8. The Conviction to Persevere
Transformation is the toughest job a leader will ever face. Picture the choice facing J. Stewart Bryan III. It was early 2012, and in his hand the ever-polite septuagenarian held something that seemed to represent hope for Media General, the organization that had been in his family for almost 150 years. The letter was an offer from an organization owned by no less than the Oracle of Omaha himself, Warren Buffett, to purchase the vast majority of Media General’s thirty newspapers.
The Bryan family’s connection to the company traced to the 1870s, when a friend of Stewart Bryan’s great-grandfather gifted him the Daily Times in Richmond, Virginia. The company expanded its newspaper operations when it purchased the ...
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