The phrase represents large, obvious problems that are often ignored or go unaddressed within a system or organization. These issues, though significant and impactful, are frequently overlooked due to their perceived complexity or the discomfort associated with acknowledging them. Consider, for example, a consistently failing software component within a crucial business application; while its negative effect on productivity is evident, addressing the underlying causes might be postponed due to the perceived time and resources required.
Recognizing and resolving these significant, yet overlooked, problems is crucial for efficiency, optimization, and long-term stability. Historically, the failure to address these issues has led to system failures, decreased productivity, and overall organizational decline. Proactive identification and management, therefore, directly contribute to improved performance and resilience. Ignoring these pervasive issues, however, can create a damaging environment that affects overall progress and success.