Business Management: Skills Development & SWOT Analysis Report

This report addresses the challenges of studying business management and thriving in professional practice, emphasizing the importance of both academic and professional skills development. It identifies key challenges such as financial knowledge, complex concepts, work quality, and growth limitations. The report highlights the significance of academic skills in ensuring future success, self-confidence, efficient learning, and a systematic approach. Similarly, professional skills are crucial for productivity, competitive advantage, confidence, and growth opportunities. A personal SWOT analysis identifies strengths (creative approach, communication) and weaknesses (low self-confidence, lack of emotional intelligence), along with opportunities and threats. The report details actions to develop identified weaknesses, such as acquiring knowledge and active participation, to foster personal and professional growth. The document concludes that academic and professional skills are vital for individual success. Desklib provides this and other solved assignments.

Professional and Academic
Skills Development

Table of Contents
 MAIN BODY
 Challenges of studying business management and thriving in professional practice
(with appropriate examples)
 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
 CONCLUSION
 REFERENCES

Challenges of studying business
management and thriving in professional
practice (with appropriate examples)
The study of Business management is comprised of
information and knowledge of management practices initiated
in a business entity in order to maintain and regulate various
essential functions. Furthermore, in order to learn these
concepts, people face various challenges and issues which are
as follows:
 Knowledge of financial aspects
 Complex and huge concept
 Quality of work
 Growing beyond limits

The importance of effective academic skills
development
Academic skills have a essential necessity
for development in academic learning phase
of an individual in order to ensure personal
growth and development. Furthermore,
importance of effective academic skills is
determined as follows:
• Ensuring success in future or career
• Self-confidence
• Efficient learning ability and retention
of knowledge
• Systematic approach

The importance of effective professional skills development
Professional skills are determined as skills and abilities of an individual that
facilitates in efficient completion of tasks and activities in a workplace. The importance of
effective professional skills are determined as follows:
 Productivity
 Competitive advantage
 Boosts confidence and credibility
 Growth opportunities

Identification of one skill that is particularly important – personal
SWOT analysis
Strengths
 Creative approach:
 Communication:
Weaknesses
 Low self-confidence:
 Lack of emotional intelligence:
Opportunities
 Competitive advantage:
 Dynamic business
environment:
Threats
 Immense competition:
 Lack of experience:

Detailed example of the actions that would
be taken to develop skills identified as
weakness in SWOT analysis
Referring to above SWOT analysis, low self-confidence and lack of emotional
intelligence has turned out to be my personal weaknesses. In order to improvise and
develop these personal skills and abilities, several actions could be taken into consideration
to be implemented which are as follows:
 Acquiring knowledge
 Active participation
 Positive approach in workplace

SUMMARY
From the above assessment report it could be
summarised that Academic and professional skills plays a crucial
role in personal and professional growth of an individual.
Moreover, It includes importance of development of these skills in
order to ensure success and personal growth. Furthermore, it is
provided with personal SWOT analysis which determines low self-
confidence and lack of emotional intelligence as my personal
weaknesses.

REFERENCES
Books and Journals
 Beagon, U., 2018. The Academic Perspective: A study of academic conceptions of the importance of
professional skills in engineering programmes in Ireland.
 Exter, M., Caskurlu, S. and Fernandez, T., 2018. Comparing computing professionals’ perceptions of importance
of skills and knowledge on the job and coverage in undergraduate experiences. ACM Transactions on
Computing Education (TOCE), 18(4), pp.1-29.
 Krikorian, K.M., Patterson, D.M., Geringer, S.D. and Stratemeyer, D.W., 2020. Student Perceptions of Skills
and Attributes Required in Accounting Careers. Journal of Accounting and Finance, 20(3), pp.86-100.
 Leslie, L.J., Gorman, P.C. and Junaid, S., 2021. Conceive-design-implement-operate (cdio) as an effective
learning framework for embedding professional skills. International Journal of Engineering Education, 37(5),
pp.1289-1299.
 Lin, Y.C. and Magnuson, K.A., 2018. Classroom quality and children’s academic skills in child care centers:
Understanding the role of teacher qualifications. Early Childhood Research Quarterly, 42, pp.215-227.
 Majid, S., Eapen, C.M., Aung, E.M. and Oo, K.T., 2019. The importance of soft skills for employability and
career development: Students and employers' perspectives. IUP Journal of Soft Skills, 13(4), pp.7-39.