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Why	
  Intercultural	
  Competences	
  &	
  
diverse	
  perspec7ves	
  are	
  cri7cal	
  for	
  
success?	
  	
  
Jon	
  Wintermeyer,	
  Business	
  Development	
  Manager	
  
The	
  Number	
  One	
  Digital	
  Payments	
  Pla;orm	
  
70+	
  Employees	
  in	
  5	
  Global	
  Offices	
  
Over	
  20	
  Languages	
  Spoken	
  
Employees	
  from	
  15+	
  different	
  countries	
  
100+	
  Payment	
  OpLons	
  
Established	
  in	
  2010	
  
Merchants	
  in	
  over	
  150	
  countries	
  
Paymentwall	
  
In	
  the	
  Beginning…	
  
Start in markets
You know best
Think Big
Hire the right people
Successful	
  in	
  one	
  market	
  
already?	
  Time	
  to	
  expand…	
  
AAacking	
  New	
  Markets	
  
Cross Cultural
Employees
Scaling operations
Identify Opportunities
You	
  are	
  taking	
  your	
  company	
  global.	
  
What	
  now?	
  How	
  do	
  I	
  best	
  use	
  all	
  my	
  
employees?	
  
Leverage	
  Diversity	
  for	
  Growth	
  
Building your Team
Surprising Results
Provide Unique
Perspectives
Local	
  Employees	
  
Understanding
Local needs
Attract Diverse
Talent
Grow Human Capital
Local Support
Some	
  examples	
  of	
  what	
  to	
  do…
and	
  what	
  not	
  to	
  do…	
  
Google	
  –	
  Global	
  Powerhouse	
  
Number One
Offices in
40+ countries
Free Services
Internal Groups to
promote diversity
We	
  can’t	
  all	
  be	
  a	
  Google…but	
  we	
  
can	
  learn	
  from	
  them.	
  
Xing	
  –	
  The	
  German	
  LinkedIn	
  
Top 50 in
Germany vs. Top
600 worldwide
19% Growth in
DACH vs.
158%
Growth of
LinkedIn
Xing hires
French Director
Too little, too late?
Be	
  open	
  to	
  the	
  world….	
  
Facebook	
  –	
  The	
  Global	
  Social	
  Network	
  
Started in 2004
focused at
U.S. Universities
Opened platform
Growth in Turkey
Mark Zuckerberg
on Russian TV
If	
  you	
  are	
  late	
  to	
  the	
  party,	
  be	
  
prepared	
  to	
  face	
  tough	
  challenges	
  
VK.com	
  
Similar Start to
Facebook
More local support
Name is important —
Later rebranded
Lessons	
  Learned	
  
Good Product
Big Picture
Use local talent
Human Resources
Paymentwall	
  overcomes	
  
expansion	
  concerns	
  to	
  go	
  global.	
  
Started	
  in	
  SF	
  and	
  Kiev	
  in	
  2010	
  
Entrepreneurship	
  in	
  SF	
  and	
  smarts	
  in	
  Kiev.	
  
Expanded	
  to	
  Istanbul	
  and	
  Berlin	
  
Local	
  customer	
  support	
  and	
  development	
  of	
  products	
  
Manila	
  and	
  SEA	
  Expansion	
  
Cover	
  all	
  Lme	
  zones	
  
Paymentwall’s	
  Growth	
  
1	
  
2	
   1	
  
3	
  
4	
  
Recognize Cultures
Communication
Distance
Managing	
  Global	
  Teams	
  
•  Easy	
  to	
  Open	
  an	
  Office	
  
•  Diverse	
  Talents	
  (language	
  and	
  open	
  to	
  travel)	
  
•  Huge	
  Market—Need	
  high	
  number	
  of	
  employees	
  
•  Local	
  language	
  support	
  
•  Flexible	
  Skills/AdapLve	
  to	
  Markets	
  
•  Works	
  well	
  with	
  other	
  American	
  Companies	
  
•  Expanding	
  2013/2014	
  
•  Logical	
  
•  Prefer	
  Hard	
  and	
  Difficult	
  Tasks	
  
•  Works	
  well	
  as	
  a	
  team	
  
Trends	
  We	
  See	
  in	
  “Our”	
  Markets	
  
Europe	
  
SEA	
  
North	
  
America	
  
South	
  
America	
  
Russia/CIS	
  
Design new products
Trust
Everyone Learns
Paymentwall	
  uses	
  Diversity	
  
Summary	
  
Discover Strengths
Be prepared
Adapt
Take over the world
Jon	
  Wintermeyer	
  
Business	
  Development	
  Manager	
  
Jon@paymentwall.com	
  

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Paymentwall - Why intercultural competences & diverse perspectives are critical for success?

  • 1. Why  Intercultural  Competences  &   diverse  perspec7ves  are  cri7cal  for   success?     Jon  Wintermeyer,  Business  Development  Manager  
  • 2. The  Number  One  Digital  Payments  Pla;orm   70+  Employees  in  5  Global  Offices   Over  20  Languages  Spoken   Employees  from  15+  different  countries   100+  Payment  OpLons   Established  in  2010   Merchants  in  over  150  countries   Paymentwall  
  • 3. In  the  Beginning…   Start in markets You know best Think Big Hire the right people
  • 4. Successful  in  one  market   already?  Time  to  expand…  
  • 5. AAacking  New  Markets   Cross Cultural Employees Scaling operations Identify Opportunities
  • 6. You  are  taking  your  company  global.   What  now?  How  do  I  best  use  all  my   employees?  
  • 7. Leverage  Diversity  for  Growth   Building your Team Surprising Results Provide Unique Perspectives
  • 8. Local  Employees   Understanding Local needs Attract Diverse Talent Grow Human Capital Local Support
  • 9. Some  examples  of  what  to  do… and  what  not  to  do…  
  • 10. Google  –  Global  Powerhouse   Number One Offices in 40+ countries Free Services Internal Groups to promote diversity
  • 11. We  can’t  all  be  a  Google…but  we   can  learn  from  them.  
  • 12. Xing  –  The  German  LinkedIn   Top 50 in Germany vs. Top 600 worldwide 19% Growth in DACH vs. 158% Growth of LinkedIn Xing hires French Director Too little, too late?
  • 13. Be  open  to  the  world….  
  • 14. Facebook  –  The  Global  Social  Network   Started in 2004 focused at U.S. Universities Opened platform Growth in Turkey Mark Zuckerberg on Russian TV
  • 15. If  you  are  late  to  the  party,  be   prepared  to  face  tough  challenges  
  • 16. VK.com   Similar Start to Facebook More local support Name is important — Later rebranded
  • 17. Lessons  Learned   Good Product Big Picture Use local talent Human Resources
  • 18. Paymentwall  overcomes   expansion  concerns  to  go  global.  
  • 19. Started  in  SF  and  Kiev  in  2010   Entrepreneurship  in  SF  and  smarts  in  Kiev.   Expanded  to  Istanbul  and  Berlin   Local  customer  support  and  development  of  products   Manila  and  SEA  Expansion   Cover  all  Lme  zones   Paymentwall’s  Growth   1   2   1   3   4  
  • 21. •  Easy  to  Open  an  Office   •  Diverse  Talents  (language  and  open  to  travel)   •  Huge  Market—Need  high  number  of  employees   •  Local  language  support   •  Flexible  Skills/AdapLve  to  Markets   •  Works  well  with  other  American  Companies   •  Expanding  2013/2014   •  Logical   •  Prefer  Hard  and  Difficult  Tasks   •  Works  well  as  a  team   Trends  We  See  in  “Our”  Markets   Europe   SEA   North   America   South   America   Russia/CIS  
  • 22. Design new products Trust Everyone Learns Paymentwall  uses  Diversity  
  • 23. Summary   Discover Strengths Be prepared Adapt Take over the world
  • 24. Jon  Wintermeyer   Business  Development  Manager   Jon@paymentwall.com