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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.
The autocracy form of government is characterized by the presence of a single leader who rules the people. It is akin to the dictatorship form of government. Oligarchy power of government rests in the hands of only a few people as opposed to autocracy where the power rests in the hands of a single person. Doug Friedman.