1. What is holacracy, and how long has it been around? 2. What are the advantages and disadvantages of the model? 3. Discuss at least 2-3 organizations who have attempted to implement the concept into their organization. Who was successful? Who failed? 4. If your team had the opportunity to implement the concept into an organization, how would you go about it? What steps would be important for you in a roll out? Draft your proposal for the implementation.Final Project Assignment MGMT 617

1. What is holacracy, and how long has it been around?

2. What are the advantages and disadvantages of the model?

3. Discuss at least 2-3 organizations who have attempted to implement the concept into their organization. Who was successful? Who failed?

4. If your team had the opportunity to implement the concept into an organization, how would you go about it? What steps would be important for you in a roll out? Draft your proposal for the implementation.
Holacracy is a comprehensive self-management system that supports entrepreneurship and fosters independence. Holacracy has led to the demise of the previous, conventional management hierarchy and the establishment of the peer-to-peer operating system. Its main characteristics are higher adaptability and flexibility, a decentralized control system, and better efficiency. It also provides a prompt reaction to local needs (Bhandari & Colomo-Palacios, 2019). It gives employees moral support and equips them to take on leadership roles and make sound judgments, enabling the company to distribute authority. Holacracy, in general, is a system of rules that regulates and directs companies and enables their expansion among the new, diverse generation (Velinov, 2018). In 2007, this kind of system was created. Since then, the concept has gained popularity on a global scale, and both small and major businesses have implemented the strategy. Holacracy’s adoption has rapidly increased as a result of its transparency and adaptability. The benefit of holacracy is that it boosts the organization’s effectiveness and worker productivity, among other things. The method encourages innovation, productivity, accountability, and openness inside the company. Cont…