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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.
Full Definition of AUTOCRACY. 1. : the authority or rule of an autocrat. 2. : government in which one person possesses unlimited power.3. : a community or state governed by autocracy. See autocracy defined for English-language learners.See autocracy defined for kids.utocracy. noun auÂ·tocÂ·raÂ·cy \oÌ-Ëtae-ËtÃ¤-krÉ\. SÄ. : tweet a form of government in which a country is ruled by a person or group with total. : power a country that is ruled by a person or group with total. power