Targeted speech sound practice is useful when a person has difficulty producing segmentals (such as consonants or vowels), or suprasegmentals (such as rhythm, stress, intonation of speech). These skills need to be practiced before moving onto conversational speech. Only through developing 'motor memory' and producing correct sounds will students develop into achieving successful conversational speech.
Typically, reading aloud will not improve sound production for the student. Reading aloud, when practicing with a helper, will help with awareness of volume, phrasing, expression, as well as fluency and rate of speech - also important aspects of conversational speech.