This document outlines a major research project focused on the lived experiences of management executives whose companies face foreclosure. The study will utilize a phenomenological qualitative method to investigate themes such as self-care practices, family relationships, business practices, and interactions with subordinates. Data will be collected through semi-structured interviews with a sample of 16 executives to gain insights into the impact of company foreclosure on their personal and professional lives.

1. Running head: MAJOR PROJECT
1
MAJOR PROJECT
9
Initial Outline
Chicago
University
(The Working Title of this Major Paper Should Go Here Exactly
as on the Title Page)
Foreclosure is a scary word for homeowners, but it is
not all that common today (citation needed). Bortz (2017)
reported that the foreclosure rate (meaning the percentage of
loans in foreclosure) currently hovers just under 1%. During
economic downturns, like the housing crisis of 2011,
foreclosure rates rose as high as 3.6% in United State (Bortz,
2017).
Research question

2. The phenomenon as mentioned above and literature background
lead to the overriding research question, “what are the lived
experiences of management executives whose companies face
foreclosure?” The subareas of exploration for this question are:
i. The manager’s self-care practices
ii. The manager’s relationship with immediate relatives
iii. The manager’s business practices
iv. The manager’s relationships with subordinates
Methodology
In order to investigate the lived experiences of management
executives, a phenomenological qualitative method will be
employed. The relationships and practices of managers facing
company foreclosure are the core of this research. Creswell
(2013) discussed that the purpose of a phenomenological
qualitative method is to …….
Proposed population
1. The homogenous group for the study is former management
executives strictly from the operations department. The selected
executives will have a background of having undergone
company foreclosure at least once in the past 20 years.
2. Participants will be solicited through enticing advertisements
online for filling surveys to participate in a study interview.
3. The number of participants will be restricted to 16 executives
aged 35 years or more. Their former positions will be limited to
operations management.
Data collection
1. The type of data to be accrued will be unstructured and semi-
structured interviews.
2. Participants will be asked to participate in at least two rounds

3. of one-on-one interviews spanning anywhere from 50 to 60
minutes each. Interviews will be conducted in person, by
phone, or through an internet source such as Zoom.
3.
Bracketing
I am especially interested in this research question because my
research showed scarce primary literature about the impact of
company foreclosure on the personal and professional lives of
executives’ manager and their families. With many companies
facing foreclosure around the globe every year, it is surprising
that very little research has been conducted on how they
affected the lives of the involved executives. I suspect I may
find it useful to know the real potential consequences of
organizational shutdown in case I become a manager in the
future. Even though one works hoping for the best, preparing
for the worst is also a very rational route for any organizational
management model.
(Do you have any first or third-party experience and/or
knowledge of a foreclosure? Have you personally or heard of
actual stressors related to this topic? Also, have you heard of
anyone not having to go into bankruptcy? You might also
include how the university you are currently in is in
receivership which is a form of foreclosure and how you find it
potentially affecting you currently.)
References
Boss, P., Bryant, C. M., & Mancini, J. A. (2016). Family stress
management: A contextual approach. Sage Publications.
Cascio, W., & Wynn, P. (2004). Managing a downsizing
process. Human Resource
Management, 43(4), 425-436. doe: 10.1002/hrm.20034

4. Fujii, Y. (2016). Spotlight on the main actors: How land banks
and community development corporations stabilize and
revitalize Cleveland neighborhoods in the aftermath of the
foreclosure crisis. Housing Policy Debate, 26(2), 296-315.
Daft, R., & Lane, P. (2015). The leadership experiences.
Stamford, CT: Cengage Learning. Daniel Bortz, (2017).
https://www.realtor.com/advice/finance/what-is-a-foreclosure/
Giacosa, E. & Mazzoleni, A. (2011). Recovering from Crisis,
Organizational Change and
Development. Estonian Business School Review, 28, 4-98.
Lenahan, T. (2011). Turnaround, Shutdown and Outage
Management: Effective Planning and
Step-by-Step Execution of Planned Maintenance Operations.
New Jersey, NJ: Elsevier.
Woodford, K., C., Finney, T. G., Chow, A. F., & Lambe, N. J.
(2013). The Forgotten Topic:
Teaching Plant Closing to Executives and Graduate Students.
Journal of Executive
Education, 8(1), 73-86.
Sam,
I appreciate your continued work with this Major Paper
assignment. Please see some of the additional notes, comments,
edits, and suggested examples above. You need to omit all of
the home mortgage information in that you are going to focus
on company foreclosures. Additionally, please see some of the
inclusion information. I also wonder if you are discussing
foreclosures, if the term would be in receivership as related to
companies rather than home owners. Your topic and use of
wording is still a bit confusing as to what you are intending to
investigate specifically.
I Highly suggest that you updated drafts for the final part of this
assignment.

5. Warmly,
Dr. V.
(much of the lit review/background section is not proper)
If you shift to home mortgage foreclosures, you may want to
add the following paragraph from your first draft after your first
introductory paragraph:
Foreclosure is a legal process of mortgage holders, also known
as lenders, repossessing ownership rights over a home or
property in the event mortgagors, or borrowers, default on their
mortgage payments (citation needed). As part of most mortgage
loans, the money borrowed by homeowners is secured, or
backed, through the collateral of the piece of property being
purchased (citation needed). Through retaining the ownership
rights to a piece of property, mortgage holders can sell the
property in a foreclosure proceeding in order to liquidate the
property and collect the outstanding balance on a mortgage
agreement or loan (citation needed).
�This should be a “working Title” of your final Paper.
�Take out the extra spacing – this should be simple double
spaced.
�Do not use contracted words. Spell these out.
�Not relevant for this section.
�

6. The following is written more like a “thesis” and “position”
paper and not as a publishable research APA paper as required
for this assignment.
Also much of this information is focused on Home Mortgage
Foreclosures and not Company Foreclosures.
You need to continue discussing the significance of foreclosures
which could include the effects on the company as well as the
employees of the company. This information would justify the
significance of this phenomenon (foreclosures).
Then following this factual information (no opinion or analysis)
would lead to the purpose of this study:
It is of interest of this study to investigate the lived experiences
of the primary executives of companies facing foreclosure.
AS other professional writing standards:
Do not include “we/our pronouns.
Do not refer to “chapters” or “ “articles” or “studies” and what
was done. Simply write what was found by the authors.

7. Do not say “critical” or other bias wording that is not supported
by the authors/citations.
�Not relevant for Phenomenological studies – only use
interviews.
�This section is not formatted properly. Please refer to the APA
Manual 6th Edition, the APA Main Paper Template, and
possibly Chris for assistance.
QUALITATIVE RESEARCH COURSE
9
Prof comment:
· I appreciate your phenomena topic and potential
phenomenological design attempt. It would seem you are not
quite fully understanding of this specific "lived experiences"
design. The following are some specific points:
Regarding your initial question, " The main research question is
what lived experiences do management executive use to face
foreclosures." would be better worded as: "What are the lived
experiences of management executives whose company face
foreclosure?"
Again, to understand this potential design, try to put yourself in
the role of an executive and sense what you might be
experiencing in this role. This would include what areas/parts of

8. your life, relationships, and business practices that might be
affected. These would be the potential sub-areas of exploration.
Regarding how many people to interview, you do not look at the
% of the overall population, this is more quantitative rigor
design. Rather you would want to conduct a minimum of two
rounds of one-on-one interviews of 50-60 minutes each (until
exhaustion of data) with a minimum of 16 executives.
Phenomenological Design <Received and Revised>
The phenomenological qualitative research aims to explore the
lived experiences that management executive uses to face
foreclosures and how the relationship between the managers and
their families, friends, and partners. The main purpose of this
research was to give voice to the lived experience of
management executive facing foreclosure and identify the
relationship between executives’ managers and their employees,
families, and friends.
Sub-areas of Enquiry
The phenomenological qualitative research will aim at four
fundamental themes which will explore the lived experience of
management executives facing the foreclosure.
The themes are:
1. The executive's relationship with immediate family
2. The executive's self-care practices
3. The executive's relationships with subordinates
4. The executive's operational practices
Sample
The sample size will be limited to a minimum

9. of 16 executives identified as 37 years of age or older. The
environment of the participants should have foreclosed
experience or lived experience of foreclosure. The type of work
will be limited to managerial positions with top to the relatively
medium organization in any business field. The participants will
share the commonality of being in the same positions.
Data collection method
The phenomenological qualitative research will utilize
unstructured and semi-structured interview questions. The
duration of each interview will be 50-60 minutes (until
exhaustion of data). The minimum number of rounds required to
fulfill the interview will be 2 rounds. The potential method of
conducting the interview will be live interviews with a one-on-
one interview interaction. This will facilitate the interpersonal
relationship between the interviewer and the participants. Also,
the interview method will allow focused and effective
communication to influence results orientation.
Why the Identified Phenomenon would best be Explored Using
Qualitative Research Method
Contrary to the quantitative research methods, the
qualitative research methods can best be used in the exploration
of the phenomenon in this study through the questioning of the
experiences, encounters, perspectives, and meanings from the
executive managers facing foreclosed with their own family.
This methodology will focus on getting the standpoint of the
study participants. Qualitative research method would be the
best approach to assess the phenomenon because it will involve
small group of 16 management executives’ discussions for the
investigation of the attitudes, beliefs and the concepts as well as
the behaviors of the study participants. Also, the use of semi-
structured questions would be helpful to seek the views of the
study participants on the focused phenomenon with the main
informants, institutional perspective on the executive managers.
Finally, the analysis of the secondary sources such as journals,
government reports, and websites, diaries, and media articles

10. will also provide the relevant information needed to pursue the
phenomenon under study.
Phenomena ( PART of Literature Review)
The phenomenological qualitative study tries to find out how
the management executives use lived experiences to control
foreclosures that face their families. The phenomenological
study will provide a guideline to executive managers whose
companies face foreclosures, since, foreclosures are at most
times accompanied by resistance and family conflicts.
The executive will lead his family through signing of
bankruptcy. The executives’ signs agreement with the local
authorities on his current financial situation. The authorities are
able to influence the lender companies to adjust on the
mortgage payment terms that reduces foreclosure. Hence, the
company family members are able to maintain the home. (Boss
et al., 2016).
The executive can provide a guideline his family members to
keep updates with mortgage payments. The executive manager
provides some guidelines on how to make mortgages and keep
his family at home. In conditions when the company cannot
clear the debts the executives adjust in terms of loan payments
so as to make the payment period longer (Boss et al., 2016).
Moreover, the executive can ensure that his family members and
acquire the property after settling the debt.
The executive also stabilizes his family. The major reason that
there is instability in family is due to the creation of vacancies
in property (Fujii, 2016). Auctioning of the family is one source
of miseries among the members (Fujii, 2016). A family will be
stressed if they are told to vacate the property other than when
the premises would be occupied by other people.
The executive can book counseling sessions to his family in

11. case there is no solution to foreclosure. In other cases, the
family members can result in self-harm activities or even
others. At most, times, the family member will be traumatized
over the event and there may even breakups. The family
members will continually blame the executive for lack of
settlement of the debt (Boss et al., 2016). Counselling sessions
will be important to reduce the trauma and promote good
relationships. After settlement of the mortgage, the family can
have their home back.
Case Study Design
Restate your general phenomenon: The phenomenological
qualitative research aims at the lived experiences that the
management executive uses to face foreclosures and how the
relationship between the managers and their families, friends,
and partners.
Research question: Would be using companies who were facing
foreclosure and made it through this process successfully
without going into foreclosure. The company may be affected
by several factors in order to be declared foreclosed such as
changing economics, changes in leadership, and or in a scenario
of illegalities. However, an evasion/ redemption from
foreclosure is possible.
Sample: The sample size will be limited to a minimum
of 16 company executives identified as 37 years of age or older.
The environment of the participants should have foreclosed
experience or lived experience of foreclosure. The type of work
will be limited to managerial positions with top to the relatively
medium organization in any business field. The work experience
should be 3 years or more of being an executive manager in the
company, the participants will share the commonality of being
in the same positions.

12. Data Collection: Unstructured and semi-structured interview
questions. The duration of each interview will be 50-60 minutes
(until exhaustion of data). The minimum number of rounds
required to fulfill the interview will be 2 rounds. The potential
method of conducting the interview will be live interviews with
a one-on-one interview interaction also, Sound and video
recording with field notes. This will facilitate the interpersonal
relationship between the interviewer and the participants.
Additionally, the interview method will allow focused and
effective communication to influence results orientation
References
Gaston, S. (2016). Race, Neighborhood Context, and Drug
Enforcement: A Mixed-Method Analysis of Racial Disparities in
Drug Arrests.
Hall, M., Grogan, S., & Gough, B. (2016). Chemically Modified
Bodies: The Use of Diverse Substances for Appearance
Enhancement. London: Palgrave Macmillan.
Kodish, Stephen, Gittelsohn, Joel, Oddo, Vanessa, & Jones-
Smith, Jessica. (2016). Impacts of casinos on key pathways to
health: qualitative findings from American Indian gaming
communities in California. (BioMed Central Ltd.) BioMed
Central Ltd.
Pacula, R. L., Hunter, S., Ober, A. J., Osilla, K. C., Vardavas,
R., Blanchard, J. C., DeVries, D., United States. (2016).
Preventing, identifying, and treating prescription drug misuse
among active-duty service members.
Taylor, L. K. (2016). A qualitative inquiry into the lived
experiences of absent fathers: perspectives, rationale, factors.