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14 January 2020
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Story Lacea Loader
Notice is hereby given of a meeting of the Convocation of the University of the Free State (UFS) to deal with the following matters:
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Address by the outgoing President.
- Address by the Rector and Vice-Chancellor.
- Address by the Registrar.
- Election of the President and Vice-President of the Convocation.
- Address by the elected President.
- Representatives of the Convocation on the Executive Committee of the Convocation.
- Vote of thanks by the Vice-President.
Date: 1 February 2020
Time: 09:00
Venue: Equitas Auditorium, UFS Bloemfontein Campus
NOMINATIONS FOR THE POSITIONS OF PRESIDENT AND VICE-PRESIDENT OF THE CONVOCATION, please visit https://www.ufs.ac.za/alumni/alumni-home/convocation/convocation-president
For any enquiries, please contact Mr Nikile Ntsababa, Registrar of the UFS, at Registrar@ufs.ac.za
Valuable advice for businesses in difficult times
2013-04-15
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Prof Helena van Zyl, Director of the Business School, and Dr Reuel Khoza. Photo: Stephen Collett 15 April 2013 |
Dr Reuel Khoza, Chairman of the Nedbank Group, shared the group’s valuable rules for managing a bank in difficult times in an MBA lecture on the Bloemfontein Campus. Dr Khoza is a visiting professor at the UFS Business School.
He focused in the lecture on the group’s business and leadership model and highlighted some do’s and don’ts:
- Do not surprise your stakeholders on the downside – communicate transparently, particularly when there is bad news.
- Retrenching staff to contain costs should be a last resort – the damage to corporate culture from retrenchments is immense. Follow and support your customers – get as close to them as possible because business changes slowly, but customer behaviour can change in an instant.
- Integrated central capital and funding management.
- Entrench well-established reporting, KPIs and measurement systems.
- Ensure strong independent risk management.
- Manage your cost base – anticipate downturns and re-base your costs to avoid crisis-cost management.
- Take advantage of opportunities – an economic downturn creates a situation where valuations fall and assets are sold off, which can be a great opportunity for acquisitions.
- Keep innovating – innovation does not have to be a costly exercise, as the right culture can promote and encourage experimentation and collaboration.
- Whatever you do – avoid a price war, as expedient pricing decisions may hurt the business in the longer term.