What is a Strategy?
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Strategy domain attributes
Attribute | Description | Example |
Title | The name or title of the Strategy | Predictive Track Maintenance Program |
Description | A detailed explanation of what the Strategy entails | Implementation of AI-powered track defect prediction system across Class I networks |
Purpose | The intended purpose or function of the Strategy within the Organization | Reduce track-related accidents by 35% through early defect detection |
Owner | The individual or team responsible for the Strategy | Director of Track Technology Innovation |
| The Organization unit(s) to which the Strategy is most closely linked. | |
Objectives | Specific measurable targets to achieve strategic goals | Deploy sensors on 85% of mainline track by 2026 |
Key Activities | Critical actions necessary to implement the Strategy | Sensor installation, data integration, predictive model development |
Resources | Resources allocated for the Strategy implementation | $145M budget, 23 technical staff, 4 AI systems |
Timeline | The timeline for achieving the Strategy | 36 months: 2024-2026 |
Performance Indicators | Metrics used to measure the success of the Strategy | Defect prediction accuracy: 92%, False positive rate: <3% |
Dependencies | Other strategies Initiatives or processes that the Strategy depends on | Track geometry measurement systems, weather monitoring network |
Related Strategies | Strategies that are related or linked to this Strategy | Digital Track Inspection Program, Rail Stress Monitoring |
Risks | Potential risks associated with the Strategy and its implementation | Sensor reliability in extreme weather, data quality issues |
Improvement Opportunities | Areas where the Strategy can be enhanced or improved | Expand to Class II railroads, integrate with PTC systems |
Strategic Alignment | How the Strategy aligns with the Organizations strategic goals and objectives | Directly supports 25% accident reduction goal |
Business Objective | A specific measurable goal that a company aims to achieve to support its overall Strategy | Reduce unplanned track maintenance by 40% |
Parent | A high-level Strategy that provides overarching principles or rules guiding business operations | FRA Technology Modernization Plan |
Child | A specific Strategy that falls under a broader parent Policy | Rail Temperature Monitoring Strategy |
Strategy objective Element
Sub-Element | Description | Example |
Title | The name or title of the strategic objective | Zero Highway-Rail Grade Crossing Accidents |
Description | A detailed explanation of what the strategic objective entails | Eliminate all accidents at highway-rail grade crossings through technology and education |
Purpose | The intended purpose or function of the strategic objective | Protect public safety at rail crossings |
Owner | The individual or team responsible for the strategic objective | Grade Crossing Safety Director |
| The Organization unit(s) to which the strategic objective is aligned | Highway-Rail Grade Crossing Division |
Metrics | The measurable indicators used to assess the success of the objective | Accidents per million train-miles: 2.8, Crossing signal compliance: 99.2% |
Timeline | The timeframe within which the strategic objective should be achieved | 5-year implementation: 2024-2028 |
Stakeholders | The Stakeholders involved or affected by the strategic objective | Railroads, State DOTs, Local communities |
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