Business Management: SWOT Analysis and Skills for Professional Growth

This report delves into the multifaceted challenges encountered in studying business management and thriving in professional practice, highlighting the critical role of effective academic and cognitive skill development. It features an individual SWOT assessment identifying valuable talents and vulnerabilities, further illustrating actionable steps to improve identified weaknesses. The report emphasizes the significance of collaboration and continuous self-assessment for maintaining efficiency and fostering professional growth. Access detailed business management resources and solved assignments on Desklib.

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Table of content
 Introduction
 Challenges of studying business management and thriving in
professional practice (with appropriate examples)
 The importance of effective academic skills development
 The significance of developing cognitive skills
 Individual SWOT assessment identifies one talent that really is
especially valuable
 A comprehensive illustration of the steps which could be made
to improve abilities recognized as a vulnerability in the SWOT
assessment
 SUMMARY

Introduction
The functional responsibilities and functions used in the
organization, administration, implementation, collaboration,
tracking, outsourcing, and improvement of commercial
operations of a corporation are referred to as commercial
administration.

Challenges of studying business management
and thriving in professional practice (with
appropriate examples)
• Academic skills are the abilities, strategies and habits of
individual which helps leaner in terms of gaining success in
the academic career. Professional and academic skills are
one of the most essential areas which helps the students in
terms growth in the professional and academic life.
Business management is co-ordinating and organizing of
different functions and activities of business in order to
implement smooth operations. The course of business
management consists of learning several strategies and
functions so that an effective set of management can be
implemented in the business model.

The importance of effective academic
skills development
• Academic skills are the strategies, habits
and abilities that help the individual in the
succeeding in the career. These skills and
learning strategies are helpful for learner in
terms of learning the overall material of
course. Academic skills must be learnt in an
effective manner so that the overall
development in the individuals can happen
over the span of time.

The significance of developing cognitive
skills
• Vocational qualities are essential for a
person's employment advancement.
Workers must continue to upgrade their
abilities during respective careers to assure
that they have pertinent and current abilities
and experience. Vocational growth allows
people to become more efficient and
confident in their jobs. Vocational growth
improves a person's trust and legitimacy in
the workplace.

Individual SWOT assessment identifies
one talent that really is especially
valuable
STRENGTHS WEAKNESSES
 It facilitates quick judgement call.
 Boosts employee engagement
 It promotes innovation and the production of new
ideas.
 It boosts group enthusiasm and spirit.
 When a bunch works together, they are more
motivated to accept good chances.
 Certain persons might have had a tendency to be the
squad's leader.
 It can sometimes lead to workplace competitiveness.
 Several individuals might experience unwelcome if
their thoughts are frequently ignored.
 Collaboration is occasionally hampered by scheduled
difficulties.
OPPORTUNITY THREATS
 Collaboration can aid in the identification of those
with poor attitude.
 It enables you to be confronted by many others,
which enables for individual and career progress.
 Many people can reduce respective responsibilities.
 Certain individuals can lose confidence in many
others that might have an influence on the efficiency
of the company.

A comprehensive illustration of the steps
which could be made to improve abilities
recognized as a vulnerability in the
SWOT assessment• The activities listed below could be utilised to
improve collaborative skills:
• Training to understand and cooperate
successfully.
• Rather than criticizing others, understand how
to handle problems on your own.
• As often as feasible, becoming open and
honest with others.
• Acknowledge the accomplishments of your
organisation.
• Create and put openness into practise.

SUMMARY
Every learner should constantly recognise their obstacles and
strategies for dealing with issues. Experts must also examine
their performance on a regular basis to discover problems.
This would assist in the development of appropriate steps to
maintain their efficiency. One might, for example, choose to
improve their individual and career abilities. Collaboration is
important in any professional setting. People must
concentrate on oneself in order to be able to function properly
in a group. This could be accomplished by doing an individual
SWOT assessment to determine one's capabilities and
vulnerabilities.

References
• Kaowiwattanakul, S., 2016. Role of International Study
Experiences in the Personal and Professional Development
of University Lecturers in the Humanities and Social
Sciences Fields in Thailand. International Education
Journal: Comparative Perspectives, 15(2), pp.58-71.
• Ragan, D.D., 2018. A Structured Course for Personal and
Professional Development. Honors in Practice, 14, pp.43-
57.

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