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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.
Vote for Kovsies’ achievers!
2011-03-29
Two Kovsie students are finalists in two very prestigious competitions and need your support to pull them through into the home stretch!
Marelize Visagie and Roeline Strauss are finalists in the Organisation for Economic Cooperation and Development’s (OECD) 50th Anniversary Video Competition and the Miss Varsity Cup competition, respectively.
UFS students and staff and the general public can help them win these competitions by voting for them on the respective competitions’ websites.
To vote for Marelize, please go to
http://www.oecd.org/videocontest and vote for her video entitled:
Progress is sharing the burdens. The video deals with progress through sharing of individual and group burdens and could win her a trip to Paris, where she will represent South Africa at the final ceremony of the competition.
The closing date for voting is 14 April at 12:00.
To vote for Roeline, log in to
www.varsitycup.co.za and click on the pink rose at the bottom of the page. Then click on the link which reads:
click here to vote. Then vote for Shimlas’ Roeline Strauss to make sure she stands a chance of being crowned as the national Miss Varsity Cup, who will be announced at the finals of the tournament on 11 April.