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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 again involved in this year's Science Expo
2009-08-21
The annual Science Expo will once again take place at the South Campus (formerly known as the Vista Campus) of the University of the Free State (UFS) in Bloemfontein from 20-22 Augustus 2009.
This is the 25th year that the Faculty of Natural and Agricultural Science at the UFS is involved in the project as one of the main sponsors for the regional competition. This involvement stems from the institution’s endeavour to promote a love for science amongst youth at an early age already. In this way, new thoughts and development are stimulated with regard to science.
The total involvement of the faculty amounts to approximately R25 000, which includes:
- The sponsoring of prizes and gift hampers for 220 medallists
- The sponsoring of two floating trophies awarded to the primary and secondary school with the most Gold medals, as well as R1 000 cash for the two winning
schools as prize money
- The sponsoring of medals for the best project for Grades 4-7, Grades 8-9 and Grades 10-12
- The sponsoring of merit bursaries to the value of approximately R1 800 for the
best project: Grades 10-12 at the Science Expo
- The sponsoring of a special prize for the best project in Soil Sciences to the
value of R500
- The venue is made available for free for the project
- The sponsoring of other expenses to the value of R10 000
This year approximately 432 participants entered for the Science Project. The best projects will participate in the National Science Expo in Pretoria from 2-3 October 2009, where a group of learners will be selected to go to the International Science Expo.
Media Release
Issued by: Lacea Loader
Deputy Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za
20 August 2009