Skills & Competencies for Top Economic Executive

Top Economic Executive job profile

JOB SUMMARY for Top Economic Executive

Provides economic data, prepares interpretative reports, and provides leadership for the company's use of economic data and adaptation of economic models.

JOB RESPONSIBILITIES for Top Economic Executive

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.

Top Economic Executive SALARY RANGE

BASE 50%
$304,101
TOTAL 50%
$367,357
Job Level
M05
Job Code
EX05000255
Education/Degree
JD, MD, PhD or Equivalent
Reports To
Top Management

Top Economic Executive Skills and Competencies List

Proficiency Levels and Behavioural Indicators
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 Top Economic Executive skill and competencie below to view definitions.

8 general skills or competencies (Job family competencies) for Top Economic Executive

1 Job Family Competencies – Business Architecture
Proficiency Level -3
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents the enterprise-level business architecture standards.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Partners with various professionals to identify issues in the delivery of the business architecture.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Guides the business process redesign teams to develop new business process architectures.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Leads the development of business process architecture using various tools and technologies.
See 4 More Skill Behaviors
2 Job Family Competencies – Business Strategy
Proficiency Level -3
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Supports the execution of business strategy to ensure delivery of positive results.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Partners with key stakeholders to achieve business strategy and corporate objectives.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Facilitates the development of cross-functional project plans to align with business strategy.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes financial metrics to evaluate the performance of a business strategy.
See 4 More Skill Behaviors
3 Top Economic Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Economic Executive
Proficiency Level - 4
5 Competency for - Top Economic Executive
Proficiency Level - 5

7 soft skills or competencies (core competencies) for Top Economic Executive

1 Core Competencies – Organizational Leadership
Proficiency Level -4
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Informs the management of the challenges that may hinder our business success.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Translates strategies into actionable plans to accomplish organizational success.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Supervises employees in accomplishing their tasks that contribute to our business success.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Generates and implements effective plans to anticipate organizational growth and challenges.
See 4 More Skill Behaviors
2 Core Competencies – Visioning
Proficiency Level -4
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Seeks opportunities to align stakeholder strengths and aspirations with our business or team vision.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Translates organizational vision into clear, specific, and actionable tasks to achieve goals effectively.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors activities and results against previously stated vision, expectations, and goals.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Keeps informed with industry trends and competitors to acquire new ideas in achieving our business vision.
See 4 More Skill Behaviors
3 Top Economic Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Economic Executive
Proficiency Level - 4
5 Competency for - Top Economic Executive
Proficiency Level - 5

Summary of Top Economic Executive skills and competencies

There are 0 hard skills for Top Economic Executive.
8 general skills for Top Economic Executive, Business Architecture, Business Strategy, Data Analytics, etc.
7 soft skills for Top Economic Executive, 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 Top Economic Executive, he or she needs to be skilled in Organizational Leadership, be skilled in Visioning, and be skilled in Systems Thinking.

It's Easy to Get Started

Get the precision you need to assess, hire, and develop top talent with skills and competencies – see how with a personalized demo.