What is Holacracy?
Holacracy is a method of decentralized management and organizational governance, in which authority and decision-making are distributed throughout a holarchy of self-organizing teams rather than being vested in a management hierarchy.
To understand more about holacracy you can click on following links:
1. Why Practice Holacracy
Holacracy is a revolutionary way of organising and managing your company that replaces traditional management. Power is divided across a defined organisational structure, allowing individuals and teams to exercise autonomy while remaining committed to the organization's mission. Read More.
2. What is Holacracy
Holacracy is a method of working. A method of operation. It's also a complete work-organization system. All of the rules and processes that enable fair decision-making are contained in the system. The boss, not the CEO or a manager, is in charge of the organization's purpose — the organization's aim. Read More
3. What is Holacracy and will it work in my Company
Holacracy is a set of rules that can assist form the practice of self-organization by allowing every employee the power to create, make changes, and have a voice, rather than just management. Read More.
4. Impressions of Holacracy : Purpose, Freedom Accountability and Evolution
Holacracy is a new approach of administering an organisation that distributes authority across specific positions, which can then be implemented autonomously without the need for a micromanaging boss. Read More
Companies are adopting the top-down hierarchy and favor decentralized management models. Zappos, Medium, AirBnB, Uber and other famous companies are striking examples of successful Holacracy system implementation. The adoption of this fresh model made them more flexible, adaptable, responsive to change hence creating great company culture.
Holacracy is claimed to increase agility, efficiency, transparency, innovation and accountability within an organization. The approach encourages individual team members to take initiative and gives them a process in which their concerns or ideas can be addressed which helps in team bonding.
What kind of change will Holacracy bring to your organization?
There are four differences between a traditional hierarchical structure and a holacratic organization that are most striking.
1. No more functions: from functions to roles.
2. No more boss: from delegated authority to distributed authority.
3. Agile: no longer major reorganizations, but evolve step by step quickly.
4. Clarity about responsibilities: no more politics based on implicit expectations but clear and visible rules.
Some Useful Links about Holacracy
I read a lot about Holacracy and found a few really good articles that explain what it is and why it is beneficial. I got a great research paper on it: Click Here
Click on the following article to know more about Holacracy.
1. How few companies implemented holacracy and their revenue grew triple fold: Click Here
2. How Holacracy helped startup: Click Here
You can also read research paper on holacracy:
1. Holacracy : An Organic Approach to Organizational Management. Click Here
2. Holacracy in Action : Theory to Practice. Click here
We, at OpenGrowth, are constantly looking for innovative and trending start-ups in the ecosystem. If you want to have more information about entrepreneurship or start-up basics, then do let us know in the comment section below.
Contributor: Akriti Verma
She is a creative, ardent and vivacious individual. She is passionate about bringing change through technological innovation by challenging the status quo. Through OpenGrowth University she envisions to empower and enable individuals with innovative ideas to pursue and excel in their entrepreneurial journey. She loves to paint and write poems.
