2017-03-08 00:00:00 Managing People English Learn how a holacracy works and what makes it such an effective way to get the most out of your employees. https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/06/employees-collaborate-equally-in-a-holacracy-based-workplace.jpg https://quickbooks.intuit.com/ca/resources/managing-people/what-is-holacracy/ What Is Holacracy?

What Is Holacracy?

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One way to improve the performance of your employees and the productivity of your business is by setting up a holacracy. This is a system that’s composed of self-managed groups instead of the standard top-down organizational structure. There are a few key elements of a holacracy. Instead of every employee having a specific job, each employee fulfills a role depending on the work that needs to be done. This gives employees more opportunities to grow and succeed. Groups of employees work together as teams, and each team has its own specific goals. Instead of a team reporting to a manager or requiring the approval of a higher-up to do things a certain way, the team manages itself and has the authority to make those decisions. By empowering employees this way, your organization runs more efficiently, as no one needs to stop working to go get a manager’s approval. In a holacracy, there is a clear set of written rules that everyone in the organization follows to prevent any office politics from occurring. No matter where you rank in the company, you follow the same rules as everyone else, which ensures that everyone feels they’re treated fairly. A holacracy is a dramatic departure from how businesses typically operate, as it gives employees much more power instead of allowing a select few authority figures to call the shots. While it takes some time to implement this system, the benefits are well worth it. Your organization becomes more open and connected, creating a better work environment for everyone.

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