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# Holacracy

“Holacracy” is a decentralized management system that replaces traditional hierarchical structures with a self-managing, distributed approach. In a holacratic organization, authority and decision-making are distributed across various roles and teams rather than being concentrated at the top. This system emphasizes transparency, role clarity, and iterative processes to adapt quickly to changes and improve organizational agility.
For example, in a company adopting holacracy, instead of having a single CEO making all high-level decisions, the company operates with various roles and circles, each with its own responsibilities and decision-making power. Teams can adapt their roles and processes dynamically, leading to greater innovation and responsiveness.
Related Terms:
Organizational Change
Leadership Development
Organizational Culture