- Research Area: Decision Sciences
- Industry: Turnaround in Transportation/ Railways
- Region: Asia
The case describes the transformation of Indian Railways, the world's largest employer with over 1.4 million employees, from near-bankruptcy to a profitable and viable business. We follow Sudhir Kumar, Officer on Special Duty to the Minister of Railways, as he deals with the various constituencies in this highly successful turnaround of a government-run institution.
- Highlight the importance of managing stakeholders in a turnaround process - Delivering results in a highly political environment
Turnaround and Transformation in Corporations, Negotiating with Stakeholders, Managing Stakeholders in a Trunaround Situation, Financial Distress