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In this video tutorial, Stephen Goldberg of Optimus Performance emphasizes the importance of conducting employee performance evaluations, which are essential for business owners and managers. He acknowledges that many avoid this practice due to a lack of knowledge, time constraints, or infrequent evaluations leading to employee reluctance. Goldberg shares an updated employee performance evaluation template to simplify the process. He likens the evaluation process to bowling, illustrating the significance of effective assessments in enhancing employee performance and development in the workplace.