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In this video, Stephen Goldberg of Optimist Performance presents criteria for conducting employee performance evaluations based on five core competencies. He emphasizes that these competencies simplify the evaluation process. Goldberg references his previous video on how to conduct evaluation review sessions and suggests using job descriptions as a tool for discussing employee performance regarding their responsibilities. He introduces criteria derived from the Profiles Performance Indicator assessment, advocating for their general applicability in performance evaluations. Overall, the video aims to provide practical tips for effective leadership and team development in the workplace.