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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.
For other uses, see Theocracy (disambiguation). Theocracy is a form of government in which a deity is the source from which all authority derives. The Oxford English Dictionary has this definition: 1. a system of government in which priests rule in the name of God or a god. 1.1. the commonwealth of Israel from the time of Moses until the election of Saul as King.