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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.
Drama students awarded National Arts Council bursaries
2016-05-04
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The National Arts Council (NAC) has awarded R100 000 to 10 Drama students at the University of the Free State (UFS). Eight years after its establishment in 2005, the NAC has partnered our university in funding academically-deserving students needing assistance with tuition. To date, our undergraduate students have benefitted from more than R800 000.
Prof Nico Luwes, Head of the Department of Drama and Theatre Arts, who applies to the NAC at the end of each year on behalf of students, welcomes the funds: “Quite a lot of our students would not have been able to complete their studies without assistance from the bursary scheme.”
As a result of this financial injection, South African schools also gain. “Some students then enrol for a higher education diploma, and they then teach Arts and Culture at schools. Hence, there is a whole new generation of Arts and Culture teachers who are now entering the school system,” said Prof Luwes.
Mbuyiselo Nqodi, a second-year BA Drama and Theatre Arts student, would not have been able to enrol at the university in 2015, had it not been for the NAC. “Without the bursary, I would not have been admitted into the university. It helped a lot because R10 000 can go a long way.”
Pursuing its mandate to support and develop South Africa’s arts, culture and heritage sector, the NAC awarded 117 bursaries to arts students and tertiary institutions for the year. A total of R5 million has been allocated for 2016, a 10% increase on the previous financial year.
According to the NAC Chief Executive Officer, Rosemary Mangope, one of the aims of the NAC is to provide support to students who will contribute to the arts and culture industry in a meaningful and sustainable manner.