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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

African values important for transformation, says deputy minister
2007-11-06

The Deputy Minister of Education, Mr Enver Surty, says real transformation in education cannot take place if African values and belief systems are not put at the centre of educational practices.

Mr Surty was speaking last night at the launch of the Centre for Africa Studies at the University of the Free State in Bloemfontein.

According to the Deputy Minister of Education, the launch of the Centre for Africa Studies at the University of the Free State shows a strong commitment by the university to transformation.

“It shows the readiness on the part of the institution to create and consolidate space for African epistemologies as a way of reclaiming our African identity”, Mr Surty said.

He said the launch provided all stakeholders with a golden opportunity to influence curriculum development in schools so that it better reflects the understanding and the desire to learn more about Africa. He said this cannot happen without a sound knowledge produced by Africans, which can then be shared with the rest of humanity.

“It is no longer tenable that African scholars should take a back seat and merely consume, often uncritically, knowledge systems that have been produced and sifted through other minds. Similarly, our intellectual pursuits cannot take place in isolation. Indeed our fountains of knowledge could only be deepened with more exposure to, and critical engagement with other systems of knowledge across the world”, he said.

According to the Director of the Africa Studies Programme at the UFS, Prof Phillip Nel, the Centre for Africa Studies will focus on the issues and challenges of Africa and make the context of Africa a part of the UFS’s academic activities in a sustained and innovative way.

The centre will closely co-operate and liaise with prominent African initiatives and structures like the African Union, Pan-African Parliament, Southern African Development Community (SADC), Economic Community of West African States (ECOWAS) and many others.

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  
 

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