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29 August 2024 | Story Anthony Mthembu | Photo Harmse Photography
Ross van Reenen
Ross van Reenen, CEO of the Toyota Free State Cheetahs.

The Business School at the University of the Free State (UFS) recently hosted the CEO of the Toyota Free State Cheetahs, Ross van Reenen, for a guest lecture. Van Reenen presented the guest lecture in the Business School Auditorium on the UFS Bloemfontein Campus on 21 August 2024.

Reflecting on Van Reenen’s address

In a lecture addressed to an auditorium filled with UFS staff and students, Van Reenen’s talk was divided into several sections. Firstly, he spoke about the concept of the ‘black swan’ in reference to the book written by Nassim Nicholas Taleb, titled The Black Swan: The Impact of the Highly Improbable. Referring to Taleb’s book, Van Reenen defined a ‘black swan’ as a rare event that has a severe impact, and the occurrence of which people try to explain. He used some examples to explore this concept as well as its implications, including COVID-19 and its impact on the world, and the tragic death of the people in the Titanic disaster. However, he delved deeper into 9/11 and the extent of its impact, saying that “9/11 was a major wake-up call in the world economy”. Van Reenen highlighted how some companies such as Barclays, for which he previously consulted, had to work to be up and running after the collapse of the Twin Towers in 9/11.

In addition, Van Reenen’s lecture also touched on the importance of the first ninety days of a job after an individual has been employed. “Those first ninety days are crucial, as you have to establish yourself in a company where you are paid less than you are worth,” Van Reenen said. As such, he gave the audience insight into what they could focus on in that time frame. This includes focusing on the small wins, as well as ensuring that you are working at keeping the team together, as the team is an integral part of an organisation. 

Van Reenen concluded his address by speaking about his time as the CEO of the Toyota Free State Cheetahs, including some of the decisions he took to ensure the success of the organisation.

News Archive

Students recruited for studies in science, engineering and technology
2008-08-06

 

Representatives of the South African Medical Research Council (MRC) visited the University of the Free State (UFS) recently to recruit students who want to study in the fields of science, engineering and technology. To assist with the recruitment, the winners of awards made by the National Science and Technology Forum (NSTF) earlier this year, made presentations to create an interest amongst students. The UFS had four finalists of which two were the winners in their respective categories. Here are, from the left: Dr Martin Ntwaeaborwa, senior lecturer at the Department of Physics and finalist in the category for black researchers, Prof. Kenneth Swart, FARMOVS-PAREXEL, Prof. Maryke Labuschagne, head of Plant Breeding at the UFS's Department of Plant Sciences and female recipient of the award for the development of research capacity over the past five to ten years, and Prof. Jan van der Westhuizen, Department of Chemistry at the UFS; front: Ms Kedibone Aphane, MRC. Prof. Swart and Prof. Van der Westhuizen were the leaders of the team who received the award for the development of innovation by a corporate organisation or institution.
Photo: Lacea Loader
 

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