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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.
Autocracy is a form of government. In an autocracy, a single person has all legal and political power, and makes all decisions by himself or herself. The person who holds the power is called an autocrat. When there is a monarch ruling a country as an absolute monarchy, this is also called an autocracy. Having an autocratic government does not mean the country is governed well or governed poorly. It is just a description on how it is set up.