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29 August 2024
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Story Anthony Mthembu
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Photo Harmse Photography
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.
UFS hosts delegation of University of Minnesota
2008-08-13
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During the visit of a senior delegation of the University of Minnesota to the University of the Free State (UFS) were Prof. Herman van Schalkwyk (left), Dean: Faculty of Natural and Agricultural Sciences at the UFS, and Prof. Robert Jones, Senior Vice-President: System Academic Administration at the University of Minnesota. Prof. Van Schalkwyk initiated the current cooperation agreement between the two institutions.
Photo: Leonie Bolleurs
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UFS hosts delegation of University of Minnesota
A senior delegation from the University of Minnesota in the United States of America (USA) visited the University of the Free State (UFS) this week to explore ways of strengthening already existing ties between the two institutions.
According to Dr Aldo Stroebel, Head of Internationalisation at the UFS, teacher training, capacity building in health sciences, and student preparedness will be among the areas of co-operation that will be investigated, within the context of the Strategic Academic Cluster initiative of the UFS. Poverty reduction strategies will also be a strong focus area.
“The UFS has had a cooperation agreement with the University of Minnesota’s department of agricultural economics since 1997 and the exchange of staff has been taking place on a regular basis,” said Dr Stroebel.
This agreement will be expanded and both institutions are now exploring the possibility of applying it across faculties.
According to Dr Stroebel, the visit was very successful and both institutions have committed seed funding to formalise the cooperation agreement.
Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
13 August 2008
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