11 general skills or competencies (Job family competencies) for Economics Analyst I
Skill definition-Designing and implementing business strategies, goals, and objectives to deliver end-to-end business value.
Level 1 Behaviors
(General Familiarity)
Explains the importance of business capability modeling and frameworks in business architecture.
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Level 2 Behaviors
(Light Experience)
Documents the enterprise-level business architecture standards.
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Level 3 Behaviors
(Moderate Experience)
Partners with various professionals to identify issues in the delivery of the business architecture.
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Level 4 Behaviors
(Extensive Experience)
Guides the business process redesign teams to develop new business process architectures.
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Level 5 Behaviors
(Mastery)
Leads the development of business process architecture using various tools and technologies.
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Skill definition-Developing and implementing plans to assess the actions and goals of a business.
Level 1 Behaviors
(General Familiarity)
Explains the development techniques for creating a business strategy.
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Level 2 Behaviors
(Light Experience)
Supports the execution of business strategy to ensure delivery of positive results.
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Level 3 Behaviors
(Moderate Experience)
Partners with key stakeholders to achieve business strategy and corporate objectives.
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Level 4 Behaviors
(Extensive Experience)
Facilitates the development of cross-functional project plans to align with business strategy.
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Level 5 Behaviors
(Mastery)
Establishes financial metrics to evaluate the performance of a business strategy.
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7 soft skills or competencies (core competencies) for Economics Analyst I
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Cites examples of methods used to collect and compile information.
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Level 2 Behaviors
(Light Experience)
Applies techniques and tools to gather, organize, and archive pertinent information.
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Level 3 Behaviors
(Moderate Experience)
Analyzes employees' feedback to determine necessary changes to be implemented within our business.
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Level 4 Behaviors
(Extensive Experience)
Implements strategies to streamline the data collection process.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and methods to simplify the information-gathering process.
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Skill definition-Gathering, analyzing, and predicting patterns and structures of historical data and trends to make strategic decisions for better future outcomes.
Level 1 Behaviors
(General Familiarity)
Describes the basics of predictive model techniques.
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Level 2 Behaviors
(Light Experience)
Applies appropriate statistical tools to test and validate all assumptions.
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Level 3 Behaviors
(Moderate Experience)
Contributes to the development of multiple models to predict future behavioral outcomes.
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Level 4 Behaviors
(Extensive Experience)
Develops data analysis strategy and predictive models for various functions or measurements.
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Level 5 Behaviors
(Mastery)
Adopts advanced techniques for evaluating the quality and relevance of data used in predictive models.
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Summary of Economics Analyst I skills and competencies
There are 0 hard skills for Economics Analyst I.
11 general skills for Economics Analyst I, Business Architecture, Business Strategy, Data Analytics, etc.
7 soft skills for Economics Analyst I, Gathering Information, Predictive Analytics, Initiative, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Economics Analyst I, he or she needs to be proficient in Gathering Information, be proficient in Predictive Analytics, and be proficient in Initiative.