11 general skills or competencies (Job family competencies) for Economics Analyst III
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)
Reports statistical data for presentations to support business strategy.
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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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10 soft skills or competencies (core competencies) for Economics Analyst III
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Lists the principles and procedures of gathering information.
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Level 2 Behaviors
(Light Experience)
Determines the source of information to verify its reliability.
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Level 3 Behaviors
(Moderate Experience)
Uses survey results to identify areas that need improvement within our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends improvement of our business's records retention program.
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Level 5 Behaviors
(Mastery)
Establishes procedures for gathering information to anticipate future customer or business needs.
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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)
Differentiates between predictive analytics and machine learning.
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Level 2 Behaviors
(Light Experience)
Collects data from specific sources to support data processing in predictive analytics.
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Level 3 Behaviors
(Moderate Experience)
Recommends fixes and optimizations to avoid future malfunctions and maximize efficiency.
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Level 4 Behaviors
(Extensive Experience)
Monitors performance to ensure accuracy and relevance of predictions in driving organizational growth.
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Level 5 Behaviors
(Mastery)
Develops predictive models to determine and draw up predictions about future industry trends.
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Summary of Economics Analyst III skills and competencies
There are 0 hard skills for Economics Analyst III.
11 general skills for Economics Analyst III, Business Architecture, Business Strategy, Data Analytics, etc.
10 soft skills for Economics Analyst III, Gathering Information, Predictive Analytics, Problem Solving, etc.
While the list totals 21 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 III, he or she needs to be skilled in Gathering Information, be skilled in Predictive Analytics, and be skilled in Problem Solving.