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Economy

Economy is the capability to efficiently allocate resources and manage financial affairs, reflecting a value of fiscal responsibility and sustainability. This requires discernment, foresight, and practical decision-making, demonstrating an ethical commitment to balance organizational needs with effective stewardship of resources.

Level 1: Emerging

At an emerging level you are beginning to understand and apply economic principles in decision-making, valuing resources and understanding their impact on economic sustainability and organizational growth.

Level 2: Proficient

At a proficient level you are able to effectively balance economic considerations with ethical values, making decisions that prioritize both financial sustainability and societal impact within the organization.

Level 3: Advanced

At an advanced level you are able to consistently make decisions that prioritize financial responsibility, ethical stewardship, and long-term sustainability in alignment with the organization's core values.

Where is this capability used?