Differentiating a Problem from an Issue
One of the largest differences amongst an issue and a problem is explained on how each is solved. An issue gives rise to a situation that has ready solutions, whereas a problem calls for an extensive consideration (Jaques, 2007). In my life, I would consider financial difficulties as a personal issue. This is because I am responsible for my own spending, which is a great deal in resolving the issue. On the other hand, losing a job is a problem, as it would affect other parties such as the family members in addition to imposing social ills. A financial challenge requires one to self-reflect in order to determine the extent and the impact thereon. This means that an issue can be resolved far before it reflects itself, or rather become a problem. In contrast, a problem such as losing a job requires forethought in the determination. This is because a problem poses a certain level of difficulty while solving, which calls for external counsel.
A problem is distinguished from an issue by reviewing the magnitude, impacts on one’s life, and the level of difficulty while finding a solution (Jaques, 2007). In that case, a problem is bigger, requires the counsel of others, and affects more persons as compared to an issue. This signifies that a problem can completely alter one’s life, thus necessitating critical thinking to solve entirely. An issue is expressed as an element that may cause personal displeasure. In this case, a financial challenge fits this account since there is a potential for the issue to develop into a problem in the future. Losing a job is negative, thus requires being resolved. A financial challenge is private; making it an issue that needs debate without requiring a solution (Jaques, 2007).
Reference
Jaques, T. (2007). Issue or problem? Managing the difference and averting crises. Journal of Business Strategy, 28(6), 25-28.