The absence of recognition is a sign of a lack of attention or caring on the part of the leader.
If those you lead are doing a great job or even a good job, let them know about it. This is important to motivation and can make a lasting impression not only on the one you praise but on those who hear about it.
If those you lead are not doing what is required of them, find ways to motivate them to improved performance. The time you spend leading them from good to great is the most valuable time you can give them as a leader.
Most important for your team is the fact that whether you are recognizing stellar performers or mentoring potential stars, you are showing a personal connection to the goal. That will serve you and your team well today and tomorrow.
Doc Brown