From Jim Collins’s book Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company:
1. People execute well if they’re clear on what they need to do. How can people possibly do well if they don’t have a clear idea of what “doing well” means — if they don’t have clear goals, benchmarks, and expectations?
2. People execute well if they have the right skills for the job.The right skills come from talents, temperament, and proper training.
3. People execute well if they’re given freedom and support.No one does a good job with people looking over his shoulder; when people are treated like children, they’ll lower themselves to those expectations. Also, people need the tools and support to do their job well. To use an extreme illustration, imagine how difficult it would be for Federal Express employees to make on-time delivery without reliable trucks.
4. People execute well if they’re appreciated for their efforts.All people want their efforts to be appreciated. We’ve consciously chosen the term appreciated rather than rewarded because it more accurately captures that excellent performers value respect and appreciation as much as, and often even more than, money.
5. People execute well if they see the importance of their work.
(HT: Matt Perman)