Skills & Competencies for Top Economic Executive

Top Economic Executive job profile

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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.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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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)
Cites examples of strategies and processes used in business architecture.
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Level 2 Behaviors
(Light Experience)
Applies the business architecture principles to identify alternative solutions.
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Level 3 Behaviors
(Moderate Experience)
Checks solution blueprints to align with business architecture strategies.
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Level 4 Behaviors
(Extensive Experience)
Delivers innovative solutions to resolve critical business process architecture issues.
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Level 5 Behaviors
(Mastery)
Builds training programs for the new employees to learn and use the best practices of business architecture.
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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)
Cites examples and best practices of great business strategies.
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Level 2 Behaviors
(Light Experience)
Assists in improving programs based on our organization's business strategy.
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Level 3 Behaviors
(Moderate Experience)
Administers innovative analytical solutions to optimize business strategy.
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Level 4 Behaviors
(Extensive Experience)
Contributes to the business strategy to articulate the broad implications of business trends.
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Level 5 Behaviors
(Mastery)
Champions the adoption of the latest technologies to implement various business strategies.
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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)
Classifies different leadership styles within our organization.
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Level 2 Behaviors
(Light Experience)
Assists in creating strategies that align with our organization’s mission and vision.
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Level 3 Behaviors
(Moderate Experience)
Assesses our business needs to identify and develop corrective action plans.
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Level 4 Behaviors
(Extensive Experience)
Builds positive relationships with team members to ensure the fulfillment of common goals.
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Level 5 Behaviors
(Mastery)
Creates incentive programs to encourage employees to hone their strengths in different areas.
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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)
Describes the basic concept and principles of visioning processes.
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Level 2 Behaviors
(Light Experience)
Applies framework or methods to create a clear and challenging organizational vision.
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Level 3 Behaviors
(Moderate Experience)
Collaborates with cross-functional teams in the decision-making process to develop a shared vision.
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Level 4 Behaviors
(Extensive Experience)
Drives new initiatives, projects, or tasks parallel to our business vision, goals, and purpose.
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Level 5 Behaviors
(Mastery)
Designs guidelines, rules, and procedures to achieve our business's shared vision and mission.
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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.

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