Administrative Philosophy

Abstract

This is an adage that, according to Jacobo Varela Traverso, vice president of Barraca del Pontón, S.A., importers based in Montevideo, tells us in a kind letter, he applies on different occasions. "Its use forces me to constantly review not only the financial situations but also the commercial ones to which we often allocate useful funds, with the hope of reactivating that activity," says Varela Traverso, adding: "A deeper analysis could reveal to us that in reality it will languish eternally until we make the decision - sometimes too late, several million late - to banish the project, or that product, or that business, from our company.