Long term vision is one of key indicators of better management and strong performance these are correlated with measures such as productivity, return on capital employed, and survival
Rinse and repeat
- Targets: Does the organization support long-term goals with tough but achievable short-term performance benchmarks?
- Incentives: Does the organization reward high performers with promotions and bonuses while retraining or moving under performers?
- Monitoring: Does the organization rigorously collect and analyze performance data to identify opportunities for improvement?