Here are some articles I looked at:
https://www.brighthubengineering.co...s/123625-understanding-shunt-wound-dc-motors/
https://www.micromotcontrols.com/htmls/Motor characteristics.html
A shunt-wound motor is designed to maintain the same speed under all loads. One article suggests you can vary it 10-20% via the field coil. Another says there is risk of drawing overmuch current if you reduce voltage to the armature winding, with risk of overheating. I could have gotten it wrong.
Your motor is constructed to operate on enormous power, therefore its operation will be difficult to modify. Any components you install will need to be extremely robust.
What about the idea to PWM the supply? It's discussed frequently in threads here. However your controller would need to switch hundreds of amperes rapidly, and it will be exposed to severe inductive spikes.
Can you consult an expert about this motor. Conceivably he may know of a way to:
* add turns to the field winding
* add a winding at opposing polarity
* add a series winding (creating a compound motor)
* change the commutation somehow
* add high-current scr's which will allow you to PWM either field current or armature current.
These suggestions are off the top of my head. I do not know enough about motors to say what may or may not be feasible in your case.
Your boss has put you in a delicate position. Did you have a predecessor who was given the same task? Was he unsuccessful?