Expand railway network: Suitability: T is a small country. Best areas are probably already served for passenger traffic.

But probably good for freight. If expansion is outside of T, even better. Pass. Acceptability: Should be acceptable to all key stakeholders. Pass. Feasibility: Yes If funding is available (currently has access to government funds for infrastructure expansion. That may change in the unseen). Pass (depending on funding). T Railways will also need the relationships to operate in a new country, if expansion is outside of T. Sustainability: If network expansion is within Country T, long term sustainability may be limited, given size of country. Also, the new routes may not be profitable, if they are in more remote areas of T. If expansion is outside of T, then longer term sustainability may be better, though there will be country risks and partnership risks operating in a new country Outsourcing some or all services:

Suitability: Meets key objective of being cost

efficient, particularly in regards to TPTS.

Acceptability: Govt and regulator should be ok, as

long as safety and performance are not compromised. But Unions (not mentioned in the preseen) may oppose, as it reduces their base if TPTS services were outsourced.

Feasibility: certainly doable, but T Railways needs

strong capabilities to monitor outsourced vendor, particularly in regards to safety related issues. No mention in preseen about T-Railways IT and monitoring capabilities. So may not pass this test, unless these capabilities are added in the unseen.

Sustainability: Yes, as it allows T Railways to focus

on what it does best -- running trains, and leaves the rest to specialist firms. Ideally outsourcing to a larger, pan-European services firm to run the stations and the network.

Diversifying portfolio into other forms of transport: Suitability: Suitable, as we are sticking to transport.
However, mission statement needs to change from "rail" to "transport." Also, builds on SWOT to capitalize on expanding road network. However, might clash with objective of reducing carbon emissions. So any new transport has to be energy efficient (e.g., electric buses)

Acceptability: Govt and regulator should be ok. But railway unions (not in preseen) could oppose. May need to promise the Union that any new company employees will be made to join the Union, so that they will not resist the plan. Feasibility: Preseen does not tell us much about T Railways capability to run other companies or transport assets. Capabilities appear limited. Ideally the new company comes with strong management and IT/scheduling systems that can improve T Railways. If so, then a Pass on Feasibility. If not, may not pass this test. Sustainability: Diversification will help in the long term as it reduces reliance on rail in a small country. Also, opportunity to better leverage our stations across other forms of transport, like buses. Split T Railways into 3 separate companies: Suitability: Congruent with mission of serving different customers more efficiently. Builds on SWOT by forcing development of KPI's for each company. E.g., TCL KPI's no longer tied to TPTS performance. Pass. Acceptability: Govt, regulator, and Board unlikely to oppose. Head of TPTS (not mentioned in the preseen)

may oppose, as he can no longer just pass on his costs to the other 2 divisions. May need to incent him to agree. Pass.

Feasibility: Does T railways have the management

bandwidth to run 3 separate companies? Doesn't seem so in the unseen. Also, need good transfer pricing capabilities, plus ability to coordinate network and resources effectively across the 3 firms. lack of good IT infrastructure (no IT mentioned in preseen) could hurt them here. No pass on feasibility, unless these capabilities can be added. Sustainability: By splitting into 3, in the long term, easier to sell part of the business, or outsource or JV as needed. Pass on sustainability Diversifying portfolio into other forms of transport: Suitability: Suitable, as we are sticking to transport. However, mission statement needs to change from "rail" to "transport." Also, builds on SWOT to capitalize on expanding road network. However, might clash with objective of reducing carbon emissions. So any new transport has to be energy efficient (e.g., electric buses) Acceptability: Govt and regulator should be ok. But railway unions (not in preseen) could oppose. May

need to promise the Union that any new company employees will be made to join the Union, so that they will not resist the plan. Feasibility: Preseen does not tell us much about T Railways capability to run other companies or transport assets. Capabilities appear limited. Ideally the new company comes with strong management and IT/scheduling systems that can improve T Railways. If so, then a Pass on Feasibility. If not, may not pass this test. Sustainability: Diversification will help in the long term as it reduces reliance on rail in a small country. Also, opportunity to better leverage our stations across other forms of transport, like buses.