POD Section 11
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Railway Organisations Business Context
You will need to understand the railway business organisations - their environments , ownership , finance and organisational structures .
Railway Organisations Business context covers four main sections : 1 . How businesses in general and railways in particular are organised and financed ; 2 . The development of railways as part of a country ’ s development ; 3 . Governance and regulation of rail ; 4 . The objectives , constraints and organisational structures of your railway .
How good is your knowledge ?
Complete this self-assessment to see how well you know this subject area and what you can do to improve your knowledge and experience .
Essential Knowledge & Experience Elements The effect of putting customers first in your business
Understanding the business case for and against rail in the context of the national transport requirements in your country
Your business organisation - the environment , the market , ownership and finance , organisational structures , strategy , planning and control and other stakeholder organisaitons
Stakeholders / organisational / contractual and other interfaces The place of innovation and systems thinking in railway organisations
Governance of the rail industry - relationships between governments and railways e . g . RAIB / ORR / DfT
Understanding of other organisations influencing your individual railway company such as owning groups , infrastructure providers and train operators , rolling stock suppliers and other industry bodies
Understanding of track access models for passenger and freight services e . g . franchises and concessions .
Quantifying and attributing costs of development projects as an input to project appraisal and taking that project through to implementation
Total points
0 None
1 Basic
2 Moderate
3 Good
Add up your score using one point for Basic , two for Moderate and three for Good . Use your combined score to see suggested activities on the opposite page .
Chartered Institution of Railway Operators