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One of the serious issues in distributed systems is the design of an efficient dynamic load balancing algorithm that improves the overall performance of the distributed systems. Performance of this dynamic load balancing algorithm heavily depends on the design elements. Therefore, the main concern of this paper is to propose the design of an effective dynamic load balancing algorithm considering various identified design issues. Due to selection of an appropriate approach for each of the design elements, the proposed algorithm significantly reduces communication overhead and therefore, improves response time. Moreover, it produces improved performance for different kinds of distributed applications. Here, I have explored the identified design issues and have also presented the comparison of several existing dynamic algorithms based on these imperative design issues. The primary goal is to exchange the information regarding imperative design issues.