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29 August 2024 | Story Anthony Mthembu | Photo Harmse Photography
Ross van Reenen
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.

News Archive

African Union acknowledges one of our own
2012-01-23

 

Prof. Maryke Labuschagne
Photo: Hannes Pieterse

The African Union awarded an international award to Maryke Labuschagne, a professor in Plant Breeding at our Faculty of Natural and Agricultural Sciences, for her contribution to science in Africa.

Prof. Labuschagne received the African Union Kwame Nkrumah Scientific award in the category Life Sciences – Continental level. This is the highest level of this prestigious award programme.

The African Union Commission is committed to ensure that science and technology contributes to sustainable development efforts. In 2008 the African Union Commission launched the prestigious African Union Scientific Award Programme. This programme was later renamed the African Union Kwame Nkrumah Scientific awards.

The programme is implemented at National level for young researchers, Regional level for women scientists and is open to all scientists on Continental level.

The Continental level is the highest level of the programme. The objective is to give out scientific awards to top African scientists for their scientific achievements, valuable discoveries and findings.

Prof. Labuschagne has been part of our university for the past 23 years. Over the last 20 years she has been involved in training and educating scientists in plant breeding all over Africa. Her work also entails the development of better cultivars to ensure food sustainability on the continent.

“I really did not expect to win this award. The criteria were really strict and one always sells yourself and your achievements short,” says Prof. Labuschagne.

With this award, Prof. Labuschagne also receives US $100 000 (about R 804 180) in prize money, which will be used to renovate her department’s lab facilities and provide bursaries.

The official award ceremony will be held on Saturday 28 January 2012 at the United Nations Conference Centre in Addis Ababa, Ethiopia.
 

 

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