Priority Decision Research Articles

MODERN METHODS OF TREATMENT IN DENTISTRY

The choice of treatment method has always been and remains a priority decision of the doctor, however, the development of biomedical ethics, the content of the law "On Health Care" secures the patient's right to participate in the discussion of the results of the examination of his health and possible methods of treating the disease. At the same time, the individual must receive comprehensive information from the doctor on all issues, andmedical workers are obliged to act in accordance with the provisions of ethics and deontology.

Funding priorities and health outcomes in Danish medical research

External research funding is an essential component of the infrastructure of modern, academic research. Priorities in funding decisions drive what knowledge is generated, and how scientists’ careers are shaped. For health research, it can ultimately have implications for health outcomes. The aim of this paper is to illustrate how funding information can be used to track priorities in health research, linking them to disease burdens and research outputs. Furthermore, funding concentrations are analysed from both researcher and disease perspectives, to estimate the influence of personal Matthew-effects on the distribution of health research funding. Denmark is used as the case, including funding information from all major public and private research foundations in the period 2004–2016. Grant information is linked to research outputs and disability-adjusted life-years (DALY rates), for 34,160 publications linked to 2630 grants, receiving DKK 4.8 billion in funding. Data show poor correlation between funding priorities, research activity and disease burdens, with several diseases receiving disproportionate amounts of funding. A research opportunity index is calculated to identify diseases with the highest potential for future investments from a burden-centred point of view. Funding is highly concentrated, both on people and on specific diseases. High funding concentrations on researchers can be a driving factor behind the observed funding-to-burden imbalances, and may risk knowledge stagnation through monopolisation of the market place of ideas. Results indicate that funders of clinical and translational research, as well as some types of biomedical research, need to supplement traditional considerations of scientific excellence with measures of societal challenges and relevance.

Using Discrete-Event Simulation to Model Web-Based Crisis Counseling Service Operation: Evaluation Study.

According to the Organisation for Economic Co-operation and Development, its member states experienced worsening mental health during the COVID-19 pandemic, leading to an increase of 60% to 1000% in digital counseling access. Hong Kong, too, witnessed a surge in demand for crisis intervention services during the pandemic, attracting both nonrepeat and repeat service users during the process. As a result of the continuing demand, platforms offering short-term emotional support are facing an efficiency challenge in managing caller responses. This aim of this paper was to assess the queuing performance of a 24-hour text-based web-based crisis counseling platform using a Python-based discrete-event simulation (DES) model. The model evaluates the staff combinations needed to meet demand and informs service priority decisions. It is able to account for unbalanced and overlapping shifts, unequal simultaneous serving capacities among custom worker types, time-dependent user arrivals, and the influence of user type (nonrepeat users vs repeat users) and suicide risk on service durations. Use and queue statistics by user type and staffing conditions were tabulated from past counseling platform database records. After calculating the data distributions, key parameters were incorporated into the DES model to determine the supply-demand equilibrium and identify potential service bottlenecks. An unobserved-components time-series model was fitted to make 30-day forecasts of the arrival rate, with the results piped back to the DES model to estimate the number of workers needed to staff each work shift, as well as the number of repeat service users encountered during a service operation. The results showed a marked increase (from 3401/9202, 36.96% to 5042/9199, 54.81%) in the overall conversion rate after the strategic deployment of human resources according to the values set in the simulations, with an 85% chance of queuing users receiving counseling service within 10 minutes and releasing an extra 39.57% (3631/9175) capacity to serve nonrepeat users at potential risk. By exploiting scientifically informed data models with DES, nonprofit web-based counseling platforms, even those with limited resources, can optimize service capacity strategically to manage service bottlenecks and increase service uptake.

Trade-offs in fishing strategy decisions and conservation implications for small-scale fisheries

Summary People are psychologically predisposed to minimize their losses, even in the face of substantial gains. This predisposition, referred to as ‘loss aversion’, is especially present when people face uncertain outcomes. In small-scale fisheries, where fishers’ decisions are influenced by monetary and non-monetary assets, exploring how loss aversion intersects with conservation efforts may offer insights into how fishers balance short-term and long-term priorities. This study assessed the variables that contribute to loss aversion of small-scale fishers when making trade-offs between two valued assets: information-sharing and catch success. We used a structured questionnaire and a hypothetical simple lottery choice task of 78 fishers across 20 fishing beaches in Jamaica. We found that fishers were marginally more loss averse when both information-sharing opportunities and catch success were threatened than when only catch success was threatened. Communication frequency and size of fishing crew contributed significantly to fishers’ loss aversion in most choice sets, regardless of whether materially or non-materially valued assets were threatened. By exploring the drivers underpinning fishers’ choices, we provide insights into how the consideration of these variables can support the development of fisheries conservation measures that better align with the decision priorities of fishers.

Design, Simulation, Building, and Testing of a Microcontroller-Based Automatic Drowsiness Detection, Vehicle Braking, and Alert System

Aims: The premier practical aspect of this research drive is to propose, build, simulate, and evaluate an Arduino-built automatic vehicle driver drowsiness detection and alert system.
 Study Design: The pivotal role of a reliable braking system in vehicular safety cannot be overstated, particularly considering the escalating frequency of traffic accidents, notably prevalent in Indonesia where human factors take center stage as the primary accident catalyst. An insightful poll underscores physical fatigue or drowsiness while driving as the foremost concern. Acknowledging the nuanced disparities between conventional air systems and electric systems, this research strategically directs its attention toward crafting a new system characteristic that mirrors the efficiency of the existing systems.
 Place and Period of Study: The research action engaged by the authors in a bunch of two students under the command of a professor as a part of one of his course capstone projects for the Bachelor of Science in Electrical and Electronic Engineering degree at the American International University Bangladesh (AIUB), Dhaka, Bangladesh. The authors performed their investigative tasks at AIUB from June 2023 to January 2024.
 Methodology: Recognizing the imperative to fortify vehicular safety, the integration of artificial intelligence emerges as a vital solution to assist drivers in ensuring the safety of individuals both within and outside the vehicle. This focused study, tailored specifically for Electric Vehicles (EVs), centers on the innovative application of object and distance identification methodologies to provide a comprehensive braking action indicator. Leveraging a minicomputer and a sophisticated neural network approach, images captured by a stereo camera undergo meticulous machine learning processes. This facilitates the precise categorization and measurement of distances between objects, with subsequent priority decisions determining the optimal degree of braking action. Employing an intelligent methodology, specifically fuzzy logic, the study demonstrates a successful outcome by constructing a curve while concurrently enhancing the dynamics of the pre-existing system. Moreover, a finely tuned Pulse Width Modulation (PWM) signal for braking, lasting 10 milliseconds, is intricately devised based on the study's discerning results.
 Results: The system is simulated in Proteus and tested in real time to check its functionality. The outcomes of the test showed that the system can produce the appropriate signals based on the detection of any kind of driver’s drowsiness and can stop the car.
 Conclusion: This comprehensive approach ensures the seamless replacement of components while concurrently elevating the overall performance of the braking system

The development of priority decision model for old urban community renovation in China

Old urban community renovation is an important task of urban renewal in China. In order to ensure the quality and efficiency of renovation work, the government requires a method to assess the priority for old urban community renovation. This paper proposes an evaluation model from a more comprehensive perspective. It establishes the evaluation index system with CIPP model. The method of Cloud-VIKOR is selected to construct the evaluation model. Finally, selects nine case communities to verify the evaluation model. The results show that the evaluation index system covers the whole process of renovation project and the evaluation indexes proposed in the existing research. The priority decision result of 9 case communities is basically consistent with the actual renovation sequence and does not change greatly due to the fluctuation of decision-making mechanism coefficient or the evaluation index weight. This evaluation model can help decision-makers diagnose and optimize the renovation project.

Building Maintenance Priority Decision Support System Using the Method Profile Matching

Along with the increasing age of a building, maintenance activities become things that need to be done to minimize damage that occurs such as damage to the ceiling or ceramics. Therefore, this study aims to determine the priority of building elements in the treatment of architectural components in buildings A and B ITK campus using Profile Matching method. Based on the results of analysis and observations in the field, the elements that are the main priority in the architectural component of Building A are ceiling elements, the second priority element is sanitary elements, the third priority element is floor elements and door and window elements, the fourth priority element is painting elements, and the last priority element is Wall pair elements. Whereas in the architectural component of Building B, the main priority elements are ceiling elements and sanitary elements, the second priority element is the wall pair element, the third priority element is the floor element and the door and window element, and the last priority element is the painting element.

Возможности и перспективы технологии функциональной ближней инфракрасной спектроскопии у пациентов, нуждающихся в высокотехнологичном слухопротезировании

One of the most notable features of auditory prosthetics at the present stage of development is the close interdisciplinary interaction of related medical, scientific, and social specialties. The solution of practical problems in audiology has long gone beyond the range of selecting a method of acoustic or electrical amplification. The priorities in decision making have increasingly shifted from purely engineering efficiency toward improving the quality of life in general. A personalized approach to choosing optimal solutions for each specific case inevitably led specialists to study the cognitive potential and neurophysiological characteristics of the patient. That is why various methods of functional neuroimaging are increasingly being introduced into the scientific and practical activities of an audiologist. Functional near infrared spectroscopy (fNIRS) is considered one of the youngest and most promising technologies. It allows us to research the metabolic activity of the cerebral cortex, which is an important source of feedback when working with sensory functions of the body. The potential of its use can vary from evaluating the effectiveness of measures already taken to solving complex controversial issues of selecting patients for high-tech treatment methods, which do not always remain regulated in methodological documents: the choice of prosthetics, the expediency of performing cochlear implantation in patients with ambiguous indications and contraindications, assessment of rehabilitation potential in neurological comorbidity, etc. In this article, we have tried to systematize and reflect the relevant aspects of the use of fNIRS for audiology patients with a description of the essence of the method, its comparison with alternative methods of functional imaging such as functional magnetic resonance imaging, electroencephalography, magnetoencephalography, positron emission tomography.

РАЗРАБОТКА СЦЕНАРИЕВ ДЛЯ ИМИТАЦИОННОГО МОДЕЛИРОВАНИЯ ЭКОСИСТЕМНЫХ УСЛУГ ЛЕСОВ

Sustainable forest management implies the necessity to maintain and uphold the balance between the growing demand for forest ecosystem services and the capabilities present. This issue motivates the development of ways to include various ecosystem services in the forest ecosystem planning and management system, taking into account social, political, environmental, and economic contexts. One of the effective tools for ecosystem service management is imitation modelling, which allows assessing the decision-making risks and consequences. This raises the scientific problem of substantiating possible alternative scenarios for future forested area development for subsequent simulation. This article is aimed at analysing the approaches to creating scenarios for the development of a forest area for local-level imitation modelling and testing a new method based on the development of the existing approaches to solving this problem. In its first part, modern research analysis in the field of imitation scenario development is presented; the second one proposes a new method for compiling scenarios, created within the framework of the POLYFORES project, and also presents the results of its testing at three model sites located in the Nizhny Novgorod Region, the Republic of Karelia, and the Moscow Region. For the forest plots of the Nizhny Novgorod Region, four scenarios for forest area development have been created, aimed at obtaining benefits: 1 – from timber harvesting, 2 – from recreational ecosystem services and food forest resources, 3 – from regulating ecosystem services, 4 – both from timber harvesting, under the conditions of intensified forest growing, and from regulating ecosystem services. For forest plots in the Republic of Karelia, the first scenario describes the situation of meeting the demand for wood, while also preserving the biodiversity and regulating ecosystem services; the second and third scenarios take into account the increased demand for wood, with low and high priorities for environmental conservation. For the forest plots of the Moscow Region, only two scenarios were relevant, with the increasing need of citizens for recreational ecosystem services, and the biodiversity preservation priority in management decision-making either remaining low or increasing. For each scenario, forestry activities corresponding to the management objectives have been developed. The proposed scenarios can be used to obtain information about the impact of various management decisions on providing forest ecosystem services.

Is the Use of DALYs and QALYs Ethically Permissible in Triage Decisions? COVID-19 and Equity Considerations from a Queer-Crip Perspective

This paper explores the symbolic and material implications of the use of DALYs and QALYs as priority or tie-breaker criteria in triage decisions. It aims to answer the question of their ethical permissibility based on the particular case of the COVID-19 pandemic. For this purpose, theories framed in a queer-crip perspective and ethical frameworks of equity will be used. From a queer-crip perspective, the use of DALYs and QALYs in triage decisions discriminates against and excludes people with disabilities, as it allocates scarce resources based on ableist value judgments about people's quality of life, rather than on evidence. From the point of view of equity, it may imply and reinforce structural injustices involving inequities, that is, avoidable or remediable inequalities. This analysis will argue that the use of DALYs and QALYs categories in triage decisions allocates potentially life-saving resources based on ableist value judgments that lead to an unfair distribution of risks, burdens, and costs. Finally, two objections related to the relevance or necessity of using these or similar categories as criteria will be addressed: the independent cases of structural inequities and the inevitability of setting priorities in the face of a crisis.

How digital health translational research is prioritised: a qualitative stakeholder-driven approach to decision support evaluation

ObjectivesDigital health is now routinely being applied in clinical care, and with a variety of clinician-facing systems available, healthcare organisations are increasingly required to make decisions about technology implementation and...

An Optimization Design of Hybrid Parking Lots in an Automated Environment

This paper explores the minimum lateral parking distance and parking acceleration/deceleration distance of vehicles to improve the efficiency of automated valet parking (AVP) lots and save urban land. Specifically, the paper focuses on designing parking lots for automated guided vehicles (AGVs) and their parking attributes. To ensure AGV accessibility and maximize AVP capacity, graph theories and unique path-driving methods are used in designing mobile priority parking lots and decision spaces. Additionally, the paper proposes an optimization design for parking lots with obstacles, considering the layout of load-bearing columns and charging resources for electric vehicles in underground parking lots. The article further proposes an optimization design for hybrid parking lots based on spatio-temporal resource conversion in traffic design and the principle of traffic separation in traffic control since hybrid parking lots that accommodate both conventional vehicles and AGVs are crucial to the future development of urban parking lots. The experimental results show that the proposed optimization design for urban parking lots in automated environments is superior to the traditional parking lots design in terms of capacity and density. This paper provides an optimal layout scheme of urban parking lots in multiple scenarios, which can improve the service level of urban static traffic systems.

Prioritizing Career Preparation: Learning Achievements and Extracurricular Activities of Undergraduate Students for Future Success.

Preparing for a job can be difficult for undergraduates as this would be one of their first experiences of responsibility; obtaining a job will make them economically independent beings taking responsibility for their lives. Since the COVID-19 pandemic, this task has become even more challenging for Generation Z students, born in the mid-1990s, as they navigate a turbulent job market. This study aims to analyze undergraduates' priority decisions regarding the criteria and activities of their career preparation. The study conducted a questionnaire analysis using the methodology of analytic hierarchy process (AHP) with 93 university students in the Republic of Korea. This research finds that students rank personal feelings of achievement as the most important criterion in their career preparation. They perceive extracurricular activities and internships as the most beneficial experiences for job readiness. On the contrary, networking activities within the university and with alumni received the least importance. These results highlight a need for universities to innovate their educational approach. Addressing the gap between current curricula and student needs and enhancing self-efficacy among students are critical. Innovative educational strategies could be a key to meeting societal expectations, such as the integration of business and technology, and catering to the unique learning needs of Generation Z. This becomes particularly relevant considering the rise of new career paths, such as youth startups, leveraging advanced technologies.

Global Problem, National Solution: An Evaluation of Global Public Goods during COVID-19

Globalist solution proposals for global public goods, which have both non-rivalry and non-excludability properties as well as cross-border externalities, emphasize collective action in the provision of these goods. However, the practice of the COVID-19 pandemic shows that the solution to such a global problem is not so global. This situation necessitates a re-evaluation of the concept of global public goods. The COVID-19 pandemic is a public bad, and efforts to combat the pandemic are an example of a public good. The global consequences of the said global public good also affected other global public goods, and these effects required the determination of priorities in the protection decisions. The policies of governments, caught between economic recession, political crises and health crises, have lagged far behind the globalist solution proposals of the global public goods theory. For this reason, the aim of the study is to determine that although the problem in the COVID-19 pandemic is global, its solution can remain at the national level and to re-evaluate the concept of global public goods within this framework. In the study, after conceptual explanations, first the externality relations between global public goods, and then the search for non-global solutions to the global COVID-19 problem (mask wars between countries, tension in international relations, disinformation processes in order not to take responsibility, the increase in distrust in international organizations, and global inequality created by patenting and pricing of vaccines) are explained.

In this June issue

In line with several other journals we co-publish the Australian Commission on Safety and Quality in Health Care Low Back Pain Clinical Care Standard. It describes the early clinical management of people who present with a new acute episode of low back pain. The background to how the standard was developed and finalised are described in an introductory editorial. Coronial findings and royal commissions have repeatedly identified deficiencies in the emergency health care provided to prisoners in Australia. These deficiencies are operational, clinical and stigmatic and not limited to a single prison or jurisdiction. Applying a health quality of care framework focused on prevention and chronic health management appropriate assessment and escalation when urgent medical assistance is requested, and a structured audit framework could avoid future preventable deaths in prisons. We publish an editorial on this topic to accompany the paper written by a team from Victoria and Queensland. A group from the neurosurgery department of the Royal Brisbane and Women's Hospital report that the availability of cranial access equipment outside Queensland tertiary centres is limited. Inter-hospital transfers are likely to persist in Queensland and so improving access to cranial access equipment in hospitals where it is currently lacking is highly warranted. They surveyed senior theatre nurse or surgical service directors from rural and regional Queensland hospitals located outside the local catchment of a tertiary centre and had a CT scanner. Questions regarded availability, location and storage conditions of mechanical cranial access kits, as well as last usage, and associated patient outcomes. Life-threatening thoracic trauma requires emergency pleural decompression, and thoracostomy and chest drain insertion are core trauma procedures. Reliably determining a safe site for pleural decompression in children is challenging, even for experienced clinicians. A team from Melbourne report that the Mid-Arm-Point (MAP) technique, a procedural aid for use with injured adults, is also a safe site for pleural decompression in children <4 years and with a very minor modification is safe in children ≥4 years. An excellent study from Queensland describes the demographics, presentation characteristics, clinical features and cardiac outcomes for Aboriginal and Torres Strait Islander patients who present to a regional cardiac referral centre ED with suspected acute coronary syndrome (ACS). The authors conclude this cohort with suspected ACS have a high burden of traditional cardiac risk factors, regardless of whether they are eventually diagnosed with ACS. These patients may benefit from assessment for coronary artery disease regardless of age at presentation. In a nice paper, James Mallows explores the concept of collegiality, something considered to be any extra-role behaviour that is discretionary, not recognised by a formal reward system and that promotes the effective functioning of the organisation. There are few studies examining collegiality in the medical profession and none looking at collegiality among emergency physicians (EPs). He explores the perceptions of different ED health care professionals on the meaning of collegiality among EPs, the benefits of collegiality and behaviours they identify as indicative of collegiality. He identifies distinct themes and behaviours indicative of collegiality among EPs. Promoting these behaviours could improve staff well-being, ED efficiency, patient safety and productivity. Continuing with the previous theme, team culture underpins team performance. Psychological safety is a critical component of team culture for high performing teams. A group from the Gold Coast Hospital decided to explore this further. They conclude that familiarity of team members and leaders is critical to the development of psychological safety within the ED. Fostering familiarity should be a focus for frontline leadership each shift and a priority in broader departmental decisions for those seeking to enhance the psychological safety of their teams. The focus in this issue is on the anaesthetic component of the Fellowship training programme.

An Empirical Research on Customers’ Awareness of E-Commerce in the Context of Vietnamese Developing Economies

Many research studies have been conducted in the field of e-commerce, which can contribute for academic background and development of e-commerce around the world. In Vietnam, the awareness of customers toward e-commerce is limited for the emerging of this industry in Vietnam recently. This study tries to figure out research model explains the factors and to study the awareness of customers that influence the behaviors and acceptance of users buying online in the developing economy. According to the research, buying online is quite risky. Therefore, product safety would be the purchasing decision's priority. Online sales providers need to provide a safe way of ensuring consumers ' purchasing process. Through hard qualification process, they need to shortlist the good quality product. The sale would grow dramatically as consumers gained confidence. Not only should they care about the short-term profit in order to get the products of low quality.

ПРАВОВІ ЗАСАДИ ДЕРЖАВНОЇ ПОЛІТИКИ УКРАЇНИ У СФЕРІ МІЖНАРОДНОГО СПІВРОБІТНИЦТВА Й КОНСУЛЬСЬКИХ ВІДНОСИН

The article reveals the essence of the state policy of Ukraine in the field of international cooperation and diplomacy as a set of fundamental values, value orientations, exhaustively formulated, planned and legally enshrined in strategic documents interconnected priority actions, measures and decisions of authorized state authorities within the limits set for them by legislation institutional and functional hierarchical levels, as well as administrative, legal, financial, socio-economic and other mechanisms for their implementation, aimed at ensuring the protection of national interests, the implementation of Ukraine's foreign policy course on sustainable development and the strengthening of the main mutually beneficial relations by diplomatic methods, forms and means with foreign countries and international organizations. An analysis of a number of regulatory and legal acts in the outlined area was carried out, on the basis of which three interrelated levels of state policy were built, which are reflected in a number of domestic strategic and planning regulatory and legal documents, including: 1) the level of European and Euro-Atlantic integration; 2) the level of cross-border cooperation; 3) foreign policy departmental level. It is substantiated that today the European integration processes are the factors that lead to the transformation and formation of a modernized Ukraine, which calls for a rethinking of the functions of the state, politics and power, the functional unity of which is gradually being unified, the importance of the principles of purposefulness, non-standardization, hybridity and diversity in the political life of a modernized country is expanding. society. The development of socio-economic processes and the formation of a democratic society in Ukraine cause increased attention to the genesis of state policy and its socio-political environment.

Comparative life cycle environmental and cost assessments of renewable natural gas production pathways

Renewable natural gas (RNG) is one of the most prominent fuels that help reduce upstream emissions from conventional natural gas networks without significant infrastructure changes. While the current resources for RNG are insufficient, there is a substantial interest in establishing the viability of integrating RNG into the gaseous-fuel industry portfolio. However, holistic studies that support the assessment and selection of the fuel production paths are limited. Therefore, the current study attempts to close that gap by introducing a systematic approach to assess the project viability of RNG investments. Twelve waste-to-RNG configurations were evaluated based on three types of waste feedstock and four biogas upgrade technologies in three selected population centres. Life cycle environmental and life cycle cost assessment tools were employed to determine the ecological footprint and economic performance of RNG production routes. Multi-criteria decision-making was applied using the TOPSIS method under varying stakeholder perspectives to derive suitability indices for RNG investments. Finally, recommendations were provided based on the results obtained for successfully implementing waste-to-RNG supply chain paths. According to study findings, not all RNG production methods guarantee positive returns. The least environmental impacts were assured by the anaerobic digestion of animal manure. However, the lowest returns were obtained via the same route. From a pro-economic and neutral decision perspective, landfill gas-based RNG production achieved higher suitability scores. The proposed framework is flexible and can be customized to suit varying decision priorities. The findings are geared towards supporting utility providers, community developers, and potential investors to foresee the success of planned RNG projects to ensure sustainable gaseous fuel networks.

Co-creating a suite of patient decision aids for parents of an infant or young child with differences of sex development: A methods roadmap.

Parents and guardians of infants and young children with differences of sex development (DSD) often face numerous health and social decisions about their child's condition. While proxy health decisions can be stressful in any circumstance, they are further exacerbated in this clinical context by significant variations in clinical presentation, parental lack of knowledge about DSD, irreversibility of some options (e.g., gonadectomy), a paucity of research available about long-term outcomes, and anticipated decisional regret. This study aimed to engage clinicians, parents, and an adult living with DSD to collaboratively develop a suite of patient decision aids (PDAs) to respond to the decisional needs of parents and guardians of infants and young children diagnosed with DSD. We used a systematic co-development process guided by the Ottawa Decision Support Framework and the International Patient Decision Aids Standards (IPDAS). The five steps were: literature selection, establish the team, decisional needs assessment, create the PDAs, and alpha testing. We developed four PDAs to support parents/guardians of infants or young children diagnosed with DSD about four priority decisions identified through our decisional needs assessment: genetic testing, gender of rearing, genital surgery and gonadal surgery. All four PDAs include information for parents about DSD, the options, reasons to choose or avoid each option, and opportunities for parents/guardians to rate the importance of features of each option to clarify their values for these features. Qualitative feedback was positive from clinicians, parents and an adult living with DSD. These PDAs are clinical tools designed to support parents/guardians and to promote making an informed and shared DSD-related decision. While these tools are specific to DSD, they contain themes and elements translatable to other pediatric populations.

Company strategic development in the context оf ensuring its financial security

Ensuring the development of companіes as one of the conditions for the country's economic sustainability is of particular relevance in today's environment. The development of a company largely depends on ensuring the optimal level of financial security, which is an important condition for its effective functioning. Therefore, this paper proposes to consider ensuring financial security as the most relevant and priority decision when choosing a company development strategy, which will be beneficial in most circumstances of a changing market environment. Thus, the purpose of the paper is to study the theoretical and practical foundations of ensuring financial security of a company as a strategic approach and, consequently, a guarantee of development of such a company in the long run. The paper outlines the interrelation of the concept of strategic development with the economic category of "financial security", which results in determining that financial security is the basis for ensuring the prospects for the development of business activities. The categorical and conceptual apparatus of company financial security is detailed. Thanks to the study of the essence of strategic development and financial security, an understanding of these economic categories has been formed, which has allowed to formulate a concept of company strategic development aimed at preserving and strengthening its financial security as a condition for its uninterrupted functioning. The paper describes the essence of the components of the formed concept, including, in particular, the choice of strategy, analysis of the environment, definition of tasks and methods of their implementation, implementation of the strategy, evaluation of the results obtained and, if necessary, adjustment of strategic aspects. It is determined that the course of strategic planning and, accordingly, a qualified approach to its implementation are extremely important. These key aspects can provide a foundation for the smooth functioning of companіes and promote their sustainable development, which will ensure competitiveness, investment attractiveness and economic growth of the country.