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In this video, Stephen Goldberg from Optimus Performance discusses the importance of conducting employee performance evaluations, highlighting that it is an essential responsibility for managers and business owners. He acknowledges that many avoid these evaluations due to a lack of skills, time constraints, or employee reluctance. Goldberg emphasizes that regular performance evaluations are necessary for effective leadership and team development. He presents an updated employee performance evaluation template designed to facilitate these sessions, underscoring the significance of this function in maintaining a productive workplace.