Growth strategies for rail networks in a volatile, uncertain, complex and ambiguous (VUCA) environment

Abstract

Our report aims to analyze success factors that affect railway network in different development stages. This report focuses on three countries that currently is at different development stages; developed stage, developing stage and less developed stage, them being The United States, China and Indian respectively. The selected economies will be individually examined of their economic status and challenges faced in railway network. After which, the results will be used to make comparisons between the different development stages to make informed recommendations on how their rail industry shall be developed. With the comparison reference, this report serves to provide a framework for countries that is in the midst of developing their rail network to know the critical success factors that they have to focus on, as well as a guideline for the evaluation of their progress. Strategies has been recommended based on lesson learnt from other countries’ existing railway model.