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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.
New residences for Qwaqwa Campus
2010-02-17
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Rev Hosiah Nkoana
Photo: Mangaliso Radebe. |
The Qwaqwa Campus of the University of the Free State will have new residences before the end of this year to ease the growing demand for student accommodation.
According to the Deputy Director of Housing and Residence Affairs at the Qwaqwa campus, Rev Hosiah Nkoana (pictured), the university is spending a lot of money on the rent and maintenance of the residences of the former colleges of education, Tshiya and Bonamelo, that the university has been using since 2004 to accommodate students.
The construction of these new residences will be carried out in two phases.
“The first phase will be university-funded and the residences will accommodate 200 students, male and female. The second phase will be a private development by a private developer. The residences in this phase of construction will accommodate 500 students – and this will be its first phase. It will then be followed by a second phase, depending on the demand for accommodation,” said Rev Nkoana.
“These residences will not necessarily be state-of-the-art residences but they will have good facilities that will underwrite our approach that residences are not just sleeping places.”
“We are developing a philosophy of turning our residences into learning and living areas. So, to get there we are going to put up a computer lab with 100-150 computers between the residences so that all resident students can access them to enhance the learning side of residence life. I hope this will change the way our students see residences,” he said.
Currently the residences at the Qwaqwa Campus can accommodate 770 students. The new residences are expected to be ready for occupation in the 2011 academic year.
Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt@ufs.ac.za
17 February 2010