Case Study
Coaching the CFO and commercial management
1 Min Read
At a leading producer of solar modules
Company
- Rapid growth in 2023 toward €500 million
- A portfolio of products of both own and outside manufacture (heavily dependent on Chinese suppliers)
- Staff at two company venues
Challenge
- Little consensus within the company management
- In the red despite reaching critical scale
- Little transparency in the company
- Little commercial leadership
Goals
- Coach the CFO and commercial management
- Analyze the commercial status quo
- Determine the low-hanging fruit
- Generate suggestions for a state-of-the-art structure
Measures
- Collaborate closely with the commercial management and give them individualized feedback and coaching for their personal development
- Gain an understanding for the situation at the company
- Conduct numerous interviews with the relevant managers
- Analyze the management reporting and financial indicators system
Results
- Significant improvement in the performance of the commercial management
- Confirmation of the need for a restructuring of the C-level commercial management
- Presentation of the status report to the advisory board
- Suggestions for improving the management reporting
You might be interested in these articles:
- Read More
Article
How to Leverage Interim CFO Services for Your Business
- Read More
Case Study
Interim CFO at Construction Supplier
- Read More
Case Study
Capital Investment in a smart meter company
- Read More
Case Study
Scaling Finance Operations for a Multi-Site Healthcare Expansion
- Read More
Case Study
Optimizing Financial Operations for a Multi-Site Healthcare Company
- Read More
Case Study
Finance Expertise to Meet an Urgent Audit Deadline
- Read More
Case Study
CFO and CRO Role at Global​ German Automotive Supplier​
- Read More
Case Study
CFO at Telecommunications Company in Germany​
- Read More
Case Study
Business Continuity and Risk Management in Healthcare
- Read More
Case Study
Finance Advisor for a Construction Portfolio Company
- Read More
Case Study
Interim CFO for Midcap Canadian FinTech Company
- Read More
Case Study
Digital Transformation at a Global Automotive Components Supplier
- Read More
Article
The Interim Talent Solution: Rebalancing Supply and Demand in UK Finance Skills
- Read More
Case Study
Targeted Finance Leadership for a High-Growth Start-Up
- Read More
Article
Facing an ERP Transformation? How to Plan for Success
