Question

what should Enron corporation do to save the Enron? Give me some examples?

Answer 1

Enron was known for its innovation at a time but it was fail to maintain its place in the US Energy industry. To save its business it might take following actions,

1) Enron asks to Federal government to help it by supporting through bailout packages.

2) It should use social media and other media to clarify the issues of many stakeholders.

3) It should use an internal auditing system to clarify any doubts regarding books of account.

4) It must get support from industry's partners as well as from the commerce chambers.

5) It should release a statement saying that it will return the invested money of the shareholders so as to regain the faith of the customers as well as investors.

6) For example: It might launch some new business segment like restaurant chains or retail grocery stores so as to strengthen its business in near future.

7) It must sell some of its assets to make the payment to the associated vendors, employees, clients etc.  

Even, it can make a joint venture with GE, BP, Suzlon, and Ericsson etc. like companies to save its rest of the business assests and client base globally.