MBAmaterials Crises in Indian Railways mbamaterials wordpress com

MBAmaterials Crises in Indian Railways mbamaterials. wordpress. com MBAmaterials

Introduction • First Indian railway was established on 16 th April, 1853 • Largest rail network under one management. • Carries approx. 30 million passengers daily • Reach in remote part of the country • Demand of the railway is increasing day by day mbamaterials. wordpress. com MBAmaterials

Problems of Indian Railway • Political Instability • Lack of proper management • Freight business is running on credit • Passenger business has children's problem • Advertising business- Negative ROI • Inadequate infrastructure • Inefficient receivable management • Unable to update advance technology • Overcrowding, lack of universal design mbamaterials. wordpress. com MBAmaterials

Option Available Efficient and effective utilization of available resources Development of required infrastructure Division of department Effective Receivable management Training to employee Adoption of New technologies Modern design of rail coach. Railways protection forces to escorts the passengers mbamaterials. wordpress. com MBAmaterials

Evaluation of Available option Options Advantages Disadvantages 1. Optimum Efficiency will be utilization of increased available resources a) Cost will increase b) Return may not be as estimated 2. Infrastructure Development Effective operation take place 3. Division of department Operational efficiency Departmental cost will increased increase mbamaterials. wordpress. com MBAmaterials

Options Advantages Disadvantages 4. Training to employee Efficient operation Increases the cost 5. Adoption of advanced technologies a) Efficient operation b) Creates value Adoption will increase cost a) Attracts the 6. Advanced design of rail passengers coach b) Facilities are added Cost will increases 7. Railways protection Forces Protection forces will increase the cost mbamaterials. wordpress. com Passenger feel safe to travel. MBAmaterials

Optimum Solution 1. Optimum utiliasation of available resources 2. Division of various department • • Operating and Traffic (Transportation) Department Medical Department Accounts Department Security department etc. 3. Adoption of new technology • Online reservation system • Train safety devices 4. Advanced universal designed with added facilities 5. Railways protection forces for safety. mbamaterials. wordpress. com MBAmaterials

Implementation • Available human resources can be utilized by providing the training. • Various department is divided to operate day to day transaction /activities in such a way that one department/employee’s work can be checked by next. • Children safety measures should be implemented. • Required policies to run railway should be formulated and revised accordingly, coordination between policy level and implementing level should established. • Proper advertisement policies, rate, places of advertisement and innovative advertising means should be used. mbamaterials. wordpress. com MBAmaterials

Implementation • Advanced technologies like global distribution system for ticketing should be adopted. And high technology for passenger safety i. e. train safety devices like train protection and warning system. • Attractive modern design of coach with added facilities and comfort and universally apply in the rail all over the country. • By introducing protection forces to escort the passenger in sensitive areas. • IR can create the special safety fund by replacing old asset of rail. mbamaterials. wordpress. com MBAmaterials

mbamaterials. wordpress. com MBAmaterials