Organizations are increasingly asked by stakeholders to improve business performance, minimize costs, reduce risks, and enhance revenue.

KPMG can help clients analyze a range of business areas including their internal processes, sourcing, third party contracts, and intellectual property, and assist in the improvement of company operations.

Capitalizing upon the experience and resources of the KPMG network of member firms means we have access to global resources which can help clients develop the necessary information relating to customer, product and/or business line costs and profitability - helping to manage the risk associated with critical business decisions.

KPMG in the Baltics can work with clients to help:

• Determine and implement strategy to achieve vision and aims
• Establish performance benchmarks and key performance indicators that are clearly aligned with business objectives
• Determine the range of the profitability of products, services and customers, and establish performance and cost measurement systems
• Identify risk reduction and performance improvement opportunities
• Design and implement process redesign and shared service models
• Drive the sourcing strategy, vendor selection, contract negotiation and transition phases of outsourcing initiatives
• Enhance the value of existing third-party contracts, outsourcing deals through contract compliance, service level definition and contract renewal support

Specifically our services include:

Strategy diagnostics, development and implementation
In close cooperation with the company's senior management we develop the understanding of the key strategic issues for success in the foreseeable future, and perform a compatibility review of the operational processes to the chosen strategy.

We assist in developing strategic thinking and in achieving balance between vision, long-term goals and day to day management decisions. Combining strategy development with the Balanced Scorecard (BSC) principles enables senior management to measure managers' and employees' performance in achieving objectives and thus can facilitate implementation of the strategy. KPMG's strategy advisers assist in:

• Analyzing the business environment
• Determining the competitive position
• Facilitating strategy workshops
• Preparing a strategy map
• Determining key success factors and linking key success factors to the motivation system
• Planning activities to support implementation of the strategy and designing discipline within the organization
• Designing the strategic management process

Entry Strategy and Expansion Advisory in the Baltic Region Choosing the right location is increasingly becoming an important part of a company's strategy: the challenge is to choose a location which ideally meets current and future requirements of the company.

KPMG's services are designed to help companies with the decision-making process for international relocations or expansion of their operations in the Baltic states and neighboring countries. Our team enables our clients to save time when entering new geographical regions, new markets, and establishing new business sites by assisting in:

• Comparative socio-economic analyses of business environments in one or more countries in the region
• Assistance in defining location criteria and determining their relative importance
• Analyses of available investment incentives
• Analysis of key market players, suppliers and competition
• Development and assessment of strategic alternatives for market entry or expansion

Independent Business Review
KPMG's Independent Business Review is a tool designed to investigate the causes of company under-performance, advising and supporting in the design and implementation of strategies, including business and financial turnarounds. Professionally prepared business reviews allow company management to better understand the risks they face, to analyze their company's performance, prioritize the business and financial risks and to develop action plans.

Business Performance Improvement
Organizations are frequently being asked by their stakeholders to reduce risks, improve business performance, minimize costs and enhance revenue. Through Business Performance Services, KPMG can help companies improve the efficiency and effectiveness of their processes and systems to mitigate risk, improve performance and grow sustainable value. Using a collaborative approach, we can help organizations to manage risk and enhance the performance of their support functions by identifying and implementing improvement opportunities that best meet their business needs in today's changing environment.

Program Management and Quality Assurance
KPMG's Project Management Services help organizations plan and control their projects, and identify and mitigate the risks of project failure. By cooperating with project and program management offices, we evaluate the deliverables of system integrators, contractors, planners and estimators for quality, completeness and timeliness (QA or IV&V). We also help to facilitate the development of new products, as well as the management of portfolios of projects. KPMG's Project Management Services are suitable for organizations or institutions with large development projects, organizations which are managing product development or revenue generators, and for executives who have responsibility for portfolios of projects.