Diegem, 12 June 2019 - LCL has a new Finance Manager: Steve De Craene. He will steer the LCL financial strategy in the right direction. Something that his 17 years of experience, also at European level, will certainly help him with. “I fell for the relatively small company with enormous growth potential. A data center requires a specific financial approach. "
Finance Manager in a data center
The financial management at LCL requires a specific way of working, specific to a data center context. "It's not a classic" buy and sell "environment," says De Craene. “In comparison with a production environment, the emphasis here is more on assets. Large investments are often needed that are more likely to be recovered in the long term. Good relationships with banks and investment funds are therefore extra important. Good financing and profitability on assets are crucial in this sector. "
Ready for exponential growth
De Craene is not a newcomer in the world of financial management. Before joining LCL, he was Finance Director at Hologic for nearly 17 years, active in medical diagnostics. "At Hologic I was able to experience how a company can grow very quickly if the market and management are good," says De Craene. “At LCL I see the same thing: a company that is ready for a major breakthrough. The data center market is growing by 10 percent per year and the unique position of LCL in the market will ensure that we take full advantage of it. Our scale, our independence and our atypical approach guarantee that. ” At LCL, De Craene found the situation he was looking for himself. "An SME that faces a turning point," he says. “I have always felt better in a smaller company. You can write the story yourself and build on the growth yourself. ”
Challenges and preparation
De Craene faces a number of specific challenges at LCL. "I put a healthy pressure on myself," he says. “It's all about getting everything under control and getting the hang of it. Then we will work on our financial strategy and optimize our business. I learned in the past that if you provide solid foundations, your company can handle a period of accelerated growth relatively easily. ” These foundations consist mainly of good preparation for growth. “There must be a clear goal and a clear strategy to achieve that goal. Clear processes that grow with the company and the necessary built-in controls. At LCL we do not stand still in that regard, on the contrary. The entire buying and selling processes are automated, the access control becomes more sophisticated and our CRM is upgraded. Moreover, there is a clear vision and strategy behind everything that happens here. ”
The first months at LCL gave De Craene a positive impression. "The atmosphere is very collegial," he says. “You notice that everyone here has the same goal in mind: to be the reference on the Belgian data center market. People live here, everyone wants to move forward. ”
Steve De Craene studied applied economics and accounting at the University of Antwerp and holds an MBA in General International Management from the Vlerick Business School. If he is not working, he likes to read a book and you can find it in the garden.