My definition of key employees - don't mean senior employees or CXOs. It means employees without which the business will be in major trouble. Or employees you wont fire, and will try to retain even if they want to go. Those are key employees.
Treat them with respect. Understand their pulse. Understand why they are working for you, what their passions are, requirements are, problems are, and provide them with the environment that is required for them to become stars.
Do this - and you wont regret. Employee morale will be up. Everyone will know why these employees are being recognized. Others will work towards getting similar recognition. This is the true definition of meritocracy. Everyone loves it.
Identify key employees in each division. They needn't necessarily be the team leaders. Push them to achieve results, and they will !
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