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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 academic leaves for national parliament
2009-05-28
The Head of the Department of Afro-asiatic Studies, Sign Language and Language Practice at the University of the Free State (UFS), Prof Annelie Lotriet (pictured), is leaving the university at the end of this month.
Prof Lotriet has been seconded to the national parliament as a member of the Democratic Alliance’s shadow cabinet responsible for arts and culture.
“I am very sad to go because I think I am leaving the university at a point where there are many changes coming and I think we are going to go into a very interesting and challenging time at this university with our new rector taking office one of these days,” she said.
“On that point I am actually sad that I am not going to be here to experience it because I think the university has all the potential to become one of the main role players in higher education in South Africa and, obviously, I will be watching it with interest.”
Prof Lotriet has worked for the UFS for 25 years and regards language and multilingualism as her passion. She reflected on her major achievement: “I think what still stands out for me was the fact that we ran the interpreting service for the Truth and Reconciliation Commission and that made an indelible impact on my life. We were involved in it right from the start to the end. We really put interpreting on the map.”
Mr Philemon Akach, a senior lecturer in the department, will act in her position until the end of the year.
“I have full confidence in him,” she said. “He is a world-renowned expert in interpreting and sign language, so I think the department is in good hands.”
Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@ufs.ac.za
28 May 2009