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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.

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All activities on UFS Bloemfontein and Qwaqwa Campuses postponed until Monday 26 October 2015
2015-10-22

All academic and administrative activities on the Bloemfontein and Qwaqwa Campuses of the University of the Free State (UFS) have been postponed until Monday 26 October 2015.

UFS students joined the national protests against the increases in class and study fees at universities across the country on Tuesday 20 October 2015.

All campuses of the UFS were closed down on Wednesday 21 October 2015 and a court interdict was granted the same day against conduct by anyone who intends to damage the property of the university or who interferes with the rights of others.

Additional security measures have been implemented at all residences on the Bloemfontein Campus today, and no acts of violence or intimidation have been reported in residences. The situation on the Bloemfontein Campus grounds is monitored carefully to ensure calmness.

Messages doing the round on social media today that management agreed to a 0% increase in fees in 2016 are not true. The university management are continuously communicating with the Student Representative Council (SRC), while working incessantly to restore peace and stability on the Bloemfontein Campus.

“Although the university management supports the right of students to protest, it has a responsibility towards the university community to ensure the safety of property and people, as well as the rights of other students who do not feel inclined to participate in this movement. The university management calls on non-protesting students to remain calm and to refrain from getting into any confrontation with protesting students. This is a trying time for universities across the country, and the main concern of the UFS management is to maintain stability on the campuses,” says Prof Nicky Morgan, Acting Rector of the UFS.

 “We are committed to working together as institution in finding viable solutions to the plight of poor students at our university. The university management is also committed to participate in national initiatives to revise the manner in which universities are funded,” says Prof Morgan.

Information about the predicates and upcoming exam will be shared with students on the various communication platforms of the university on Friday 23 October 2015. Students who had to write tests or exams, but could not do so due to the protest action, will not be prejudiced.

 
Released by:
Lacea Loader (Director: Communication and Brand Management)
news@ufs.ac.za
+27(0)51 401 3422
+27(0)83 645 2454


Facebook message from UFS SRC (26 October 2015)

UFS welcomes Pres Jacob Zuma’s statement about 0% increase in tuition fees for 2016 (23 October 2015)

UFS postpones examinations to Monday 2 November 2015 (23 October 2015)

Letter to students from Prof Jonathan Jansen about student protest actions at the UFS (22 October 2015)

UFS obtains court interdict against protesting students - classes will resume on 22 October 2015 (21 October 2015)

UFS management closes down all three campuses on 21 October 2015 (20 October 2015)

UFS responds to concerns around high costs of higher education (Letter from Prof Jonathan Jansen -19 October 2015)


 

 

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