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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.
Definition of autocracy for English Language Learners. : 1  a form of government in which a country is ruled by a person or group with total power. : 2  a country that is ruled by a person or group with total power.