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The performance review collection provides customizable slides for various types of reviews, including individual, 30 60 90, 360-degree, team light dashboards, and team score cards. These tools aim to improve company culture, provide clarity, and enhance efficiency in employee feedback. Performance reviews help track development, set plans for future success, and can increase employee retention rates. Airbnb's successful performance review system involved preparation, delivery, and follow-up, with a key focus on using customizable templates for effective review processes.