Posts tagged “walt mart

Indian Railways’ Turnaround and Pakistan Railways in crises allaround

While reading the book of Organizational Behavior, I reached at the appendix in which comprehensive cases of some individuals (Arnold Schwarzenegger, Mahatma Gandhi etc) and some successful Business organizations like Walt-Mart, Apple Inc. were given. I continued to turn the pages to reach at the end of book. Suddenly I saw a heading “Indian Railways: A Turnaround Story”. I started to read this story.
You would tend to think that what is special in it. . .The reason why i took interest in reading is that Pakistan Railway is going through a crises and is going constantly in decline from past few years, so success story of same department of neighboring country pulled all my attention.

The book states :

Indian Railways, the largest bureaucratic organization in the world, made a surplus of INR 130 billion in 2005-2006 and of about 200 billion INR in 2006-2007……
How can the indian Railways, which was running into losses or marginal surplus for years together show such results ? Surplus was as low as 1.49 billion in 1999-2000. Lalu Parsad Yadav, the minister of railways of government of India, has been able to bring in positive results. He reposes faith in 1.4 million employees of Indian Railway.

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