Holacracy is a system of organizational governance characterized by the absence of management hierarchies.
Its name derives from the Greek holos, “whole” a unit as autonomous and self-sufficient, but dependent in turn as part of a larger unit.
The result is intended to be an adaptable organization, in which the progressive growth does not lead to increased bureaucracy, and in which no one hides behind the role.
Both the authority and decision-making are distributed through a fractal holarchy of self-organizing systems, instead of emerging from the top of a hierarchy.
The organization will grow and prosper with the entrepreneurship and leadership exercised by each person, each in his/her role, increasing agility, efficiency, transparency, innovation and responsibility.
Few physical meetings will be organized and in these, a strong focus on achieving objectives without wasting time or struggles.
This structure will be also widely supported by technological development; a high level of interconnection to sustain coordination in a flexible manner as it is necessary.
An in-depth description of Holacracy can be found in its Constitution, now in version 4.1.
Translated and adapted from: Holacracia, la filosofía de la organización que viene