Instead of having time cards, incentive people to show up and be productive.
Instead of micromanaging, put in the effort up-front to set clear expectations.
Instead of doing it all yourself, delegate.
Instead of clutching onto information, share it.
Instead of motivating via intimidation, motivate by empowerment.
Of course that means you have to do the work of hiring good people. And even harder, setting a great example to make them want to stay.