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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.
Video made by a student residence
2008-02-27
Statement by the Rector and Vice-Chancellor of the University of the Free State (UFS), Prof. Frederick Fourie
A video, made by residents of the Reitz men’s residence on the Main Campus of the University of the Free State (UFS) in Bloemfontein, surfaced this morning (Tuesday, 26 February 2008) and was brought to my attention.
The Executive Management (EM) of the UFS condemns this video in the strongest possible terms as a gross violation of the human dignity of the workers involved.
We have immediately started with a most urgent investigation into this matter. The students involved have been identified and we are going to take steps to suspend them.
We are also going to lay criminal charges with the South African Police Service against the students concerned.
I am deeply saddened that students apparently see nothing wrong in producing such an offensive and degrading video. I have publicly said several times that the UFS is not a place for racism.
The UFS does not want such actions and people who indulge in it, on our campus.
The fact that it is openly linked to the integration process in UFS residences is also most disturbing.
I want to apologise to our colleagues who were unwittingly involved in this video and to the broader South African public.
Our staff unions Nehawu and Uvpersu have also condemned this incident.
The university is going through a difficult time with its efforts to racially integrate its residences and to create a new residence culture based on diversity, respect, human dignity and human rights.
These kinds of actions make it all the more important that we succeed with establishing such a new institutional culture on the campus.
I appeal to all staff and students to remain calm and to act in the best interests of the university.
Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
26 February 2008