Elements Of Strategic Planning Research Articles

The Role of Competitor Analysis, Market Orientation, and Service Quality in Working Capital Management and Operational Leverage as Links to Financial Stability of Manufacturing Companies Listed on the IDX: A Qualitative Approach

This study investigates the interconnectedness of competitor analysis, market orientation, service quality, working capital management, and operational leverage in shaping organizational financial stability. The research aims to identify strategic implications for effective management of these factors and provide insights for both theoretical understanding and managerial practice. The study employs a systematic literature review methodology to analyze existing research across various domains and synthesizes findings to elucidate the relationships among the variables. The results reveal that competitor analysis serves as a foundational element in strategic planning by providing insights into market dynamics and competitive positioning. Market orientation complements this by emphasizing customer-centricity and responsiveness to market needs, while service quality emerges as a critical determinant of organizational success. Effective working capital management and operational leverage strategies significantly impact financial stability by optimizing resource utilization and cost efficiency. The findings suggest that organizations must adopt a multidimensional approach to strategic management, integrating insights from marketing, finance, and operations. Managerial implications include prioritizing investments in market intelligence, fostering a customer-centric culture, optimizing working capital management practices, and carefully managing operational leverage. Collaboration across functional areas and agile decision-making are essential for adapting strategies to dynamic market conditions. Overall, the study contributes to a deeper understanding of the complex interplay among these factors and provides actionable recommendations for enhancing financial stability and sustaining competitive advantage.

Balancing cleaner energy and geopolitical interests in the complex transition of the European electricity mix: from Fukushima to the Ukraine war

In the modern world, electric energy plays a pivotal role in sustaining life and driving technological, scientific, and human development. Consequently, the selection and availability of the energy sources used for electricity generation have become crucial elements of strategic planning for countries and economic blocks. Moreover, the impact of these choices extends beyond the mere energy demand/supply, affecting economies, societies and the environment across geographical boundaries. This study delves into the various factors influencing the composition and the recent expansion of the European electricity mix. It explores the interplay of environmental, climatic, political, economic, and external factors that shape Europe’s energy choices. To conduct this analysis, we utilized data from the International Energy Agency on electricity generation and GHG emissions. Data mining techniques were employed to uncover patterns and trends in the monthly data from 2010 to 2022, from which political and economic milestones such as the shutdown of nuclear power plants and the European Union’s increased reliance on natural gas imports from Russia were examined. The study also discusses the impact of using natural gas for power generation on increasing GHG emissions. Ultimately, this research reveals that the European Union choices in transitioning towards a cleaner electricity mix have not yet proven efficient. In fact, these choices may have inadvertently created favorable conditions for Russia’s invasion of Ukraine, triggering, not only a humanitarian crisis, but also an economic downturn in Europe due to soaring energy prices. This crisis could potentially extend beyond Europe and impact the whole planet in 2023 and on, including developing countries that rely on stable energy prices for their sustainable growth.

ESG concepts in business practice Characteristics and assessment of common ESG frameworks

In today’s business environment, incorporating Environmental, Social, and Governance (ESG) principles into corporate strategies has evolved from being a marginal consideration to a core element of strategic planning. In the study, we characterize and assess ten widely recognized ESG frameworks. The selection of these frameworks is grounded in a literature review, complemented by an analysis of professional websites and forums that offer rankings of prevalent frameworks. Additionally, our own expertise in the field is used in this selection process. Our evaluation of ten key ESG frameworks reveals a spectrum of approaches to sustainability and responsibility. GRI and PRI are noted for their global scope, while SASB provides industry-specific insights but with limited scope. CDP and TCFD excel in environmental and climate aspects, respectively. IFRS Standards are developing a global reach, and IIRC focuses on integrating sustainability with financial reporting. PRI and UNGC are based on voluntary commitment, offering broad frameworks. CDSB and IIRC, while focused, encounter implementation challenges. IFC Performance Standards are comprehensive in project finance. Each framework, with its unique strengths and challenges, varies in global recognition, applicability, and stakeholder relevance, contributing differently to sustainable practices. Key words: environmental, social, and governance (ESG); ESG frameworks; ESG standards; sustainability reporting; business strategy

Hydroponic Green House Business Development Strategy Using Business Model Canvas (BMC)

Tangerang City, located in the Banten Province of Indonesia, covers an area of approximately 164.55 km2 and holds significant potential in agribusiness, particularly in the production of vegetables and fruits using hydroponic urban farming methods. In 2022, the vegetable harvest reached 411 hectares with a yield of around 36,547 quintals. The results of the SWOT analysis indicate that product farmers in Tangerang City are currently experiencing strong growth, with opportunities and strengths supporting the expansion of their product businesses. The Women Farmers Group (WFG) in Tangerang City faces challenges in formulating effective business strategies, despite playing a crucial role in the local economy. The SWOT evaluation of the elements within WFG's Business Model Canvas in Tangerang City has generated eight alternative strategies, including market expansion, optimization of marketing partners, increased marketing and promotional efforts, enhanced production, human resource development, product innovation, and utilization of e-commerce. The highest-priority strategy is product innovation, which is a key factor in maintaining competitiveness and adapting to market changes. Innovation is a crucial element in strategic planning to sustain competitive advantages and meet evolving market demands.

From performance to efficiency of government programmes’ financing in the subjects of the Russian Federation

Government programmes as an element of strategic planning are meant to logically link budget expenditures with attaining long-term priorities of socioeconomic development. In the Russian Federation, the vast majority of regional budget expenditures are programme expenditures. At the same time, a plenty of practical examples evidence the imperfection of the established methodological approaches to financing government programmes, which impairs their outcomes. The paper aims to produce practical recommendations on improving the assessment of government programmes’ financing efficiency in the subjects of the Russian Federation. Methodologically, the research relies on the approaches of programme-based budgeting. The methods are logical structural analysis and synthesis. According to the qualitative analysis of the government programmes’ financing at the regional level in the Russian Federation, the major problem of assessing the efficiency of this financing is the insufficient coherence between its structure and expected outcomes. As a consequence, the target programme method is applied formally. The analysis of the case of the Sverdlovsk oblast demonstrated that the existing method for assessing the efficiency of the government programmes’ financ ing in the subjects of the Russian Federation actually evaluates performance rather than efficiency of the financing. In line with this, the paper formulates practical recommendations concerning the improvement of the method for assessing the efficiency of the government programmes’ financing and the development of the system for their financing in the constituting entities of the Russian Federation: to decompose target indicators more accurately, to avoid including financing of maintenance activities, to impose stricter requirements to the composition of the funding and the quality of goal-setting.

Investigating the Effect of Strategic Planning on the Financial Performance of SMEs in Namibia

Small and Medium Enterprises (SMEs) are hypothesised to play a critical part and serve as a crucial source of income and employment creation in many economies. SMEs contribute about 12% of the Namibian Gross Domestic Product (GDP) and provide employment or income to about 160 000 Namibian citizens. Namibia has witnessed remarkable growth in the number of SMEs in recent decades, with over 28 000 formally registered SMEs. However, most SMEs in Namibia experience difficulties, some of which may threaten their existence. Numerous external and internal factors impact business performance: failure to develop strategic plans, lack of finance, poor financial management, and lack of suitable management skills. The literature argues that financial performance challenges faced by SMEs can be mitigated with a clear and well-articulated strategic plan. This study set out to investigate the effect of strategic planning on the financial performance of SMEs. The results confirm that strategic planning has a positive effect on the financial performance of SMEs. However, many SMEs indicated that they had never done strategic planning. The study also found that Issue-based strategic planning is a commonly used strategic planning model. Policy implications indicate that although strategic planning is found to enhance SMEs' financial performance, the majority of them lack an optimal mix of strategic planning elements. The study recommends using strategic planning to set clear financial performance targets and for relevant stakeholders to introduce policies that help equip SME owners/managers with the optimal mix of business management skills.

무예 축제의 전략기획 요소가 도시재생 성과에 미치는 영향

This study uses a questionnaire technique for participants who visited the Tongyeong Hansan Daecheop Festival to provide basic data for revitalization of martial arts festival planning by analyzing the strategic planning elements of martial arts festivals and their impact on urban regeneration performance in local festivals. 300 copies were used for the final analysis. Data processing for hypothesis verification was statistically processed using SPSS 24.0 (ver), and the following conclusions were obtained. First, the thematic, subjective, timely, spatial and local, deviation and resolution elements of the sub-factors of strategic planning had a statistically significant effect on festival satisfaction. Second, the thematic, subjective, spatial and emotional elements of the strategic planning sub-factors had a statistically significant effect on the urban regeneration performance. Third, satisfaction with the festival program had a statistically significant effect on all of the overall urban regeneration performance, physical environmental performance, socio-cultural performance, and industrial economic performance of sub-factors.

Особенности стратегического менеджмента в коммерческих и государственных организациях

The key factors of the relevance of the implementation of strategic management in public institutions are identified. The basic differences between the elements of strategic planning in government and commercial organizations are substantiated: mission, vision, main strategic goals, strategic objectives, strategic maps and operational plans. The features of the organization of strategic management of commercial and government institutions are revealed at the stages of: preparation for the implementation of the strategic management system, the creation of a strategic committee, the development and protection of strategic plans of the organization and its individual units, monitoring the implementation of plans and reporting managers on the strategic committee.

The impact of strategic planning on the performance of the private corporations in Palestine from the perspective of balanced scorecard

This study aims to identify the impact of strategic planning on the performance of private corporations for a model from developing countries. Secondary data were obtained from articles, books, and records. The preliminary data were collected with the help of the questionnaire. The survey included the employees with knowledge in the field of administrative sciences, economics, and people with knowledge and experience in the area of strategic planning for 13 service corporations. The data collected from private corporations were analysed by using Statistical Package for the Social Sciences (SPSS). The study reached several results, the most important of which is that strategic planning and elements of strategic planning have a positive impact on performance. Also, the study showed that there is a difference in the application of strategic planning due to the size of the corporation and the operational period of the corporation.

ВЕКТОРИ ОПТИМІЗАЦІЇ МАРКЕТИНГОВОЇ СТРАТЕГІЇ ПІДПРИЄМСТВ ТУРИСТИЧНОЇ ГАЛУЗІ (НА ПРИКЛАДІ ТУРИСТИЧНОЇ АГЕНЦІЇ «О-ТУР»)

The article explores the actual problems of the marketing strategy of enterprises in the tourism industry and suggests ways to improve it on the example of the travel agency «O-Tour» (Ivano-Frankivsk, Ukraine), including: improvement of advertising activities through a comprehensive advertising campaigns, differentiation of pricing strategies, coverage of new niches in the domestic tourism market in the region, activation of communication on the Internet, developmen tof a website for greater visualization of services and its SEO-optimization. Trave lagency «O-Tour» monitors changes in the tourist market, studies the activities of competing companies and constantly expands the range of tourist services in order to meet the needs of existing and attract new customers, increase profits and the image of the company. A quality product policy and constant updating of the assortment is a key task in the activity of a travel agency. The marketing strategy of a tourist enterprise involves a number of marketing measures to promote its services to the market, including also definition of goals, planning of marketing measures, analysis, monitoring. Marketing strategy includes strategies for target markets, the marketing mix, as well as for the level of marketing expenses. Ananalysis of the price policy of the travel agency and its competitors was carried out, that showed the ability of the travel agency to cover most segments of the tourist market, regardless of their financial status. SWOT-analysis and PEST-analysis were used to assess potential problems and prospective areas of activity, which made it possible to propose ways to optimize marketing activities. It is also necessary to strengthen the position on the market of tourist services thanks to a clear marketing strategy, the correct way of forming goals, the introduction of the latest systems and technologies in the management process. Thus, the determination of the company’s strengths and weaknesses, opportunities and threats, the reflection of the influence of such factors as politics, economy, society and technology are elements of strategic planning.

УПРАВЛІННЯ ІМІДЖЕМ ПІДПРИЄМСТВА ГОСТИННОСТІ ТА ОСОБЛИВОСТІ ЙОГО ФОРМУВАННЯ

The article is devoted to the study of the image of the hospitality industry as the main determinant of the successful functioning of the hotel and restaurant industry. The topic of the research is relevant, because today, in the conditions of market competition, the image plays an important role in the formation of the stability of the enterprise. Hospitality establishments that want to be successful and recognized must pay attention to creating a positive image. This is an important element of strategic planning that helps the enterprise find its place in society and become popular among customers. The work examines the aspects of the formation and development of the image of the enterprise and it is found that the image is a complex concept, the elements of which are reputation, product and service quality, design, popularity, price, discount system, mission and strategy of the institution, corporate style, etc. The named components form the unique characteristics of the enterprise, which influence its perception by consumers. The theoretical and methodological foundations of the formation and management of the image of the hospitality establishment, which contribute to the successful functioning of the enterprise on the service market, are substantiated. It was found that the management of the image of the enterprise should be based on the modeling of its various characteristics, including: perception groups, a set of perceived and measurable characteristics of the enterprise, the estimated values of the properties and their weight, the duration of the existence of the image, its clarity and stability, the level of positivity or negativity, optimality, direction of the company’s activities, expenses for image creation and maintenance. The process of forming and managing the image of the enterprise should be strategic, and the activity coordinated and systematic. Creating an image is a complex and multifaceted process, in which, when planning a program of image activities, it is necessary to act in a coordinated manner, with maximum consideration of all possible circumstances. Effective ways of improving the image of the hospitality enterprise have been determined, the most productive of which is the development of one’s own well-thought-out program for creating a positive image with the mandatory formation of interrelated elements: the foundation, external, internal and intangible images, covering all components and means of creating a successful image. The main factors that effectively influence the formation of a positive image of enterprises in the hospitality industry have been established. The company’s current image must meet today’s criteria and requirements, satisfy current consumer demands and provide such services as modern standards require.

A qualitative study on sustainable marketing and strategy applied to creation of value according to SDG’s 2030

The main purpose of this research is to highlight the role of sustainable marketing and strategy as business disciplines, oriented to develop solid strategies aimed at meeting the corporate objectives and the Sustainable Development Goals (SDGs) 2030 of the United Nations. This work, in its initial stages, is focusing on documenting the experiences of entrepreneurs and organizations from various industries in Baja California, Mexico, such as medical, maquila, transportation, electronics, electro domestics, restaurants, quality, entrepreneurship, among other relevant local industries. With this, it ca n be implied that sustainable precepts, according to SDGs 2030, are a parameter of certainty that companies and the private sector can take advantage to rethink their traditional objectives and generate strategies focused on sustainable development. And it is in this balance where the efforts of those companies defined or conceptualized as sustainable are mainly concentrated. To visualize how the companies participating in the study plan to integrate their objectives and strategies into the 2030 Sustainable Development Goals (UN), a qualitative study (focus group session) with 11 participants of different industries and corporate concepts is presented with its results. Participants are part of an academic course (Sustainable Business), which is aimed to improve conscience and value of sustainable precepts applied to business. The main results of the focus group establish the testimony of participants, who enhance the strategic planning elements of their companies and their business objectives that can be matched with the United Nations (UN) SDGs 2030. Also, results show the application of these objectives to create innovative strategies of business and marketing with a sustainable approach and orientation.

METHODOLOGICAL AND ORGANIZATIONAL ASPECTS OF CREATING A RISK ASSESSMENT SYSTEM IN THE FIELD OF CIVIL PROTECTION

The crisis situation caused by the spread of coronavirus disease (COVID-19) in the world and in Ukraine raises the issue of building national stability, forming an appropriate legal framework and organizational system, development of its individual components, including crisis management. The article presents a comprehensive model of introduction of a multilevel threat assessment system in Ukraine. It aims to implement in our country the best world practices, taking into account the peculiarities of the organization of the national security system of Ukraine, regulatory and legal support, existing experience, as well as the goals of state and society. To perform these tasks, the best world practices of functioning of such systems and current legislative documents of Ukraine are analyzed. This system should become an effective decision-making tool in the field of national security and civil protection, an important element of strategic planning, will help increase the level of readiness of the state and society to respond to a wide range of threats. The functioning of such a system is especially relevant at the initial stage of building national stability, when the relevant culture and political and managerial processes are just being formed. The article presents a methodology that can be used to assess threats to Ukraine's national security and improve strategic planning. This takes into account the recommendations for risk assessment set out in DSTU IEC / ISO 31010: 2013. Based on the legislation of Ukraine, a model of organizational support of the system of assessment of threats to national security has been developed, the implementation of which involves several stages. It is investigated that the implementation of the proposed comprehensive measures will significantly increase the level of readiness of the state and society to respond to a wide range of threats of various origins. In addition, it will ensure the continuity of critical processes in the country, and will be a significant step towards improving strategic planning in Ukraine.

CORPORATE SOCIAL RESPONSIBILITY IN THE INDUSTRY: TEKNOVIDRIO CASE

The aspects are presented and the actions carried out and projected (proposals) in support of the social responsibility of impact are specified, as well as the interest groups and philanthropy are an important aspect to consider that has an impact on its CSR. And in relation to the operation of the conditions of Corporate Social Responsibility from the elements of Strategic Planning, identifying that it has influence and impact not only on its clients, but on all interested parties, it impacts society, not generating waste by environment and/or social programs. As well as identify the importance of its Civil Social responsibility. And as identifying the risk activities that, according to their actions, aimed at CSR and the way in which they are addressed, defining as the first link, the importance of CSR.

Analysis of segments of helicopters’ works market as an element of strategic planning of helicopter construction company

Current studies, connected to research of state and condition of use of helicopters, do not give a clear picture of market demand for types and modification of helicopters. Hence, there is no strait answer how the helicopters construction company should react to the market demand uncertainty. The need for deeper research in the shown direction grows constantly. The marketing results will enable helicopter construction company to segment the works of the helicopters and based on that to define its development strategic goals.

Strategic management as a tool for improving the tourist enterprise management system

The sphere of tourism can be safely attributed to the category of unique in efficiency industrial complexes that can help solve economic anti-crisis problems. Tourist activity has a significant impact on economic growth, which is manifested in the improvement of entrepreneurship, the scale of production of products and services, the growth of effective demand. The article considers the concept of strategic management in the tourism industry. In the course of research the stages of a cycle of strategic management of the tourist company are defined on the basis. The constituent elements of strategic planning as a basis of strategic management are considered. Peculiarities of strategic management at tourist enterprises are determined. The article identifies current problems of management of tourist enterprises in Ukraine. It is noted that the success of the tourist enterprises of Ukraine depends on an effective system of management and coordination of all components of tourist attractiveness: tourist resources, infrastructure, investment and quality service. It is offered to consider the management system of the tourist enterprise in dynamics which interacts with such important elements, as: tourist resources, services, production, external environment and the factors influencing development of tourist sphere, the purposes of development of system of management of tourism. The key characteristics of the process of realization of the tourist enterprise management system are given. In today’s global economic change and the crisis in the tourism industry, tourism companies should apply strategic management, which includes a program of action to identify specific goals and means of implementing the chosen path of development. The strategic management of tourism enterprises should be based on strategic planning, which will provide an opportunity to predict the future development of production of goods and services, promising projects, personnel and financial activities on a planned basis. Key words: strategic management, management system, planning, strategy, tourism company.

Budgeting in Thailand

This review provides an overview of the budgetary landscape in Thailand and identifies the legal and constitutional aspects that impact on the planning, preparation and reporting of the budget. It then discusses strategic planning elements of the budget, specifically fiscal objectives, medium-term planning, capital investment, the management of fiscal risk in budgets and performance budgeting. It focuses on the development and preparation of the budget, the oversight of the execution of the budget, and the accounting and reporting functions supporting the budget. The final section considers the oversight and accountability of the budget from the perspective that is external to the preparation and decision making of the government. It looks at the role of parliament and independent institutions as well as the transparency, openness and accessibility of the budget. The analysis undertaken in this review is based on the OECD Recommendation of the Council on Budgetary Governance.

ПЛАНУВАННЯ ЛОГІСТИЧНОЇ СТРАТЕГІЇ ТРАНСПОРТНИХ ПІДПРИЄМСТВ

The article reveals the need to develop a strategy at the transport company. The role of strategic planning as the most important management function in activating the work of railway transport is determined. The problems of the process of planning the logistics strategy of transport enterprises are analyzed and the dependence of its development on the potential opportunities and activities of the enterprise at both micro and macro levels is revealed. Definitions of strategic planning and its functional strategies, namely on production, marketing, management and logistics are given. The input elements of functional strategies with the use of effective application of organizational and administrative, economic, socio-psychological and legal management methods are considered. The essence and object of planning of logistics strategy in various spheres of activity of the enterprise are revealed. The elements of strategic planning are considered and the logistic chain of interaction of strategies of the transport enterprise is presented, where the priority role is given to the logistics strategy. In railway transport planning mostly solves operational problems, long-term development plans should be based on a strict procedure for their anticipation, regulation and adaptation to the goals of the enterprise, the formation of a planning system consisting of subsystems of strategic and operational planning. The mission as a general goal of the enterprise is developed on the basis of functional strategies, where the connecting and main role is played by the logistics strategy. The components of the general logistics strategy are given, namely logistics strategies of flow process management and logistics strategies of coordination of flow processes, which at the operational level are divided into a number of functional logistics strategies depending on the objects of logistics use. Thus, the work carried out in this direction by enterprises, and especially transport, can compensate for the loss of profits from the core business (transportation) only if they adopt modern approaches and develop their strategy based on them. One such approach is logistics.

Anti-corruption management in a government institution as an element of anti-corruption policy in Ukraine

It is noted that the increase in corruption crimes among employees of public institutions requires changes in approaches to anti-corruption policy in the management of the organization. It has been announced that it is expedient for anti-corruption management to enter state bodies in accordance with the state anti-corruption policy, using corruption risks, increasing public confidence in state bodies, and being implemented in various state bodies taking into account the specifics of each. Given the high urgency of the issue for Ukraine, there is a lack of scientific work to determine the best ways to solve problem situations. The purpose of the article is to analyze anti-corruption management in a public institution as one of the components of anti-corruption policy in Ukraine. Anti-corruption management is described as an element of strategic planning. It ` s role in the formation of a positive image, a strong business reputation of the state institution is considered. The directions of realization of the anti-corruption management system are presented. The interpretation of the concepts of «management» and «anti-corruption management» is presented. The tasks of anti-corruption management are listed and characterized. The importance of implementing the provisions of the anti-corruption management program for the development of corporate culture is described. The destructive phenomenon in anti-corruption management is considered – «frustrating tolerance», which negatively affects the formation of an effective management strategy. The importance of identifying corruption risks when planning anti-corruption measures is noted. The key aspects that need to be taken into account when identifying corruption risks in the organizational and managerial activities of a public institution are considered. The list of documents, the maintenance of which is necessary within the framework of anti-corruption management, is noted. The expediency of observing certain stages of the fight against corruption, taking into account the specifics of the public sector, is outlined. The system of compliance and its content are characterized as one of the most effective approaches to the implementation of anti-corruption management. The principles on which each of the groups of anti-corruption measures should be based are indicated. Emphasis is placed on the expediency of focusing anti-corruption management on the formation of a conscious attitude of each employee of a state institution to good behavior, quality and transparency of work, its governing bodies and the activities of its employees. A meaningful description of the content of the implementation of anti-corruption policy in personnel management through the prism of the formation of a negative attitude to corruption, training and implementation of measures to disseminate information on anti-corruption programs, includes the following system of measures . Options for organizing training and exchange of experience among employees of government agencies on the prevention of corruption in the performance of professional duties are considered. In conclusion, it should be noted that the issue of quality anti-corruption management for Ukrainian government agencies is a priority issue and requires the development of a system of effective measures taking into account the specifics of each sector.

Інструментарій оцінки ризиків безпекового розвитку країн

The article is devoted to the study of security issues of countries development, in particular Ukraine, in terms of considering assessing risks in ensuring the countries economic security. It has been proven that a systematic and comprehensive assessment of the security level is possible by providing evaluation and constant monitoring of risks, that are an integral component of the countries socio-economic development in modern conditions. It was determined that in world practice at macroeconomic level the national systems of the risks and threats assessment are created and they are the important elements of strategic planning and ensuring of national stability and sustainable development. At the international level, international institutions and private agencies are engaged in the country risks assessment, they create and apply different methodological approaches to comprehensive risk assessment, on the basis of which the ratings of the countries by the security development level are formed, for instance, Business Environment Risk Index, Political and Country Risk of CRG, Euromoney Country Risk, EIU, International Country Risk Guide of PRS group etc. It has been studied that in the risk assessment theory, in general the sequence of assessment stages can consist the following stages: determination of internal and external factors that increase or decrease the degree of a certain type of risk; analysis of identified factors; assessment of a certain type of risk; establishing an acceptable level of risk; analysis of individual transactions connected with the chosen level of risk; development of measures to reduce the degree of risk. The authors proposed a methodical instrument for assessing the level of risk of the country's security development, which allows to provide a quantitative and qualitative assessment of the conditions of national economy sustainable development from the point of view of the impact of risks and threats. It is based on the algorithm that provides the following steps: the formation of the system of the quantitative risk indicators; their classification from the point of view of the nature of the impact on increasing or decreasing the dangers; assessment of the dynamics intensity of the indicators with a further correlation with respect to the generalized level of change; calculation of quantitative (from 1 to 4 points) and qualitative (absent, low, moderate, high, very high levels) levels using the proposed scale of deviations; assessment of the quantitative integral indicator of risk (score and relative level) and determination of its level according to the proposed scale (absent, low, moderate, high, very high). In the future, the practical application of the developed toolkit will make it possible to assess the risks of Ukraine's security development and identify the level of integral risk, which will be taken into account to determine and make changes in measures that help to adapt or minimize the impact or risks in order to ensure sustainable socio-economic development