This is something I had read some years ago, in the book ‘Execution’ by Larry Bossidy & Ram Charan (confirmed by Soeb yesterday) followed it ever since, quite successfully.
1) Know your people & your business
2) Insist on Realism
3) Set clear Goals & Priorities
4) Follow Through
5) Reward the Doers
6) Expand People’s capabilities
7) Know Yourself