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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

Two Rhodes scholars are doing the UFS proud

2010-12-09

Sannah Mokone and DW Bester

Sannah Mokone and DW Bester were selected as Rhodes Scholars for 2011. It is the first time that the UFS has two students who have been awarded this sought-after scholarship in the same year.

Sannah is currently completing her B.Pub.Hons degree at the UFS and will read for an M.Sc. in Africa Studies at Oxford. DW is completing his honours degree in Actuarial Science and will read for a D.Phil.

The UFS is honoured to have not only one but two students who will join the ranks of past Rhodes Scholars such as Justice Edwin Cameron, Dr David Woods, Adv. Bram Fisher, Dr Loyiso Nongxa, Mr Isaac Shongwe and Mr Kumi Naidoo, who was recently appointed as the Executive Director of Greenpeace International.

The Rhodes Scholarships, arguably one of the most prestigious scholarships in the world, were founded in 1903 in the will of Cecil John Rhodes and cover the full costs of study at Oxford University.

While academic excellence is a pre-condition for consideration for the Rhodes Scholarship, these scholarships are unique in that Rhodes Scholars are outstanding young students who excel academically, but very importantly, demonstrate leadership, are committed to making a difference in the world, and have the energy to fulfil their ambitions.

In the Southern African region four scholarships are available for South African residents in general; as well as one for KwaZulu-Natal; and one each for the alumni of Diocesan College, Paul Roos Gymnasium, St Andrew’s College and the South African College Schools (SACS). There is a further scholarship available for residents of Botswana, Lesotho, Malawi, Namibia and Swaziland.

DW and Sannah were each awarded one of the South Africa-at-large scholarships.

Media Release
9 December 2010
Issued by: Lacea Loader
Director: Strategic Communication (actg)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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