Challenges and Significance of Skills in Business Management

This presentation discusses the challenges faced by business students and professionals in the study of professional and academic administration. It highlights the significance of skills and expertise in business management and effective teamwork. It also identifies an important skill for effective functioning of a business and provides corrective measures for it. The subject is Business Management and the presentation includes references from various sources.

BUSINESS
MANAGEMENT

TABLE OF CONTENT
INTRODUCTION
• Challenges associated with the study of professional and
academic administration
• Significance of skills and expertise
• Skills for an effective team work
• Personal analysis
CONCLUSION
REFERENCES

Challenges associated with the study of
professional and academic
administration
• Adaptive of the situations
• Formation of a squad
• Time management
• Communication skills
• Profit margin
• Expenditure on marketing
• Ineffective websites
• Effect of internal factors
ACADEMIC PROFESSIONAL
There are several challenges that can influence the study of the business students and the
professionals which must be kept in mind in order to prevent the mishaps from happening.

Significance of skills and expertise
• Surge in the aptitude
• Personal development
• Boost in the confidence
• Analysis of the situations
The strategies that are used by the professionals and the scholars plays an
imperative role in the growth of their respective careers.

Skills for an effective team work
The creation of an effective squad in the
workplace is the major responsibility of the
management working in an organisation.
The important attributes are:
• Problem solving
• Listening
• Alliance
• Leadership
• Critical thinking

Identification of one skill that is particularly
important
One skill that is particularly
important, but I am weak at:
A skill that I believe is
particularly important for the
effective functioning of a
business is the attribute of logical
reasoning and this is where I lag
behind. not considered with
precision in most of the
times.
Corrective measures for this:
A vivid analysis of the structural
patterns that are being adopted
in the decision making process
must be done to prevent this gap.
precision in most of the
times.

CONCLUSION
The inference that can be made from the above stated explanations is that in order to articulate a competent
administration for an organization, it is important to signify the challenges that can be faced by the scholars as well as
the practitioners in the field of business management. There are number of attributes that play a domineering role in the
development of the skills and expertise of the professionals, if acquired by the personnel, can do wonders in respect to
the growth and development of the associate as well as for the management as a whole. For a proficient team, certain
suggestions must be taken care of in order to run the administration in an effectual manner which can help in shaping
up the future of the squad in a reliable way.

REFERENCES
• Bertagnolli, F., 2022. Challenges. In Lean Management (pp. 9-21). Springer, Wiesbaden.
• Cahill, S., 2022. Management skills for future leader’s workshop. Australian Midwifery News, 28(1), p.12.
• Gladstone, M. and Brown, S., 2022. Soft skills in a hard world: Why emergency management and business
continuity leaders must update their professional toolbox. Journal of Business Continuity & Emergency
Planning, 15(3), pp.225-236.
• Hill and et. al., 2022. Using Simulation-Based Education to Teach Interruption Management Skills: An
Integrative Review. Clinical Simulation in Nursing, 64, pp.46-57.