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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.
UFS praised for hosting international research development programme
2013-03-05
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At the farewell function were, from the left: Dr GansenPillay (deputy executive officer of the NRF), Emile Goofo (Cameroon), his son Tylio in the arms of Prof Nicky Morgan (Vice-Rector: Operations), Avelino Mondhane from Stockholm University (originally from Mozambique) and Prof Neil Heideman (Dean of the Faculty of Natural and Agricultural Sciences).
Photo: Leatitia Pienaar
05 March 2013 |
“I must congratulate the University of the Free State on doing something like this,” Dr Gansen Pillay said at the farewell function for the participants in the Southern African Young Scientists Summer Programme (SA-YSSP) at the UFS.
The 19 young scientists from 16 countries completed their three-month programme at the end of February 2013. As another step in the process the participants must write articles for reputable journals and complete their doctoral studies. Their performance in the research world will also be tracked.
Dr Pillay, deputy executive officer of the National Research Foundation (NRF), said an investment was made in the researchers to secure the future of the programme. A lot of persuasion and proof was necessary to convince the Austrian Institute for Applied Systems Analysis (IIASA) that a programme of this nature could be presented in Africa.
The SA-YSSP was hosted and managed by the UFS. The programme was developed by the NRF in collaboration with the Department of Science and Technology (DST) and IIASA into a novel and innovative initiative. The official launch was by the Minister of Science and Technology during November 2011.
The SA-YSSP will be an annual three-month education, academic training and research capacity-building programme. Aligned with the YSSP model, annually presented in Austria, the SA-YSSP offered scientific seminars covering themes in the social and natural sciences, often with policy dimensions, to broaden the participants’ perspectives and strengthen their analytical and modelling skills, further enriching a demanding academic and research programme.
Prof Martin Mtwaeaborwa, SA-YSSP deputy dean, said the academic performance of the young scientists superseded the expectations. “I hope the scholars will look back at the programme as the moment their careers began.”
The added, “The UFS received positive remarks for organising the programme and we hope to get it again in future.”