Challenges of Business Management and Skill Development (BMP4001)

This report, focusing on the course BMP4001, delves into the challenges of studying business management and thriving in professional practice. It highlights the importance of effective academic and professional skills development, including teamwork. The report discusses the challenges faced while studying business management, such as adjusting to new surroundings, connecting with others, scheduling, teamwork, and balancing academics. It also covers challenges in professional practice like effective communication, performance issues, and hiring decisions. Furthermore, it emphasizes the significance of academic skills in enhancing learning and productivity, as well as effective team working skills. The report concludes that studying business management is vital for enhancing business knowledge, skills, and building networks, despite the challenges faced. It also underscores the importance of qualities like leadership and marketing skills gained during the course.

BMP4001

TABLE OF CONTENTS
INTRODUCTION
TASK
The challenges of studying business
management and thriving in professional
practice
The importance of effective academic and
professional skills development
Effective team working skills-
CONCLUSION
REFERENCES

INTRODUCTION
The term professional skill development refers to
the enhancement of those skills that provides the
abilities and also the career competencies that is
used in the workplace which is considered
important for any job to pursue. Therefore the
professional skills are the combination of both
soft and hard skills. Whereas the academic skills
are considered as the abilities or the habits that
helps the learner to be successful in academic
setting. The report will be covering the course
with respect to the business management which
involves the cooperation of business activities.
For this purpose, the managers of business keep a
constant check on the ongoing operations of
business and also assisting the employees to in
reaching the productivity level.(Alipichev and
Takanova, 2020).

THE CHALLENGES OF STUDYING BUSINESS
MANAGEMENT AND THRIVING IN PROFESSIONAL
PRACTICE
The term business management refers to the
managerial process which involves coordinating,
organizing, channelizing and also the
implementation of the business strategies and
activities.
The challenges faced while studying the business
management-
1. Adjusting to the new surroundings
2. Connecting with the new ones
3. Scheduling
4. Learning to work in the team
5. Balancing the academics with other part of life

CONTINUE….
Through studying business, several challenges that are faced
with respect of professional practice.
1. Effective communication with the employees
2. Confronting the problems of the performance
3. Making the right hiring decisions

THE IMPORTANCE OF EFFECTIVE ACADEMIC
AND PROFESSIONAL SKILLS DEVELOPMENT
Academic skills help encouraging the
students for becoming more efficient
learners. They are the attributes that
prepare for the career and also helps in
staying focused and motivated and also
provide the ways to expose to new
thinkings and much more(Mosteanu,
2020). Academic skills are therefore
important as it enhances the productivity
and also provide the success. These
skills are important at the workplace
also.

EFFECTIVE TEAM WORKING SKILLS-
These skills provide the abilities to
members of the team to work well and
in coordinated manner with other team
members. It also include the ability to be
mature enough with respect of keeping
the point what a member believe and
agree or disagree to certain point(Tan
and Laswad, 2018). These skills are of
utmost importance when studying the
course of business management.

CONCLUSION
The report has concluded that study of business management is important to
enhance the business knowledge and skills. It will also provide the opportunities
to meet the peers and build a strong network. Every good things comes with
certain negatives. There are also challenges faced when studying the business
management that need to be faced for successful completion of the course. The
most important thing with the pursuing of course is the gaining of qualities such
as leadership, teamwork, marketing skills.

REFERENCES
BOOKS AND JOURNALS
Alipichev, A.Y. and Takanova, O.V., 2020. Independent research activity of MSc and PhD students:
Case-study of the development of academic skills in FFL classes. XLinguae, 13(1), pp.237-252.
Frost, A., 2022. PUTTING STUDENTS INTO TEAMS IS NOT ENOUGH TO DEVELOP THEIR
TEAMWORKING SKILLS: HOW TO ENABLE, ENCOURAGE, OBSERVE AND ASSESS
TEAMWORKING SKILLS. In EDULEARN22 Proceedings (pp. 4210-4210). IATED.
Jena, R.K., 2020. Measuring the impact of business management Student's attitude towards
entrepreneurship education on entrepreneurial intention: A case study. Computers in Human
Behavior, 107, p.106275.
Mosteanu, N.R., 2020. Artificial Intelligence and Cyber Security–A Shield against Cyberattack as
a Risk Business Management Tool–Case of European Countries. Quality-Access to
Success, 21(175).

THANK YOU