for logistical reasons try to arrange it
with your supervisor.
- Individual performance on the teams will be strongly considered in the PRC
and compensation processes.

The existing EES team has been quite successful and in large part was a
catalyst to the recent reorganization there. You can have an impact.

This process should begin immediately.

Thanks in advance for your cooperation in this effort.

Rick