If he does not quickly succeed in restructuring the country's problems, people will start losing hope in him.
For all of their U-turns and failures, Tspiras, Varoufakis, and their colleagues did succeed in highlighting the illogic of endless austerity policies, and they also succeeded in putting debt restructuring on the table.
To a large degree, restructuring succeeded in doing that.
While the taxpayers' holding is controlled by a separate entity owned by the British government, questions remain about whether the bank can succeed in its restructuring when faced with political pressure over how it is run.
Trade unions rejected the proposal.Mr Walsh has already squared up to unions at BA, where he succeeded in pushing through painful restructuring plans.
In April, the firm succeeded in hammering out a restructuring agreement, in which it put up $800 million in additional equity in a deal that cut its $20 billion debt load by about $4 billion.
His early achievement in restructuring the system has been succeeded by a period of open bickering, most loudly between Schools Chancellor Joel Klein and the unions.
As Mr Knight puts it: "We succeeded in combining impressive consistency and fundamental change" (his emphasis).The uses of adversityBy and large, though, successful companies find it a lot harder to restructure than those that have less to lose.
