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Tom Knox, a HR manager, discusses the importance of providing correction and guidance to employees in a gentle manner. Using the "who what where when why" model for documentation is crucial. For example, addressing lateness by explaining the impact on team members and emphasizing the importance of promptness. Corrective action should focus on the employee taking steps to be on time, rather than solving the issue for them. It is essential to prioritize attendance and punctuality, even for first-time offenders.