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Part of the Business terms glossary: A holacracy is a governance structure characterized by a distribution of power among self-organizing groups, rather than the top-down authority in the typical hierarchical corporate culture model. A holacracy provides a flat management structure that distributes authority.
Oligarchy: A government in which a few people such as a dominant clan or clique have power. Plantocracy: A ruling class formed of plantation owners, leadership or government by this class of people. Plutocracy: A government or state in which the wealthy rule.eritocracy: A group of leaders or officeholders selected on the basis of individual ability or achievement. Monarchy: a government in which power is vested in a king, queen, emperor or empress who can pass power on to his heirs.