Description:
About this seminar:
China’s emergence as the leading automotive market in terms of sales has several implications. While most attention has been paid to relative sales performance of the foreign and domestic companies, what is arguably of more long-term significance is the impact of China’s market expansion on energy consumption and environment.
Since the 1970s, there has been a growing awareness of the lack of sustainability of petroleum-based consumption. Rising concerns over the impact of carbon emissions on the environment have increased the pressure on finding alternative energy technologies that can eventually replace the ICE.
Recent technological advances are bringing new energy vehicles back into the spotlight. A new era of alternative energy technology is emerging in the 21st century automotive industry, and China and its domestic car companies are positioned to play a leading role in this transition..
Seminar Speaker / Guest Presenter:
Guest Presenter: Bill Russo
Senior Industry Advisor Automotive, Greater China – Booz & Company
Executive summary:
Mr. Russo is a Senior Industry Advisor with Booz & Company based in Beijing. He has over 25 years of industry experience in driving strategy and performance improvement in Fortune 500 environments. He has over 15 years experience as an automotive executive, including 6 years of experience in China and Asia.
Education MS, Lehigh University (Major: Manufacturing Systems Engineering) BS, Columbia University (Major: Engineering)
Project Description As Vice President of North East Asia automotive operations for Chrysler, he successfully negotiated and secured government approval for 6 vehicle programs within a 3-year time period with 3 different Asian partners. In this time period, he launched a regional holding company as well as 2 distribution companies. Bill oversaw the industrialization of the first Chrysler and Dodge-branded vehicles in Asia.
As head of Product & Business Strategy, he led the integration of 3 key planning functions: strategic planning, long-range product planning and the capital investment plan. He had played a major role in achieving a major business turnaround by strengthening operational transparency through deployment of a system-wide balanced scorecard. His work earned international acclaim and was featured in leading business journals like the Harvard Business Review.
As a Business Transformation Consultant, he has led global cross-functional multi-disciplinary teams in the identification and implementation of business improvement initiatives throughout key value streams and functions. He holds a US Patent for his innovative efforts towards reducing automotive New Product Development cycle time.
His viewpoints on the China Automotive industry have been frequently published online and his viewpoints have aired on Bloomberg Television, National Public Radio, China Central Television, China Radio International, NBC Nightly News, and the CBS Evening News. He has contributed to articles about the China auto industry in the Financial Times, the Wall Street Journal, Newsweek magazine, the Washington Times and Straits Times. He is a regular contributor on automotive topics for the popular Chinese newspaper Southern Weekly, China Automotive News and GlobalAutoIndustry.com. He has also authored numerous articles on corporate governance, performance management , technology management and process reengineering. He has spoken frequently at conferences hosted by the Conference Board, Hammer & Company and the Balanced Scorecard Collaborative. He has also spoken at 2 Automotive industry conferences at China’s Great Hall of the People.