Business Management Challenges & Effective Skill Development

This report delves into the challenges encountered while studying business management and thriving in professional practice, emphasizing the significance of effective academic and professional skill development. It identifies key challenges such as the vastness of the subject, lack of communication, and inadequate support, while highlighting the importance of academic skills in fostering critical thinking and professional skills in building distinct career attributes. The report underscores problem-solving as a crucial skill, essential for navigating changing circumstances and achieving desired outcomes through logic, creativity, and rational decision-making. Ultimately, the report concludes that developing these skills is vital for success in the competitive business environment. Desklib provides past papers and solved assignments for students to further their understanding.

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TABLE OF CONTENT
 Introduction
 Challenges of studying business management and thriving in professional practice
 Importance of effective academic and professional skill development
 One important skill along with example
 Conclusion
 References

INTRODUCTION
 Developing academic and professional skill is concerned with building those tactics in personality
that can help in achieving desirable career in effective manner.
 In the current era, there is major requirement of building academic & professional skills so that
higher competitiveness to overcome prevailing competition can become possible.
 Present study will describe challenges of studying management & thriving in professional
practice.
 Current study will highlight significance of effective academic and professionals skills
development and one important skills & action to developed will be comprised.

CHALLENGES OF STUDYING BUSINESS
MANAGEMENT THRIVING IN PROFESSIONAL
PRACTICE
 The one of the major issue related with studying business management is that it is lengthy and vast
subject that comprises various theories, models, concepts, etc.
 Lack of communication is seen while studying business management that does not make it interactive for
learners and leads to build up only theoretical concepts.
 While studying business management, the crucial issue that need to be specified include absence of
structure (Mallia, 2017).
 There is lack of inadequate support from the senior management to accomplish related projects and
assignment.
 Other challenges includes lack of awareness regarding its significance, much emphasis on conducting
thumb rule for carrying operational practices, higher financial risk, low implementation of technological
management, etc.

IMPORTANCE OF EFFECTIVE ACADEMIC
AND PROFESSIONAL SKILL DEVELOPMENT
 Academic skills are considered to be important as allows student to get encouraged to perform and become efficient
learners.
 It builds critical thinking among learners so that higher ability for problem solving can be derived.
 This provides opportunity for the users to gain capabilities to develop effective career by inclining confidence,
competence and self esteem.
 The of the main factor that can be obtained by developing academic skill as it provides opportunity to decline anxiety
about test and deadlines for improving ability to learn & retain can be derived (Bastges-Lienshöft and et.al., 2021).
 Professional skill development in highly important as provides capabilities to build distinct characteristics and
attributes in turn accomplishing objective of gaining success in carer becomes possible.
 It involves leadership, team work, emotional intelligence, organization, flexibility., communication, self motivated and
problem solving, critical thinking, etc.

CONTINUED
Increases interest in
work, initiative, Planning & organizing,
Setting goals, ability to
learn,
Quality of work,
increase of creativity,
etc.
Handling conflicts and
properly responding to
supervision,
Communicating
properly,
Coordinating with
developed formal rules
and regulation
Coordinate with
changing
circumstances.

ONE IMPORTANT SKILL ALONG WITH
EXAMPLE
 Problem solving skill is important for meeting desire level of outcome.
 The problem solving skill aids in accomplishing all the allotted work in effective manner (Rahman,
2019).
 In the present era, there is higher requirement to give consideration on developing such strategies that
are useful in having productive working environment.
 Range of competencies such as logic, creative, resilience, imagination, rational decision making, etc.

CONTINUED
Motivate from to accept
change
Coordinating with
standard criteria to have
significant life.
Optimum utilization of
resources by showing
range of competencies
Formulating appropriate
decision.
Incline ability to garb
opportunities

CONCLUSION
 From the above report it can be concluded that it is essential to develop academic and professional skills.
The present report has given emphasis on describing challenges arising while studying business
management.
 It includes lack of effective communication, absence of business structure. Etc.
 There are various benefits which can be achieved by developing academic and professional skill.
 In addition to this, current study has considered problem solving skill which aids in gaining proper ability
to coordinated with changing circumstances so that higher professionalism can be derived.

REFERENCES
Books and Journals
 Asyhari, A. and Sifa’i, M., 2021. Problem-Based Learning to Improve Problem-Solving Skill: Is it Effective Enough?. Indonesian Journal of
Science and Mathematics Education, 4(1), pp.78-88.
 Bastges-Lienshöft, C. and et.al., 2021. Academic skills and work readiness among trainees in the lower segment of vocational training in Germany–
are there universal criteria?. Journal of Vocational Education & Training, pp.1-25.
 Buckley, P.J., Doh, J.P. and Benischke, M.H., 2017. Towards a renaissance in international business research? Big questions, grand challenges, and
the future of IB scholarship. Journal of International Business Studies, 48(9), pp.1045-1064.
 Mallia, J., 2017. Strategies for developing English academic writing skills. Arab World English Journal (AWEJ) Volume, 8.
 Rahman, M., 2019. 21st century skill'problem solving': Defining the concept. Rahman, MM (2019). 21st Century Skill “Problem Solving”:
Defining the Concept. Asian Journal of Interdisciplinary Research, 2(1), pp.64-74.
 Vidgen, R., Shaw, S. and Grant, D.B., 2017. Management challenges in creating value from business analytics. European Journal of Operational
Research, 261(2), pp.626-639.
 Wrahatnolo, T., 2018. 21st centuries skill implication on educational system. In IOP Conference Series: Materials Science and Engineering (Vol.
296, No. 1, p. 012036). IOP Publishing.