How are people motivated? How can they be inspired to do great things?

Financial rewards, such as performance bonuses and an equity stake in the financial results, do encourage people to conserve resources and produce results. But the kind of ownership that really generates energy is not economic. It is emotional. It gives people a sense of responsibility and makes them feel that their actions make a difference. Great leaders generate a spirit of teamwork and create a mutual learning and coaching environment that gives people a sense that they are a valuable member of the team and create a feeling that "we are all in this together, and we will succeed of fail, based on the actions of each person."¹⁰

 Case in Point  25 Lessons from Jack Welch

Lead: The genuine leader is someone who can express a vision and then get people to carry it out, says Jack Welch. Create a vision and then ignite your organization to make this vision a reality. Get people so passionate about what they are doing that they cannot wait to execute this plan. Have great energy, competitive spirit and the ability to spark excitement and achieve results... More

 Case in Point  Silicon Valley Companies: Creating an Inspiring Vision

Silicon Valley leaders keep stretch in their vision and communicate purpose and direction consistently and within multiple contexts. They keep linking the events of today to their vision, underscoring the relationship between the two keep people motivated and focused... More