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In this video, Stephen Goldberg of Optimist Performance outlines criteria for conducting employee performance evaluations based on five competencies. He emphasizes the ease of using these competencies to assess employees effectively. In his previous video, he suggested utilizing job descriptions as a tool for performance discussions, and he still advocates for that approach. The criteria discussed in this video are drawn from an assessment known as the Profiles Performance Indicator, which Goldberg believes can be applied broadly to evaluate employee performance across various responsibilities and tasks.