User:Busty Okundaye

Busty Okundaye

Busty Okundaye is an engineer, general and strategic manager and the Chief Executive Officer (CEO) of UGC Technologies Group.

Education

Busty is a graduate of the Massachusetts Institute of Technology (M.I.T), where he earned his Master’s degree in Business Administration / Management (MBA / SM) from the Sloan School of Management and was then a M.I.T – International Motor Vehicle Program (IMVP) Research Fellow. He also earned a Master’s degree (MSME) in Mechanical Engineering from the Tuskegee University, specializing in Spacecraft Dynamics and Controls with the American National Aeronautics and Space Administration (NASA), on the Galileo Spacecraft. Additionally, he earned a Bachelor’s degree (BSME) in Mechanical Engineering from Southern University Baton Rouge.and was then an Advisor, American Society of Mechanical Engineers and Student Peer-Groups Economics and Political Science Teacher.

Career

He began his career on the College Graduate In Development (CGID) Fast-Track Program as a young engineer, right out of the university, at General Motors Corporation (GM), North American Operations, Michigan, U.S.A. He progressively held other positions at GM, including manufacturing engineer, R & D engineer and supplier development and management and administrator, etc. at the Chevrolet - Pontiac -Canada (GM CPC) Group Headquarters, GM Tech (R&D) Center in Warren, Michigan, Flint Assembly Truck and Bus Group,, GM Asia & Pacific Operations at the GM World Headquarters, Detroit, and GM Powertrain Headquarters, Pontiac, Michigan and GM China, etc.

Recently, Busty co-led on the establishment, development and operations of the Shanghai GM -- SGM, now known as: SAIC-GM: 上汽通用汽车, one billion, five hundred and twenty million dollars (US$1.52B) automobile manufacturing plant in Shanghai, China. SGM was founded on a joint-venture agreement signed in a ceremony attended by the then Chinese premier Li Peng and U.S. vice president Al Gore on March 25, 1997. Two vehicles (GM Buick Regal and Buick Century) manufacturing were initially fully (100%) localized in China by SGM. GM manufactured and sold over four million (exactly 4,040,789 units of) vehicles in China in 2017[1]. This means that GM sold one (1) vehicle every eight (8) seconds that year (2017) in China.

Busty got General Motors, World Headquarters, USA, global honor, Best-of-the-Bests Award, for the above-noted accomplishment on his successful co-championing of the project.

Two other projects that Busty co-led in China were the establishment of the sixty-nine million US dollars (US$69M) Pan Asia Technical Automobile Center (PATAC). And the other one that was approximately one hundred million dollars (US$100,000,000) initial investment.Shanghai Automobile Industry Corporation - General Motors - Wuling (SGMW) Manufacturing Operations. The SGMW Spark compact car, transferred from South Korea on this project, was initially fully (100%) localized in China by SGMW.

Additionally, Busty is and has also been a Principal Managing Consultant to American Corporate Fortune 500 Companies and Wall Street Investment Banks and Private Equity Institutions in New York, USA and China; Large Chinese State-owned Enterprises (SoEs); major American, Asian, European Union (EU), etc. public and private medium-sized enterprises on Foreign Direct Investments (FDI), Engineering, Manufacturing, Technology / Transfer, and Knowledge and Products Domestication and Localization, and Strategic Management.H

He was also an Adjunct Professor of Management at University of Strathclyde, Scotland, U.K., and Shanghai Jiao Tong University, Shanghai, China, Global Graduate Business Schools, on Master’s degree in Business Administration (MBA) Programs

Written And Research Works

Written Works

(1). Spinrate Control of the Galileo Spacecraft, U.S. National Aeronautics and Space Administration (NASA), Jet Propulsion Laboratory, California, USA.

(2). New Product Development in the North American Truck Industry: an empirical investigation and hypotheses, Cambridge, Massachusetts, USA.[2]

(3.) A Template for Westward Expansion, China’s Trade on South-South [Global] Economic Cooperation, The German Business Forum Magazine, Shanghai, China

Research Works

(1). Damping Characterization of Large Structures, with a grant from the American National Aeronautics and Space Administration (NASA), U.S.A. on its Galileo Spacecraft that was successfully deployed to Jupiter. Research Grant No: NAGW-1599

(2). Structuring Manufacturer – Supplier Interactions in New Product Development Teams: An Empirical Analysis. Co-researched with Dr. Stephan Schrader, PhD, Harvard University and Jan Göpfert; .

Presentations Across the Globe

Busty has had innumerable global TV appearances, presentations, speeches at major conferences, etc., such as at The Economist of the United Kingdom (UK) Conferences, World Economic Forum of Switzerland Conventions, etc. He has also often been interviewed, cited, quoted, etc. by renowned newspapers, magazines, etc. such as the Detroit Free, Business Day, etc.

He is a much sought-after public speaker globally. Some of his scores of recent speeches were delivered at the World Economic Forum, Economist Group Conferences, etc. annual conventions in the USA, China (Beijing, Shanghai and Hong Kong), South Africa, etc.

Please see a list of some of the speeches at major events, TV appearances, etc. below.

Public Speeches, TV Appearances, Mass Media Interviews, Citations, etc.

In the United States of America Mass Media

(1). Recently quoted in the American AftermarketNews on Investments on Chinese investments in the State of Michigan, U.S.A.

(2). Recently quoted in the American Detroit Free Press on Reverse Foreign Direct [Chinese] investments in the State of Michigan, U.S.A.

In the Nigerian Mass Media

(1). Recent interview by BusinessDay Newspaper on "US-China Trade Imbroglio may mean delayed aid, suspension of mega projects for Nigeria".

(2). Recent interview by BusinessDay Newspaper on "Domesticating automobile industry will create jobs, wealth".

(3). Recent interview by BusinessDay Newspaper on "How tidy is Nigeria-China relations? (3)".

(4). Recent interview by BusinessDay Newspaper on "Manufacturing GDP to grow on back of auto industry investment"

In the South African Mass Media

(1). Recent panel discussion at the World Economic Forum.

(2). Recent interview by the Davos Debate on World Economic Forum on Africa.