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The video tutorial discusses the importance of inspiring teams to do their best work by utilizing customizable slides for performance reviews. These slides cover individual reviews, 30/60/90 reviews, 360-degree reviews, team light dashboards, and team scorecards. Performance reviews help track employee development and set future plans, with studies showing that investing in employee development increases retention rates. Airbnb's performance review system doubled as a career development experience, with a focus on preparation, delivery, and follow-up. Customizable templates are key to a successful performance review process.