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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.
An oligarchy is a system of government by groups or officials. It is a government that is run be several people as a group.It is distinguished from a monarch, which is a government run by one person. A system of government run by groups or officials is bureaucratic.A bureaucracy is a system of government by groups of officials. An autocracy is a system of government where one person rules with total power.t is distinguished from a monarch, which is a government run by one person. A system of government run by groups or officials is bureaucratic. A bureaucracy is a system of government by groups of officials. An autocracy is a system of government where one person rules with total power.