Skill Development in Business Management: A SWOT Analysis Approach

This report examines the challenges of studying business management and thriving in professional practice, highlighting the importance of developing both academic and professional skills. It identifies key academic skills such as critical thinking, goal setting, and multitasking, and professional skills that foster confidence and credibility and aid in career goal achievement. The report includes a personal SWOT analysis to identify strengths, weaknesses, opportunities, and threats, with detailed action plans for developing identified weaknesses. The conclusion emphasizes the importance of business management in developing both professional competence and academic knowledge, and how a SWOT analysis can help individuals improve their skills and turn weaknesses into advantages. The report also includes references to support the analysis and findings.

Developing academic and
professional skills

Table of content
 Introduction
 Main body
 Challenges of studying business management and thriving in professional practice
 Importance of effective academic skills development
 Importance of effective professional skills development
 Identification of one skill that is particularly important- personal SWOT analysis
 Detailed examples of the actions that would be taken to develop skills identifies as
weaknesses in SWOT analysis
 Conclusion
 References
9

Introduction
Business management is gaining popularity in today's
world due to increased aspiration of young people to have
a global opportunities in the career of entrepreneurs and
business leaders with the motive of becoming successful
in their lives. Business management is managing all the
activities of a particular business to achieve the
organisational goals effectively and efficiently.

Challenges of studying business management
and thriving in professional practice
Business management is a subject which have both
opportunities as well as challenges so as a student it is
important to be adaptive to all the challenges that are going to
come which will help in developing skills and to be
successful . As business management is a subject which deals
with planning, organising and controlling the various activities
to achieve the goals but there are various challenges in
studying business management and thriving in professional
practices which is as follows-
 Team work
 Adaptive to changes
 Scheduling:

The importance of effective academic skills
development
Academic skills are abilities, strategies and skills of an individual
that help them to build their academic traits. To be successful it is
important to have academic skills in terms of theoretical and
technical knowledge of various subjects as it will help when enter
in the real world where skills need to be apply based on things
learned in your schools and colleges throughout the life like
listening, making notes, detail analysis and many others. (Epstein,
2018)Let's list down the importance of effective academic skill
development-
 Ability to think critically
 Setting goals
 Multitasking
:

The importance of effective professional
skills development
Professional knowledge means the professional skills,core competencies and
the specialised skills in a particular field through knowledge and experience in
that field that will ultimately helps become successful in their careers.
(Martínez-Cerdá, Torrent-Sellens, and González-González, 2018)It is very
important to have professional skills of the field you are looking to make your
career into because that will be your core strength while doing any job. They
are the combination of hard skill which are the skills required at the workplace
and the soft skills these are personal skills on which an individual should
continuously work to get better.
 Foster confidence and credibility:
 Help in achieving career goals:
 Earning potentials

Identification of one skill that is particularly
important- personal SWOT analysis
Strengths Weaknesses
• I am patient and remain calm
• I am good with listening things
I tend to complete my work at the last moment
I am afraid of public speaking .
Opportunities Threats
• Learning new skills by working with different
peoples
• Team projects which will help me to know
how to manage and coordinate
• More experienced and qualified persons
• always fail to remain updated with the latest
information

Detailed examples of the actions that would be taken to
develop skills identifies as weaknesses in SWOT analysis
Skills Action plan Resources Time Frame
Preparing proper schedule
for work management
I have started making schedules
and plans of the task and
projects which is helping me to
complete and manage my
assignment and task on time
and reliving myself from stress
From internet, Mentor's
help , self plans
Within 1 month

Conclusion
From this presentation it is concluded that business management helps an individual to develop both
professionally which helps an individual to be successful in their careers and competent by developing
professional skills and core qualities and also academically which helps an individual to acquire
theoretical and practical knowledge of this subject which will help in future to an individual to be
efficient in their work and further also presented a SWOT analysis that will help to analyse what are the
efforts required to improve qualities and skills and where measures and plans are required to convert
them into advantages for one and in last determine the action plans that are initiated to overcome the
weaknesses and turn them into competitive advantage .

References
 Butt, 2021. Strategies to mitigate the impact of COVID-19 on supply chain disruptions: a multiple case
analysis of buyers and distributors. The International Journal of Logistics Management.
 Campisi,Canale, and Tesoriere, 2018, November. SWOT analysis for the implementation of spaces and
pedestrian paths at the street markets of Palermo. In AIP Conference Proceedings (Vol. 2040, No. 1, p.
140003). AIP Publishing LLC.
 Epstein, 2018. School, family, and community partnerships in teachers’ professional work. Journal of
Education for Teaching, 44(3), pp.397-406.

Thank-You