No more annual performance reviews?

The article, "What's After Annual Performance Reviews? Never-Ending Performance Reviews" was featured in Bloomberg Business in October 2015.  Take a look at the article.  I am glad that annual performance reviews are evolving into an on-going feedback process.  As long as colleagues are given guidance on how to provide feedback, are professional in providing the feedback, and there is a clear process/timeline in place to provide and receive feedback, the process will work.