Importance of Transferable Skills in Business Management - Personal Development Portfolio

This report discusses the importance of transferable skills in career development, including effective communication, critical thinking, problem-solving, and leadership skills. It also provides a personal development action plan and a CV.

Personal Development Portfolio
TABLE OF CONTENT
INTRODUCTION...........................................................................................................................2
MAIN BODY..................................................................................................................................2
Importance of academic and personal skills in business management:.......................................2
Personal development action plan:..............................................................................................4
CV:...............................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9
1

INTRODUCTION
Personal development is one of the most important thing for every individual, this allow
person to become more capable and reliable. Every student who seek employment in future need
to have basic skills like communication, critical thinking, problem solving and decision making.
These transferable skills hep individual to get desired position in any business organization, apart
from these basic skills, an individual must have leadership skills which allow them to manage
and lead people. This report will discuss personal development portfolio and will understand
importance of transferable skills in career development process. At last this report will provide
CV (Woo and et,al., 2019).
MAIN BODY
Importance of academic and personal skills in business management:
Every individual need to have basic employability skills and ability which allow them to
reach for employment in any business organization, employability skills are; effective
communication skills, critical thinking skills, decision making skills, problem solving skills and
most importantly leadership skills. It is very clear that every student will apply for job position
any of their desire company, I want to work in multinational company and I want to sharpen my
basic skills and ability (Warnock and Mohammadi-Aragh, 2016). Business management is one of
the most challenging thing which require effective management of business operation and
working, management of business not only mean to manage company but this required critical
thinking and ability to make quick decision with high rate of accuracy. Every individual who
want to become manager of business organization need to be clear that this job position in most
2

challenging and skills of person will be pushed to the limit. I want to become business manager
of multination business firm which means this career pathway is tough and I need to develop
both academic and professional skills to meet the requirement of the career pathway. There are
certain academic and professional skills which I have and which I need to develop, these skills
are:
Leadership skills: leadership skills is not common, it can be found rare. This skills require
all basic skills such as communication, decision making and problem solving, leadership skills
allow person to lead and manage people (Farrell, 2017). I have leadership skills which allow me
to become more reliable in my career and employment development process, this skills help me
to meet the requirement of desire job which I will be looking to apply. I believe many business
organization look for those employee who have leadership skills and have ability to provide
effective leadership to the company. I have opportunity to apply for these organizations who
look for leadership quality in employee.
Communication skills: communication skills is one of the most basic skills which help
individual to communicated effectively with others, this skills is most required in an employee. I
have effective communication skills which allow me to communicate effectively with others, it is
very clear that communication skill is incomplete with active listening skills (Thompson, 2018).
This skills help me to actively listen to communicator and allow me to easily decode their
message and purpose of the message. Active listening skills is connected with communication
skills which means a person can be effective if one of these skills are missing from their career
and professional process.
Team building skills: working in a team can be most challenging task for many people
because a team is build on value and importance of every individual. I believe working in team
can be challenging but most challenging is building an effective team, I have ability to build an
effective team in the workplace and with my leadership skill, I can manage and lead my team
towards success (Marasi, 2019). I have ability to work in team because I can work with people
who have diverse culture, I always stay excited to work with people from diverse culture and
background. I have team building skills but I need to develop team management skills as well
because without effective management of team, it is not possible to meet the outcome.
Problem solving: problem solving skills allow person to solve any problem faced by
business organization, in today’s world, this is most required skill which allow business manager
3

and leader to provide effective solution to business in times of tough situation (Carpenter and
Moser, 2020). I need to develop problem solving skills to sharpen my academic and professional
skills, I do not have this skill which means I can not provide effective solution to business in
tough situation. This is my biggest weakness as many business organization demand problem
solving skills in their manager, although I have leadership quality which will help to develop this
skill as well.
Emotional intelligence: emotional intelligence is one of the most important skills required
in career development, this skill allow person to use their emotional intelligence to manage and
lead people in the workplace (Serrat, 2017). I do not have emotional intelligence skills which I
need to develop, this skill will help me to become more flexible in the workplace and learn
different culture. Using this skills help person to easily understand the area of problem in the
workplace, while using personal emotion in positive way, a person can drive effective solution.
Personal development action plan:
Goals Action Resource Result Time
Project
management
skills
To develop
project
management
skills, I need to
work under
senior project
manager and
need to learn
their skills and
ability. Apart
from this, I need
to join online
management
course which
allow me to
sharpen my
knowledge.
Resource like
online learning
platform and
online project
management
course which
will improve my
basic knowledge.
I will analyse my
effectiveness by
personal
assessment and
from feedback of
senior project
manager.
Within 6 months
4

Leadership skills To develop
leadership skills
and ability, I
need to adopt
some basic
leadership
quality in my
daily life and
need to practice
these skills and
ability. Apart
from this, I can
work under
leaders of
business
organization to
understand their
way of leading
people in the
firm.
To develop
leadership skills
and ability I need
resources like
budget, online
study material
and internship
proposal in a
business
organization.
I will examine
result with self
assessment and
feedback from
expertise.
Within 12
months
Team building
and management
skills
To develop team
building and
management
skills I need to
join a team and
try to lead them
towards success.
I can ask
business
organization to
allow me to lead
To develop this
skill I need
budget, team and
material to lead
and manage team
under me.
I will analyse my
result with self
assessment,
feedback from
leaders and
manager of
business
organization and
feedback of the
team which I will
be leading.
Within 3 months
5

their team
effective and
drive them
towards success.
Business
management
skills
To develop
business
management
skills, I need to
join as an
employee in any
business
organization.
Apart from
joining I need to
work under
expertise and
need to look for
online business
management
course.
I need resource
like online study
material, budget
to join or apply
in any company.
I will examine
growth of this
skill with the
help of business
leaders. Apart
from this I
myself will
compare result
and I will take
feedback from
manager of the
business
organization.
Within 2 months
CV:
Curriculum Vitae
ABC, business manager
[e-mail]
Profile: skilled graduate with years of experience in business and financial management, have
worked experience of multiple industry. I have gained knowledge and experience while working
in multimillion dollar business organization; I am seeking for further development in
employability and career life. With a sense of basic knowledge and skills, I have leadership skills
which allow me to manage and lead people in the workplace; I am currently a business manager
of ABC firm. I follow my own management style with style of leaders which allow me to be
more effective in the workplace.
6

Education and qualification:
 Completed Business management course from university of BM, UK.
 Completed high education from St gorger school, UK.
 Pursing Master in Business Management from university of MBA, UK.
Work experience:
Business manager
Hex international consultancy group
January 2019- current 2022.
At Hex international consultancy group, I work as project manager allowing me to manage
consultancy project in the workplace. As a manager I had role of allotting project to employee
and supervise them in completion of the project, apart from project allotment, I have
responsibility to lead and manage people in the workplace.
Skills and ability:
 Leadership skills.
 Effective communication skills
 Critical thinking skills
 Decision making skills
CONCLUSION
This report has discussed academic and professional and its importance in career life. Later
this report have discussed importance of transferable skills in career development, these skills are
effective communication, critical thinking, problem solving and leadership skills. These skills
and ability not only allow person to become more capable but help them to explore area of
personal and professional development. Later this report has discussed action plan with goals to
be achieved within a time frame. At last this report has provide CV.
7

8

REFERENCES
Books and journals
Carpenter, T.P. and Moser, J.M., 2020. The development of addition and subtraction problem-
solving skills. In Addition and subtraction (pp. 9-24). Routledge.
Farrell, M., 2017. Leadership reflections: Leadership skills for knowledge management. Journal
of Library Administration, 57(6), pp.674-682.
Marasi, S., 2019. Team-building: Developing teamwork skills in college students using
experiential activities in a classroom setting. Organization Management Journal, 16(4),
pp.324-337.
Serrat, O., 2017. Understanding and developing emotional intelligence. In Knowledge
solutions (pp. 329-339). Springer, Singapore.
Thompson, N., 2018. Effective communication: A guide for the people professions. Macmillan
International Higher Education.
Warnock, J.N. and Mohammadi-Aragh, M.J., 2016. Case study: use of problem-based learning to
develop students' technical and professional skills. European Journal of Engineering
Education, 41(2), pp.142-153.
Woo and et,al., 2019. Writing the curriculum vitae and personal statement. The Journal of
emergency medicine, 57(3), pp.411-414.
9