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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 establishes Centre for Education Development
2007-09-26
At its meeting on 14 September 2007 the Council of the University of the Free State (UFS) took a number of key decisions on matters recommended by the Executive Management of the university for its consideration or approval.
The Council gave the green light for the merger of the Section Upgrading of Education (School of Education) and Research Institute for Education Planning (RIEP) to create a single unit for education development. The qualifications and courses currently offered by these two units will henceforth be offered by the newly formed unit. The new unit will be known as the Centre for Education Development.
Under this new dispensation, amongst others, the functions of the unit will be extended to include other in-service training of teachers and empowering courses and qualifications as well. Some of the existing RIEP courses will be converted into credit-bearing short courses in more learning areas than are presently available, and that the focus will also be on offering short courses as the need may arise. Research will become a prominent function of this new unit.
The Council has also approved the reinstatement of the Department of Genetics as a stand-alone department. Currently Genetics is a sub-discipline of Plant Sciences. Its reinstatement as an independent department will have several advantages for the Faculty of Natural and Agricultural Sciences, as well as the university, namely:
- with its own identity, Genetics as a subject will attract more students, through which the UFS will be able to get more subsidies.
- postgraduate students who leave the university for others will have an incentive to stay.
- researchers in Animal Genetics and Behavioural Genetics will be able to fulfil their full role.
- service delivery to the industry will result in the generation of third-stream income.
The Council also extended the terms of office of the Dean of the Faculty of Law, Prof Johan Henning, and that of the Director of Finance, Mr Chris Liebenberg, for a further five years each.
The Council further appointed Dr Elias Nyefolo Malete as the Campus Principal of the UFS Qwaqwa Campus for a term of three years. Dr Malete has been acting in that position prior to his appointment.
Other matters involved the condonation of the Council’s 1995 resolution to sell the Hertzog House in Goddard Street in Bloemfontein, and the approval of the sale of another house in Biddulph Street in Harrismith.
Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@mail.ufs.ac.za
26 September 2007