Sunday, December 28, 2008

Numbers to keep in mind

Frédéric Filloux looks at the newspaper business:

We all know what’s ahead: a difficult year, with double-digit drop in revenue for newspapers. A year that will see many news outlets simply wiped out. There will be opportunities, though. But for different types of organizations: smaller, leaner, and more agile. Flexibility will be a key factor. It will favor small companies or business units able to focus their reduced investment on what matters and cut the rest. Big organizations will stay absorbed in navel-gazing restructuring ruminations; their old-fashioned managements will keep forgetting that, even more in hard times than in good ones, speed is essential.

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