Famous quote by Jeffrey Skilling

"We were building a - what I thought was a fantastic company. We had great people. We were changing - we were changing the way the marketplace operated. We were creating a market for natural gas and electricity that had never existed before"

About this Quote

Jeffrey Skilling, the former CEO of Enron, made this declaration reviewing the ingenious and enthusiastic atmosphere that characterized the business throughout its prime time. The quote captures both the optimism and the innovative spirit that drove Enron to quick development and considerable market impact before its notorious collapse.

When Skilling refers to constructing "a fantastic business", he underscores the belief in Enron's prospective to reshape the energy sector. This suggests a deep commitment to development, which was apparent in how Enron sought to transform the energy market. By leveraging deregulation in energy markets and pioneering brand-new trading and risk management practices, the company was undoubtedly at the forefront of market transformation.

He applauds the "great people" at Enron, highlighting the skilled workforce that was key to driving development and company culture. Enron was understood for its aggressive and competitive work environment, which attracted leading skill. This echoes Skilling's belief in the ability and intelligence of his group to perform the difficult new organization designs the business embraced.

Skilling stresses "altering the way the marketplace ran", which talks to Enron's disruptive effect. Enron's move to create a market for gas and electricity trading was groundbreaking. The business essentially turned energy into a financial product, opening up brand-new dynamics in how energy was bought, sold, and hedged. This improvement lined up with Skilling's vision and highlighted his belief in Enron's capacity to modify standard market paradigms.

Finally, creating "a market for gas and electrical energy that had never ever existed before" points to the pioneering element of Enron's organization model. It highlights the ingenious, albeit high-risk, ventures the business undertook to produce brand-new organization opportunities and profits streams. Despite this aspiration leading to devastating failure, the quote catches the preliminary entrepreneurial spirit and groundbreaking aspirations that specified Enron throughout Skilling's period.

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About the Author

USA Flag This quote is written / told by Jeffrey Skilling somewhere between November 25, 1953 and today. He/she was a famous Criminal from USA. The author also have 12 other quotes.
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