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In this video, Ben Preston offers five essential tips for managers on conducting effective performance reviews. He emphasizes the importance of these reviews in setting expectations for the upcoming year and inspiring team members to align with the company's vision. Performance reviews serve as an opportunity to motivate employees to think bigger while also addressing their achievements and areas for improvement. Preston, an author and business consultant, encourages managers to provide meaningful feedback to help build strong teams. For those interested in enhancing their leadership skills, he invites viewers to subscribe for more content every Tuesday.