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In this video, Stephen Goldberg from Optimus Performance discusses the importance of conducting employee performance evaluations, a vital function for managers and business owners. He highlights that many avoid these evaluations due to a lack of knowledge, time constraints, or employee reluctance stemming from infrequent reviews. Goldberg emphasizes that performance evaluations are essential for effective leadership and team development. To facilitate this process, he introduces an updated employee performance evaluation template designed to simplify the evaluation sessions. The video aims to encourage managers to prioritize these evaluations for better employee performance and overall business success.