BMP4001 Report: Challenges, Academic and Professional Skills

This report provides an overview of business management, defining it as the practice of planning, organizing, directing, and controlling business activities. It highlights the challenges faced by students studying business management, including time management, research, teamwork, and dealing with numbers. The report emphasizes the importance of academic and professional skills development for enhancing performance in the workplace and expanding knowledge. Furthermore, it underscores the crucial role of communication skills in improving individual personality, increasing firm productivity, fostering effective learning environments, and resolving problems. The conclusion reiterates that business management involves implementing business strategies to achieve goals and summarizes the challenges discussed. The report references academic sources to support its findings.

BMP4001

TABLE OF CONTENTS
 INTRODUCTION
 PRESENTING CHALLENGES OF STUDYING BUSINESS MANAGEMENT
 DESCRIBING IMPORTANCE OF ACADEMIC AND PROFESSIONAL SKILLS
DEVELOPMENT
 IMPORTANCE OF COMMUNICATION SKILL
 CONCLUSION
 REFERENCES

INTRODUCTION
 Business management is a practice that include all aspect of planning, organizing, directing and
controlling business activity that are required in order to run a company.
 Whereas, professional practice can be defining as a work done by an individual from a specific
profession.

PRESENTING CHALLENGES OF
STUDYING BUSINESS MANAGEMENT
 There are various challenge while studying business management such as:
 Time management: This is one of the most important skill that an individual need
because it contributes in successful life.
 business management is a very lengthy and complex subject so student has to manage
their time so that it grabs more knowledge in less time.
 Research: This can be defined as the process of collecting and analysing the
information on the particular topic.
 Furthermore, while studying business management the students are required to conduct
research for completing their project.

TO BE CONTINUE…
 Teamwork:
 It is a group of individuals that work together in order achieve the common goals.
 However, it can be challenging for those individuals that like working alone or introvert in nature
 Dealing with numbers:
 Many student face problems while solving, counting the data and facts and figures

DESCRIBING IMPORTANCE OF ACADEMIC AND
PROFESSIONAL SKILLS DEVELOPMENT
 Academic skills are collection of study habits and time management tool that help
student in learning school lessons.
 professional skills can be defined as the ability, habit and personality traits that
enhance the performance of an individual in the workplace.
 Both these skills help individual not only to get a profession but also helps in excel in
this area.
 It also benefits the employee in specific skill set overall enhance the knowledge. By
opening up new possibility and new strategy and skill areas.

IMPORTANCE OF COMMUNICATION
SKILL
 Communication plays important role in improving the personality of an individual as well as
helps in increasing the productivity of the firm.
 Moreover, it allows the individual to work in maintain effective learning environment.
 As well as it helps individual in preventing and resolving problems more effectively
 This skill is crucial in workplace as it help in increasing the productivity of the firm and build a
strong team.

CONCLUSION
 From the above report it has been concluded that business management is a practice
that is followed by the manager of the organization
 It mainly includes organizing, implementing and business strategy in order to achieve
the business goals in limited frame of time.
 Furthermore, the report has also summarized about the challenges faced while studying
the business management such as time management, teamwork and dealing with
numbers.

REFERENCES
 Driskell, J. E., Salas, E. and Driskell, T., 2018. Foundations of teamwork and
collaboration. American Psychologist. 73(4). p.334.
 Kurpayanidi, K. I., 2018. Questions of classification of institutional conditions,
determining the structure of business management in Uzbekistan. ISJ Theoretical &
Applied Science. 9(65). p.1.
 Why professional development matters to the success of a company., 2021. [Online].
Available through <https://www.bizjournals.com/bizjournals/how-to/growth-
strategies/2016/09/professional-development-matters-success-company.html>.