One of the annoying features of every update that Apple provide to there[sic] operating system is the removal or hiding useful advance options were in the previous versions of the operating system. In this case Apple have hidden the advance calibration options, very useful if you want to calibrate your screen colours. The options is in the normal location, but give no clue that it is there.

Source: Bringing Back Advance Screen Calibration Options | Mac Tricks And Tips