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CEO of Toyota Free State Cheetahs delivers guest lecture during UFS visit

29 August 2024 | Story Anthony Mthembu | Photo Harmse Photography

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

Researchers celebrated for outstanding achievements

2017-05-05

From left, NRF P-rated researcher,
Dr Daniel Spence; Directorate Research
Development, Eleanor van der Westhuizen;
Vice-Chancellor and Rector Prof Francis Petersen;
Dean of Faculty of Theology Prof Fanie Snyman;
and Vice-Rector: Research, Prof Corli Witthuhn.
Photo: Johan Roux

The University of the Free State’s (UFS) Vice-Rector: Research, Prof Corli Witthuhn, hosted a Research Celebration, at which the new National Research Foundation (NRF) ratings, presentation of the UFS Book Prize and the research support award were announced. The UFS Chancellor, Dr Khotso Mokhele, and Chairperson of the UFS Council, Mr Willem Louw, were in attendance among academics and staff members.

An astounding preface
Presenting the opening remarks, UFS Vice-Chancellor and Rector, Prof Francis Petersen, congratulated all researchers and prize recipients on behalf of the rectorate. He applauded all researchers who had put their best foot forward and were acknowledged by the NRF. Furthermore, Prof Petersen said that the success of UFS researchers informed that the university received international recognition. “Research has the ability to play an active role in transformative action that leads to change. We are striving to be a leader in research output,” said Prof Petersen.

Humble and gracious recipient
Prof Fanie Snyman, Dean of the Faculty of Theology, walked away with the most sought-after award of the day, the UFS Book Prize for Distinguished Scholarship, for his book, Malachi, on the last book of the Old Testament. The book was published in Germany and can be used by theology scholars and academics.

“I have no words, I am sincerely grateful for this award, but I must also thank the university. I am grateful for the support that has enabled me to complete the book and achieve this award,” said Prof Snyman. He is the third academic to be awarded this prize.

University reaches new heights
The university’s new NRF-ratings were celebrated. The UFS has 27 new rated researchers and seven researcher’s ratings were renewed. Prof Jonathan Jansen received a NRF A-rating and Dr Daniel Spence a P-rating.

The Directorate of Research Development’s Eleanor van der Westhuizen was awarded the Research Support Award, which is to acknowledge those who accelerate and propel research and/or researchers.

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