Good judgment comes from experience. However, experience often comes from bad judgment. A good leader won't be afraid to fail. If he never tries, he'll never fail, but he'll never be successful either. Most leaders cultivate loyalty among their followers by being loyal to them.
Loyalty begets loyalty.
Show me the men and I will know their leader. Therefore, to have loyal, efficient employees, be a loyal, efficient employer. During the years that I have worked for Ronald Reagan, I discovered that one of his outstanding characteristics is his loyalty. In California, I worked for him as director of finance and made mistakes, as we all do. Now Ronald Reagan would never agree that Verne Orr made a mistake.