Boyden places an interim project manager to optimize the foreign currency management of an industry leader in the cleantech sector.
The company, which has been a leader in the technology sector - renewable energies - for decades, plans, builds and operates its plants in Germany and at international locations (Europe, North and South America).
The company distinguishes itself among other factors by:
In order to limit the considerable fluctuations in foreign exchange trading, the current, worldwide exchange rate management system first had to be analyzed in detail in order to derive and define targeted optimization measures for the company.
Special consideration had to be given to the country-specific deviations (Asia, North America, Europe) of the hedging variables in order to finally identify possibilities for hedging exchange rate fluctuations in consultation with the management and to establish measures in this regard.
The interim manager's consulting skills for the management as well as the ability to train the relevant employees for the new measures played a decisive role in the rapid success of this assignment.
An experienced interim manager from the treasury field, familiar with corresponding projects, with the necessary consistency in the execution of the project and with a fine market sense for the necessary decisions, who "turned the right screws in the right place at the right time", was able to significantly change the required transformation in this sensitive area of the company.