Sometimes the very thing you overlook can offer the opportunity you seek. That's why we have such phrases as “think outside the box” and “zig when everyone else zags.” Such platitudes adorn conference room walls, but for all their wisdom, they often fall on deaf ears as busy executives find themselves caught up in the hectic maelstrom of the day-to-day.
Thus, opportunities go unanswered. Solutions go unsolved. Earnings go unearned. All because competing priorities steal the time from corporate decision makers.
Nowhere do we see this more than when it comes to the lowly 401(k) plan (see “Top 5 Challenges Too Many 401k Plan Sponsors Aren't Aware of,” FiduciaryNews.com, December 4, 2018). It's not neglect. It's really just capacity limitations.
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