Provides economic data, prepares interpretative reports, and provides leadership for the company's use of economic data and adaptation of economic models.
Communicates the results of economic studies to the stakeholders and sets guidelines for corporate economic strategies. Understands the macro and micro economic environment and its impact on the industry.
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each VP of Economic Analytics skill and competencie below to view definitions.
Skill definition-Designing and implementing business strategies, goals, and objectives to deliver end-to-end business value.
Level 1 Behaviors
(General Familiarity)
Lists the basic functions and features of business architecture tools.
Level 2 Behaviors
(Light Experience)
Supports the implementation of business architecture practices.
Level 3 Behaviors
(Moderate Experience)
Performs quality assessments to analyze the gaps in the baseline business architecture.
Level 4 Behaviors
(Extensive Experience)
Provides recommendations in existing architecture standards to achieve efficiency in business operations.
Level 5 Behaviors
(Mastery)
Mentors the team of architects to deliver solution architectures for improvements.
Skill definition-Developing and implementing plans to assess the actions and goals of a business.
Level 1 Behaviors
(General Familiarity)
Describes the correlation of business strategy with our organization's vision.
Level 2 Behaviors
(Light Experience)
Collects all relevant information and calculations to determine business strategy.
Level 3 Behaviors
(Moderate Experience)
Communicates with leadership to develop a business strategy for increasing volume and profitability.
Level 4 Behaviors
(Extensive Experience)
Determines different perspectives to manage practices and fulfill the business strategy.
Level 5 Behaviors
(Mastery)
Creates best practices in developing and designing a business strategy to assess actions.
Skill definition-Strategically influencing, guiding, and motivating a team of people to work toward the achievement of organizational goals and objectives.
Level 1 Behaviors
(General Familiarity)
Describes the importance of effective goal-setting in achieving organizational success.
Level 2 Behaviors
(Light Experience)
Displays a positive attitude during challenging situations at work.
Level 3 Behaviors
(Moderate Experience)
Executes organizational plans to address the needs of internal and external stakeholders.
Level 4 Behaviors
(Extensive Experience)
Encourages others to perform well and work together toward a unified purpose.
Level 5 Behaviors
(Mastery)
Develops creative solutions to resolve business challenges within our organization.
Skill definition-Crafting and communicating the organizational vision to motivate and guide others in achieving goals and strategic plans.
Level 1 Behaviors
(General Familiarity)
Describes the difference between a vision statement and a mission statement.
Level 2 Behaviors
(Light Experience)
Assists in designing organizational vision, values, and direction.
Level 3 Behaviors
(Moderate Experience)
Communicates vision and strategy through continuous updates with all stakeholders to keep them informed.
Level 4 Behaviors
(Extensive Experience)
Encourages and supports team members to explore strategic ways to execute our business vision.
Level 5 Behaviors
(Mastery)
Develops a strategic organizational vision to aim performance standards and business targets.
There are 0 hard skills for VP of Economic Analytics.
8 general skills for VP of Economic Analytics, Business Architecture, Business Strategy, Data Analytics, etc.
7 soft skills for VP of Economic Analytics, Organizational Leadership, Visioning, Systems Thinking, etc.
While the list totals 15 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 VP of Economic Analytics, he or she needs to be skilled in Organizational Leadership, be skilled in Visioning, and be skilled in Systems Thinking.
