Assessment of development institutions activities in order to ensure the economic security of the Russian Federation

Aim . The work aimed to develop proposals for updating the standard for assessing the efficiency of development institutions in order to ensure the economic security of the state. Objectives . The work analyzes the main scientific methods used in assessing the effectiveness of development institutions and the compliance of current standards for assessing development institutions with the requirements imposed nowadays on the system of strategic planning of development institutions; as well as develops proposals for updating the methods for assessing the efficiency of development institutions used in making decisions in terms of optimizing and increasing their effectiveness. Methods . This study employed general methods for analysis of the main methods used in assessing the efficiency of development institutions; the need to update the methodology for assessing the efficiency of development institutions used in decision-making in terms of optimizing and increasing their effectiveness through a more comprehensive and extensive audit of the activities of development institutions was substantiated. Results . The analysis of the current by-laws establishing the procedure for settling strategic planning documents and the assessment of the effectiveness of federal development institutions indicate the need to update the rules establishing the requirements for the procedure for assessing the effectiveness of development institutions in order to ensure the completeness of information for government decision-making in terms of optimizing the activities of development institutions. The author has developed proposals for updating the issues of assessing the effectiveness of federal development institutions and state-owned companies (corporations) in order to ensure the economic security of the Russian Federation (RF), taking into account the adoption of new Methodological Recommendations for the development of strategic planning documents of federal development institutions. Conclusions . The study indicates the need to apply an integrated approach when developing the methods for assessing the effectiveness of development institutions, since the implemented strategic planning model involves the inclusion of activities that combine all stages of business processes in development institutions.