Exploring Challenges in Business Management & Professional Practices

This report examines the challenges encountered in studying business management and thriving in professional practices, emphasizing the critical role of both academic and professional skills development. It highlights the importance of academic skills such as multitasking, critical thinking, and goal setting, as well as professional skills that enhance earning potential, credibility, and career goal achievement. Effective teamwork skills, including communication, collaboration, and leadership, are also discussed as essential for achieving desired outcomes. The report concludes that professional and academic skills are vital for individual success and organizational goal attainment in business management.

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TABLE OF CONTENT
INTRODUCTION
MAIN BODY
Challenges Of studying business management
and thriving in professional practices.
The importance of effective academic skills
development.
The importance of effective professional skills
development.
Effective team working skills .
CONCLUSION
REFERENCES

INTRODUCTION
Professional development refers to continuous
and consistent training and development of
individual. The purpose of professional
development is to keep the individual
updated with current trends and enable
career progression, empowering individuals to
shine in their current and future roles. On the
other hand academic development is a set of
challenges that an individual need to
overcome to develop their full potential in
term skills and knowledge that will increase
the overall productivity and performance of
an individual.

Challenges Of studying
business management and
thriving in professional
practices.
In common words, business management is the
coordination and organisation of business activities
that will improve the overall productivity of
organisation. Business management is a subject
which has a very wide scope in context to
individual career.
• Adopting new surrounding
• Scheduling
• Team work

The importance of effective
academic skills development.
It is crucial for an individual to theoretical
knowledge and skills that will help an
individual to remain competitive in business.
Academic skills are the capabilities, strategies
and abilities of an individual that help them to
succeed in academic setting.
• Multitasking
• Ability To think critically
• Setting goals

The importance of effective
professional skills
development
Professional skills are the expertise
knowledge or core competencies that an
individual possess in a particular field by
acquiring adequate knowledge and skills ,
which leads an individual to achieve growth
and success in their career.
• Earning potential
• Foster potential and credibility
• Help in achieving career goals

Effective team working skills
It refers to an skills that enable an individual top
work well with other. It determines qualities and
abilities that allow you to work effectively with
others by managing their efforts and skills and
delegating it to the team members in accordance
of their knowledge and skills (Spiller, 2020) .
Effective team work requires proper
communication, coordination, active listening
and responsible which leads in achievement of
their desired outcomes.
• Communication
• Collaboration
• Leadership

CONCLUSION
From the above report it is concluded that
professional and academic skills plays a vital
and crucial role in an individual life. It is an
essential element in business management as
it help in achievement of organisation goals
and objectives. This report analyse the various
challenges that are being faced by the
individuals in thriving and studying business
management. It also includes the importance
and role of professional and academic skills
development in an individual life

REFERENCES
• ALfrijat, 2020. Compliance with Continuing
Professional Development (IES7) of Internal
Auditor and Quality of Internal Audit Function.
Accounting and Finance Research, 9(1), pp.1-28.
• Di Vaio and et.al, 2020. Artificial intelligence and
business models in the sustainable development
goals perspective: A systematic literature review.
Journal of Business Research, 121, pp.283-314.
• Erasmus and Rudansky-Kloppers, 2020.
Introduction to business management. Oxford
University Press.