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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.
Andrew Mellon Foundation renews ongoing support for UFS projects
2017-04-10
Dr Saleem Badat and Annemia van der Heever.The University of the Free State (UFS) was first awarded a grant by the Andrew W Mellon Foundation (AWMF) in 2015 to fund several projects between 2015 and 2016 under the International Higher Education Strategic projects fund. The programme’s director, Dr Saleem Badat, visited the UFS on 23 March 2017 as part of his annual first-quarter feedback sessions, with not only the UFS but other universities around the country that benefited from the programme. Top of the agenda was a meeting with principal investigators of projects funded by the foundation, to discuss the UFS’s institutional priorities for funding, alongside the university’s management, to discuss possible intra-institutional projects to be undertaken with other universities.
During his visit, Dr Badat met with Prof Nicky Morgan, UFS Acting Vice-Chancellor and Rector, as well as the AWMF representative, Annamia van der Heever, Director: Institutional Advancement. He discussed future plans with managers of the Programme for Innovation in the Artform Development, #Movements project, Inclusive Professoriate Grant and the Curriculum reform programme which involved seven other universities.
The AWMF, through its projects, is instrumental in developing and maintaining strong higher education institutions that produce knowledge and high-quality graduates, and advances social justice. The projects further aim to deepen and broaden public understanding and support for the arts and humanities, diversity and inclusion. “The Foundation each year presents universities with wonderful opportunities to improve teaching, learning and research in the humanities. We are working hard with the Faculty of Humanities on possible submissions for 2017,” said Van der Heever.
During 2017 between $10.8 million and $12 million will be available for grants by the Foundation’s International Higher Education and Strategic Projects programme. The Vice-Chancellor’s Office will continue to serve as a contact point and administrative support for UFS projects currently funded by AWMF. Institutional Advancement will assist project leaders to draft submissions to the Foundation this year and in the future. In 2018 AWMF will celebrate 30 years of involvement in supporting higher education in South Africa.