The term holacracy was first developed by the entrepreneur Brian Robertson and later came to spotlight with the start-up firm Zappos adopting it.
Holacracy in its approach is a democratic concept where the emphasis is being laid on the democratic decision making rather than following the hierarchical order. It doesn’t means that there is no hierarchy in the system. Rather than that there are circles at each and every hierarchy which helps in decision making where no one particular post or person is responsible for taking the decision. Rather it is the group of people at that level/circle who collectively take decisions regarding the matter in hand.
In this write -up we will, however, be discussing the possibilities of holacracy in the Indian corporate culture. It has been observed that the corporate culture prevalent in any country draws its structures or gets affected by the societal structures prevalent in the society.
But with the...