It’s always nice to find another example of a business turnaround. I stumbled upon the following slidedeck on the transformation at the New York Times.

It is interesting to see that an existential threat was the catalyst for the fundamental transformation of their business model. It is fascinating to see the clarity, decisiveness and independence of their thinking and strategy – they took their own approach to arrive at meaningful success. This may also be due to their ownership structure and long term perspective from such an ownership structure.