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)
Explains the importance of business capability modeling and frameworks in business architecture.
Level 2 Behaviors
(Light Experience)
Documents the enterprise-level business architecture standards.
Level 3 Behaviors
(Moderate Experience)
Partners with various professionals to identify issues in the delivery of the business architecture.
Level 4 Behaviors
(Extensive Experience)
Guides the business process redesign teams to develop new business process architectures.
Level 5 Behaviors
(Mastery)
Leads the development of business process architecture using various tools and technologies.
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.
Level 2 Behaviors
(Light Experience)
Reports statistical data for presentations to support business strategy.
Level 3 Behaviors
(Moderate Experience)
Partners with key stakeholders to achieve business strategy and corporate objectives.
Level 4 Behaviors
(Extensive Experience)
Facilitates the development of cross-functional project plans to align with business strategy.
Level 5 Behaviors
(Mastery)
Establishes financial metrics to evaluate the performance of a business strategy.
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)
Explains the correlation between organizational goals and strategies.
Level 2 Behaviors
(Light Experience)
Gathers necessary information to assist management in improving our organizational efficiency.
Level 3 Behaviors
(Moderate Experience)
Implements innovative solutions to resolve complex business challenges.
Level 4 Behaviors
(Extensive Experience)
Sets clear timelines for each task to ensure the accomplishment of organizational goals.
Level 5 Behaviors
(Mastery)
Fosters an environment that encourages staff to work toward achieving organizational goals.
Skill definition-Crafting and communicating the organizational vision to motivate and guide others in achieving goals and strategic plans.
Level 1 Behaviors
(General Familiarity)
Lists obstacles, challenges, and potential problems in implementing our business vision.
Level 2 Behaviors
(Light Experience)
Seeks opportunities to align stakeholder strengths and aspirations with our business or team vision.
Level 3 Behaviors
(Moderate Experience)
Makes sound decisions to align our business vision to adapt to a volatile and changing environment.
Level 4 Behaviors
(Extensive Experience)
Monitors activities and results against previously stated vision, expectations, and goals.
Level 5 Behaviors
(Mastery)
Keeps informed with industry trends and competitors to acquire new ideas in achieving our business vision.
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.
