As a manager, Quick Actions allow you to:
give feedback to a direct report of yours
make a private note about them
or ask feedback from them easier than ever.
You can find Quick Actions on the left-hand side in the navigation bar when you click on the profile of the person you'd like to give feedback to, create a private note about or ask feedback from.
These quick actions are only available to managers. Managers with admin rights don't have this feature.