Put the long term success of all stakeholders as the focus (don’t risk people’s jobs for short term bonuses, don’t use large amounts of leverage risking the future of the company…) – respect all stakeholders and provide them confidence their long term success is important. Companies that find themselves laying off workers due to managements failure to succeed over the long term are not being respectful to those workers.

Tell people what they can do to improve. Create an environment where people are not afraid of learning then can improve and how to do so. Don’t expect a few people to do far more than their fair share of work because management allows poor performance to continue un-addressed. Assist people when they need help. Provide encouragement when people try new things. Support risk taking. Provide the right tools to do the job (don’t expect people to work with outdated machines, poor software applications…).