end of the process, if the course of action is not compelling, you 9. At the pro
ID: 419711 • Letter: E
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end of the process, if the course of action is not compelling, you 9. At the probably need to re-frame the problem. 0. Implementation is not automatic! If the answer becomes clear and compelling at any point in the pro. cess, you should stop and make the decision. However, beware o framing the problem in terms of solutions! 5.10 Case for Analysis: "Buy or Remodel?" Mike and Sandy are a young couple. They purchased a two bed room house in a well established neighborhood with a good school dis rict four years ago. When they bought a house, they were planning to have one child, however, Sandy is now pregnant with twins. In addi- tion, when they bought the house. Mike was working downtown, but now Mike in working at home and he needs an office. As their current situation is no longer feasible. Mike and Sa begin discussing their options. Because they really enjoy their n hood, Mike believes their best option is to renovate their house to add two bedrooms and an office. Sandy, on the other hand. is interested in buying a new house in a more prestigious neighborhood. Also, Sandy is concerned that if they put too much money into this house, they may not be able to get it back if they move at a later date. While they do not agree on the course of action, they do agree that both options are viable. ndy Both Mike and Sandy have a joint income of about $120,000 per year. They originally paid $55,000 for their 1200 square foot house, but now the house should be worth about $90,000 according to two differ ent Realtors that Sandy contacted. In addition, the Realtors said thata four or five bedroom house in their neighborhood would be worth between $200,000 and $275,000, depending upon the condition and square footage. Mike made a quick estimate and determined they could add another 1800 sq.ft. based on zoning restrictions in the area He also estimated that the renovation and addition would cost about $100 per square foot. The Realtors also sent them a listing of new homes in the Afton Woods subdivision, the most affluent new neighborhood in their com- prices munity. The least expensive home on the list was $350.000, andExplanation / Answer
Answer:
Mike and Sandy should structure their problem in such a way that they can balance out their individual problems and come out with comprehensive and prioritized problems so that they can manage the key problems and avoid/live with their minor problems. Major problem resolution will be better for both of them so that Mike can resolved his working office problem and Sandy can resolved his house living space requirements looking into adequate space for children play zone.
Mike and Sandy’s objective are that Mike want to have the enough space in the house so that he can set his office and accessories, so that he can work comfortably and whereas Sandy’s objective is to have enough space in the house so that they can live comfortably and have adequate space for play zone for children, as they will have children and they will need play space for them.
Small list of significantly different and creative alternatives for Mike and Sandy’s requirement is as below
Mike and Sandy both commonize their problem so that they both focus on single list of problems.
Both should work as a team and focus on single aim for their family, working and children.
Mike and Sandy should focus for short term such that it can be expanded looking into the long term requirements for their family.
Mike and Sandy could use below tool in the evaluation phase of their problem are as below
Cause and effect matrix -Ranking and prioritization of their problems based on their requirements
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