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CEO of Toyota Free State Cheetahs delivers guest lecture during UFS visit

29 August 2024 | Story Anthony Mthembu | Photo Harmse Photography

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

New electoral body for student elections

2004-07-24

The University of the Free State (UFS) has appointed the Electoral Institute of Southern Africa (EISA) to handle the upcoming election of the Student Representative Council (SRC) and Student Parliament on the main campus.

"EISA specialises in elections and have done vast research on the subject"said Dr Natie Luyt, acting Dean: Student Affairs at the UFS.

Dr Luyt said that the UFS wanted an electoral body that can act as neutral and objective as possible. "EISA is a credible electoral body with the necessary knowledge and expertise. We have full confidence that they will ensure a free and fair election on campus"said Dr Luyt.

"EISA is a neutral party and our main aim is to promote democracy through the process of elections"said Mr Seth Phamuli, Chief Electoral Officer of EISA's UFS election campaign.

Mr Phamuli said that EISA has handled the SRC and Council elections of several other tertiary institutions in the country. These include among others the University of the Witwatersrand , the University of the North, Unitra, Wits Technicon, Vista and Pretoria Technicon. "EISA also acts as the secretariat for the Southern African Developing Countries (SADC) as far as elections are concerned and manages the election processes of various parastatal bodies in the country"said Mr Phamuli.

No changes to the constitution of the SRC have been made for this year's election. "The UFS Council decided last year that any changes to the constitution of the SRC should be submitted for consideration by the Council meeting which took place in June. However, the amendments were submitted late - after the closing date for agenda items to be added"said Dr Luyt.

The elections on the main campus will take place on 11 August 2004 .

MEDIA RELEASE
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za 25 Julie 2004

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