M. Tamra Chandler, CEO & Co-founder, PeopleFirm

There is a revolution coming. Within the next decade, virtually all organizations of note will have swapped out their old-school, ineffective performance management programs for something far better suited to today’s chaotic, multi-generational, fast-changing business world. The vanguard is already shifting, with The Gap, Netflix, GE, and Adobe all tweaking or fully rebooting their performance programs. These early pioneers are already seeing positive results from their new approaches. Conversely, Yahoo has been sued for sticking with an outdated, numbers-driven and allegedly demeaning system. Executives are on the hook — for better or worse.