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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

Situation on the UFS Bloemfontein Campus under control after further disruptions
2016-02-23

State of our campuses #8

Further disruptions occurred on the Bloemfontein Campus of the UFS today after clashes between students on the campus last night. Members of the Public Order Policing had to disperse some students and the situation was stabilised in the early hours of the morning. No one was arrested and no major injuries occurred.

The clashes erupted last night after a group of protesters moved on to the field and disrupted a Varsity Cup rugby match that was already under way between the FNB Shimlas and the FNB Madibaz at Xerox Shimla Park. Subsequently the protesters were assaulted by some spectators who also ran on to the field.

Disruption continued this morning when students damaged some university property. Additional reinforcements from the South African Police Service were brought in to stabilise the campus. Some outsourced contract workers and students are still demonstrating outside the Main Gate of the campus on Nelson Mandela Avenue. The campus is relatively calm now and matters are under control.
The safety of students in residences on campus is the major concern for the senior leadership of the university and extra care is being taken to ensure their safety. In one case a residence had to be vacated and alternative accommodation was arranged for the students. The situation is under control in other residences. 

The Bloemfontein and South Campuses are closed from 23 to 24 February 2016 and no academic and administrative services are available.

Members of the university’s Protection Services and the South African Police Service are on the Bloemfontein Campus and are monitoring the situation closely.

A comprehensive investigation about the course of events that took place on the Bloemfontein Campus since yesterday morning continues.

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