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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.
Villa Bravado orientation practice
2010-08-02
The University of the Free State (UFS) takes note of forbidden initiation practices which Residence Committee Members (RCM) of Villa Bravado, a men’s residence of the UFS, participated in during September and October 2009. A video of the events is currently widely being distributed.
Earlier this year, the UFS management was informed about the events by students who had also been involved in the initiation practices and management took note of that with great dismay.
These events took place despite the comprehensive amount of support and assistance regarding transformation which is continuously provided to students in residences. The UFS clearly and regularly communicates to students that initiation is strictly forbidden.
After the management had been informed of the matter, it was immediately addressed and the following measures were taken by the Dean: Student Affairs, Mr Rudi Buys without delay:
- The Student Head of the residence was immediately suspended as RCM member; and
- Disciplinary proceedings were immediately instituted against the Residence Head because of his alleged involvement in these forbidden practices. The case is currently under investigation.
The UFS is convinced that the event was not an incident where black students acted against white students, because black members of the Residence Committee had undergone the same initiation exercise earlier. The misconduct was a continuation of a forbidden initiation practice that is not allowed at the UFS.
“I expect that these events, which took place last year, were the last of students exercising forbidden initiation practices and once again I strongly wish to express the loathing that my management and myself have for any form of forbidden initiation practice,” said Prof. Jonathan Jansen, Rector and Vice-Chancellor of the UFS.
Media Release
Issued by: Lacea Loader
Director: Strategic Communication (actg)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za
2 August 2010