I had a three-fold challenge as a managing editor: Cut costs, increase editorial pages produced to maintain a set advertising:editorial ratio, and keep the total company headcount under 100. I outsourced much of the editing and production work by recruiting and developing a stable of freelancers.
My plan allowed us to increase editorial pages produced by 43% while decreasing production costs by 40%. At the same time I decreased my staff’s headcount by 40% through attrition.
Truthful words, some unadulterated words dude. Thanx for making my day!
There is a rapid growth of Outsorcing these days as manufactures try to cut cost and maximize profit..”~
outsourcing is really necessary specially if you want to cut the cost of production.”,,
Outsourcing isn’t always the answer, of course, but in this situation it worked out very well.