Business Management: Challenges, Academic and Prof. Skills Dev.

This essay explores the challenges faced while studying business management and thriving in professional practice, emphasizing the importance of both academic and professional skills development. It identifies time management, communication, coordination, and suggestion implementation as key challenges. The essay highlights how academic development improves confidence, boosts morale, and enhances performance, while professional skills development increases productivity and work performance. It utilizes personal SWOT analysis to identify strengths, weaknesses, opportunities, and threats, focusing on developing reading skills as a key weakness. The actions taken to improve reading skills include paragraph division, expert suggestions, and effective internet usage. The conclusion emphasizes that overcoming these challenges and developing critical skills like teamwork is essential for success in business management, leading to enhanced professional and academic competencies. The document also includes references to support the arguments presented.

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Table of content
 INTRODUCTION
 TASK
 Describing challenges of studying business management and thriving in professional practice
 The importance of effective academic skills development
 The importance of effective professional skills development
Identification of one skill that is particularly important – personal SWOT analysis
 Detailed example of the actions that would be taken to develop skills identified as weakness in SWOT
analysis
 Summary
 References

Introduction
 Professional & academic skills development is one of the best strategic decisions, which provide several
benefits to developer.
 It has contributed to grow and succeed in their career. This type of development provides them clear
understanding of further success. Skills development has enhanced productivity and performance level of
individual person.
 The current assignment will be explaining challenges of studying venture management & thriving in
professional practice. It will define significance of effective professional and academic skills development as
well as justify particular skill with detailed example of activities that will take to develop it

Describing issues related to studying business
management & thriving in professional practice
Time
management
Lack of
effective
communication
Lack of
suggestions
Lack of
coordination

Explaining importance of effective academic
development
 Improve confidence level.
 Boost morale
 Enhance performance level

Explaining importance of professional skills development
 Increase productivity
 Increase work performance
 Achieve set and desire outcomes

Identification of one competence that is particularly
essential – personal SWOT analysis
Strengths-
• Effective communication
• Decision making
Weaknesses-
• Lack of reading skill
• Team work skill
Opportunities-
• Internet
• Expert suggestions
Threats-
• Lack of direction
• Intense competition

Detailed example of the actions that would be
taken to develop skills identified as weakness in
SWOT analysis
 Paragraph division
 Expert suggestions
 Internet usage

CONCLUSION
 On the basis of above discussion, it has been concluded that individual learner has overcome the key challenges,
while studying venture management and thriving in professional activity.
 It has been identified that they have gained a lot of benefits in term of growing themselves even better than
current era. They have taken critical and essential actions for development of important skills, such as team
work, which is significant for them to do so.
 By taking several initiatives, they have developed professional as well as academic competencies in effective
manner. Their growth and success become easier by conducting above practices.
 From above discussion it has been determined that reading skills made students and employers capable to
consider and implement important information which they read and conduct practice accordingly.

References
 Dahlmann, F. and Bullock, G., 2020. Nexus thinking in business: Analysing corporate responses to
interconnected global sustainability challenges. Environmental Science & Policy. 107. pp.90-98.
 Dubey, R.S. and Tiwari, V., 2020. Operationalisation of soft skill attributes and determining the existing gap in
novice ICT professionals. International Journal of Information Management. 50. pp.375-386.
 Hudson, K.N., Ballou, H.M. and Willoughby, M.T., 2021. Improving motor competence skills in early
childhood has corollary benefits for executive function and numeracy skills. Developmental science. 24(4).
p.e13071.
 Locher, F. and Pfost, M., 2020. The relation between time spent reading and reading comprehension throughout
the life course. Journal of Research in Reading. 43(1). pp.57-77.