TITLE

The Elephant in the Room 5 steps to conquering your biggest challenge

AUTHOR(S)
Finley, Daniel C.
PUB. DATE
November 2009
SOURCE
Journal of Financial Planning;Nov/Dec2009 Practice Management Sol, p12
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article offers the author's tips for businesses to overcome challenges, particularly the elephant in the room. The elephant in the room, an English idiom is described according to Wikipedia based on the idea that an elephant in the room would be impossible to overlook, which the author emphasized that most people have dealt with the least and irrelevant matters to address the problems wherein most people ceases to admit and confront. The author provided steps in conquering challenges involving the acknowledgement and admittance of a challenge and defining the nature of the challenge that would include to rate one up to 10 features of the business, to identify the number one challenge, and the solution to accomplish the need to address the challenge.
ACCESSION #
46812671

 

Related Articles

  • Merits Of Unachievable Goals.  // Goals are Not Made to be Reached. Goals are Only Made to Give Yo;Feb2012, p1 

    Video Length: One minute and 20 seconds. Goals are not made to be reached; instead, they're meant to give leaders direction.

  • THE PROCESS OF PROBLEM FINDING: A PRODUCTION-MARKETING EXAMPLE. Davis, K. Roscoe // Interfaces;Nov77 Part 1, Vol. 8 Issue 1, p82 

    In the August 1976 issue of Interfaces a call was made by Robert Graham for "inputs from readers" describing experiences in practice regarding the process of problem identification. The following article was written in response to that call. The article describes a game-model employed to...

  • Goals and Direction in Personal Planning. McCaskey, Michael B. // Academy of Management Review;Jul1977, Vol. 2 Issue 3, p454 

    Personal planning involves imaging the future and deriving the consequences of that image for present patterns of behavior. People usually suppose that the future can only be imaged in terms of goals, but alternative modes for planning, such as domain and direction planning, do not involve goal...

  • Management by Objectives: Formulating the Plan and Communicating Objectives (I). Johnson, S. // Textile Institute & Industry;Jun1969, Vol. 7 Issue 6, p157 

    The article provides an overview of the advantages of a management plan. The planning and formulation of objectives is a process of balancing conflicting trends, and of using factual data, ideas and impressions to make up general judgments regarding the future role of the company. A management...

  • Setting up goalposts: Creating a goal-oriented culture.  // Public Relations Tactics;Apr2006, Vol. 13 Issue 4, p21 

    The article discusses the importance of goal-setting strategy in achieving a successful company operation. According to Joanne G. Sujansky, chief executive officer of KEY Group, a company needs to set goals that will advance the company's corporate vision. Goals will help the employees' vision...

  • The effects of the balanced scorecard on performance: The impact of the alignment of the strategic goals and performance reporting. Iselin, Errol R.; Mia, Lokman; Sands, John // Journal of General Management;Summer2008, Vol. 33 Issue 4, p71 

    The balanced scorecard (BSC) and other multi-perspective systems have become popular in recent times because of problems with financial systems. The BSC is a strategic management system involving strategic goal setting and performance reporting across four perspectives: financial, customer,...

  • Sexes, mensonges et vidéo. Liaisons et déliaisons dans les écosystèmes d'affaires des formats de stockage vidéo. Calcei, Didier; M'Chirgui, Zouhaïer; Ohana, Marc // Revue Management et Avenir;nov2009, Issue 29, p88 

    This paper analyzes the behaviors of actors of several industries joining or leaving coalitions developed in the case of the business ecosystems of video formats. Our research relies on a cross-referenced analysis of the literature of standards with secondary data from Internet sites. The...

  • Setting goals is the road to success. Stein, Neville // Horticulture Week;2/3/2012, p19 

    The article discusses the importance of setting formal business plans in defining the aspects of achievement. A business plan is necessary for any organization even if any external investment is not needed. It is mentioned that successful business people always create and follow the business...

  • The Perils of Playing to Quarterly Expectations. Favaro, Paul; Rotz, Greg // Financial Executive;Jan/Feb2004, Vol. 20 Issue 1, p34 

    A discussion on how corporations that become too concerned with earnings per share (EPS), short-term goals and quarterly expectations can find themselves under tremendous pressure and hurt their value in the long run. The authors note that this type of strategy can hinder a company from building...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics