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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

UFS Alumni Honours three former Students

2006-02-21

Three alumni of the University of the Free State will be awarded the prestigious Kovsie Alumni awards, presented to UFS Alumni annually, on the 10th of March at a Gala Awards Banquet. Alumni of the UFS have chosen Naka Drotské as Kovsie Alumnus for 2005. Harold Verster will receive the Kovsie Alumni Cum Laude Award and Prof Johan Henning, Dean of the Faculty of Law, will receive the Kovsie Alumni National Management Award. These prestigious accolades are awarded annually to honour alumni of the UFS for their exceptional achievements and contribution to the UFS.

Naka Drotské has been chosen as Kovsie Alumnus of the Year for the professional manner in which he led the Cheetah rugby team, which played a determining role in the team’s 2005 Currie Cup victory. The Cum Laude Award is made from time to time to any alumnus for outstanding service or achievement at local, national or international level in his/her specific career domain. Verster receives the Award for his role in the inclusion of the Vodacom Cheetahs as Super 14 team, as well as for his leadership that contributed to the success of the Cheetah rugby team in 2005. The Kovsie Alumni National Management Award for Exceptional Service to the UFS is made from time to time to an individual who has rendered exceptional service to the University. Prof Henning will receive this award for his role in the expansion and development of the Faculty of Law as academic, centre head, department head and, especially, as Dean.

Any Kovsie Alumnus is welcome to attend the Kovsie Alumni Gala Award Banquet that will be held in the Reitz Hall of the UFS Centenary complex. Matthys Roets will be the guest artist at the function and the cost of R80 per head includes a three course meal. If you are interested in attending the banquet, contact Jeannette Boshoff-Jansen at 051-401-3594 or alumni@mail.uovs.ac.za

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