Berlin (ots-PRNewswire) - With market and geographic barriers
dissolving at a rapid pace in today's international marketplace,
companies are placing a huge premium on instant response, agility,
and the ability to move resources to adapt to market events in real
time, KPMG Chairman Stephen G. Butler told the opening session of the
organization's international partners conference here today.
Photo: http://www.newscom.com/cgi-bin/prnh/20000901/BUTLER )
Lauding the quality of KPMG's member firms, Butler told delegates
from the professional services organization's global network of 159
member firms, "In almost every country and region, I have seen our
member firms performing at high levels. In fact, in most countries,
we are performing at record levels of growth and profitability.
"However, we must secure a leadership position to meet the
imposing challenges as well as the tremendous opportunities in this
most important period in our history. I urge you to adopt a 'culture
of leadership', " he said.
"Today, corporate leaders measure business cycles, and their
careers, in months, not years, and the pressure to succeed creates an
insatiable thirst for new ideas and better solutions to business
problems" Butler noted. "For KPMG, that means that it's not enough to
have great ideas, as we do -- we have to put them to work almost
immediately. This has nothing to do with size and everything to do
with speed, creating great opportunity for our firm."
Outlining the attributes of a KPMG "culture of leadership," Butler
said it is critical to create a culture that: "Energizes
competitiveness, liberates the creative, risk-taking energy in every
employee. It must be a culture that instills a sense of urgency in
everyone and that supports and rewards the agility necessary to be a
world class global organization."
Defining the vision that will help create the global KPMG culture
-- and underscoring the importance of client responsiveness -- Butler
said that, "Speed and agility will define who we are. We will
anticipate market swings, innovate, make bold moves and take
calculated risks. We will have first-mover advantage and we will
change the competitive landscape, always ahead of the competition,"
Butler added that a culture of leadership also means "globalizing
for strategic advantage -- and managing the future by creating
change, not reacting to it." Describing KPMG's strategic priorities
of 1.) globalization, 2.) global client relationships, and, 3.)
world-class talent as "inseparable," he pointed out that successfully
globalizing KPMG will significantly enhance the chances of success
for the other two priorities. KPMG formed three operating regions
last year: the Americas, Europe/Middle East/Africa, and Asia Pacific
to provide seamless service on a global basis.
"Globalization is our strategic imperative because it has become
an essential marketplace imperative for every business. Our
stewardship obligation will be fulfilled only when we have created a
truly global organization," he said, urging the delegates to continue
moving KPMG from the first phase of globalization, the execution of
agreements creating regional organizations, to the second phase --
achieving common operational management and profit sharing across
The annual gathering of KPMG member firm partners from around the
world will continue through Wednesday. In noting KPMG's achievements
over the past year, Butler said, "It has been one year since I
formally assumed the international chairmanship, and as I reflect on
the first year, I can't help but admire the immense power and promise
of KPMG. We are a large and important presence on the global stage."
KPMG is the global network of professional service firms whose aim
is to turn understanding of information, industries and business
trends into value. With more than 100,000 people worldwide, KPMG
member firms provide assurance, tax and legal, financial advisory and
consulting services from more than 830 cities in 159 countries.
ots Original Text Service: KPMG
In Berlin - George Ledwith or Tim Connolly, at Hotel
Inter-Continental Berlin, +49-30-2602-0; or In US - George Ledwith,
201-505-3543, or Tim Connolly, 201-505-3617, both of KPMG
Photo: http://www.newscom.com/cgi-bin/prnh/20000901/KPMGLOGO Original-Content von: KPMG International LLP, übermittelt durch news aktuell