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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.
noun, plural autocracies. 1. government in which one person has uncontrolled or unlimited authority over others; the government or power of an absolute monarch. 2. a nation, state, or community ruled by an autocrat. 3. unlimited authority, power, or influence of one person in any group. Origin of autocracy.