
In today’s fast-paced business world, the success of any organization hinges on its ability to cultivate and manage high-performance teams. At the recent Merchant Payments Ecosystem event in Berlin, Simon Stokes, Head of FinTech M&A at PaymentGenes, shared valuable insights on the fundamental strategies that help leaders empower their teams, foster collaboration, and navigate change effectively.
Before diving into specific leadership strategies, it’s crucial to establish a clear roadmap. High-performance teams don’t just happen, they require intentional leadership, structured planning, and a supportive environment. The discussion focused on four key areas:

High-performing teams share several common characteristics that contribute to their success:
"Leaders who foster psychological safety and continuous communication create environments where innovation thrives and individuals feel empowered to contribute their best work." – Simon Stokes
Understanding what makes teams fail is just as important as knowing what makes them succeed. Some common pitfalls include:
With the rise of remote work, leading distributed teams presents unique challenges. Simon highlighted key strategies for optimizing remote team performance:
High-performance teams are not built overnight. They require a commitment to clear communication, structured leadership, individual and team development, and a culture of accountability. It is also helpful to create an environment that intentionally promotes recognition. By implementing these strategies, leaders can drive sustainable success within their organizations.
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When it comes to building high-performing fintech teams, one question keeps coming up: Should we hire globally or locally? It’s a conversation we’ve had with dozens of clients over the past year - and there’s no one-size-fits-all answer. In a sector where talent is scarce, skills are specialised, and collaboration is key, where someone works is just as important as what they do. Here’s how we help our clients think through the remote work dilemma - and what we believe fintech leaders should consider when making these strategic hiring decisions.