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In this video tutorial, Stephen Goldberg from Optimus Performance emphasizes the importance of conducting employee performance evaluations for business owners and managers. He notes that these evaluations are expected by employees and serves as a crucial management function. Many avoid this task due to a lack of knowledge, time constraints, or a history of irregular evaluations. To aid in this process, he introduces an updated employee performance evaluation template. Goldberg highlights the significance of regular evaluations, using a bowling analogy to illustrate the concept. The session aims to provide practical tips on enhancing leadership, team development, and employee performance in the workplace.