Importance of Academic and Professional Skills Development in Business Management

This presentation discusses the challenges faced in studying business management, the importance of effective academic and professional skills development, and an action plan to improve a weakness. The subject is BMP4001 Professional & Academic Skills Developmentent 1 - Individual Presentation.

BMP4001 Professional & Academic Skills
AssessmProfessional and
Academic Skills
Developmentent 1 - Individual
Presentation

Content
• Challenges of studying business management
• Importance of effective academic skills development
• Importance of effective professional skills development
• One skill that is particularly important
• Action Plan
• Summary
• References

Challenges of studying business
management
Business management is related to those management under which the managers of organisation
manages the activities of business so that the goals and objectives of business can be achieved
effectively. There are many challenges has to face by business management which are given below:
• Financial management
• Monitor performance
• Regulations and compliance
• Competencies and recruiting the right talent
• Technology

Importance of effective academic skills development
In the academic life, skill development play a very crucial role and also helps
individual to grow in the corporate world. The main importance of effective
academic skills development is mentioned below:
• Discipline
• Competitive advantage
• Ethics

Importance of effective professional skills
development
The professional development skills are important part of career development and
growth. Professional skills development and its importance is mentioned below:
• Career growth
• Designation in organisation
• Value development
• Social Growth

Identification of one skill
Personal SWOT AnalysisSTRENGTHS
• Communication skills
• Listening skills
WEAKNESSES
• Low level of patience
• Poor anger management
OPPORTUNITY
• Development programmes.
• Jobs of different multinational organisations
THREATS
• Unfavourable conditions develop due to Covid
pandemic
One skill that is particularly important, but I am weak at:
Poor anger management

Action Plan
The most important weakness which possess in my personality is Poor anger management
which is required to be improves because of many difficulties faces by me in life. The brief
discussion related to the action taken by me to improve this weakness are given below:
• Training and development programmes
• Anger management class
• Practise for the development of patience
• Expert interaction

Summary
From the report, it is summarised that challenges that are faced in studying business
management are financial management, monitor performance, regulations and
compliance, competencies and recruiting the right talent as well as technology.
Discipline, ethics and competitive are some of importance based on effective
academic skill development.

References
• Brückner, F., 2018. Between Organization and the New: How Lists Are Used to Create (or
Reduce) Innovation. In Organization and Newness (pp. 13-20). Brill Sense.
• BRÜCKNER, F., 2019. 2. BETWEEN ORGANIZATION AND THE NEW. Organization
and Newness: Discourses and Ecologies of Innovation in the Creative University, p.13.
• Madsen, D.Ø. and Stenheim, T., 2022. SWOT Analysis. In Encyclopedia of Tourism
Management and Marketing (pp. 1-3). Edward Elgar Publishing.
• Tiwari, V. and Srinivasan, P., 2020. SWOT analyses of high-temperature phase change
materials for thermal energy storage. Materials Today: Proceedings, 28, pp.949-954.

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