Seybold Report ISSN: 1533-9211
Prof. Harish Naidu, Dr. Meena Sharma, Dr. Sudeep Vijay Limaye
Vol 17, No 12 ( 2022 ) | Licensing: CC 4.0 | Pg no: 3320-3327 | Published on: 28-12-2022
Abstract
The construct of VUCA world is a reality. Societies and economies are experiencing complexity and uncertainty since the new millennium. The global shutdown due to the pandemic has hastened the processes. Such world would require a shift in the management thoughts as well. This calls for managers and academicians to search for new solutions which work on collaboration, respect for others and a sustained dialogue. Organisations of the future will have to give high importance to individuals and create an environment of continuous improvement. HolacracyTM is a concept to enable this new organization management paradigm. In the new world the organisations would have to rapidly scale up the size and operations and also be agile like a startup. This paperdeliberateson the construct of HolacracyTM and the challenges to the same. The paper identifies that the concept does create an environment for an individuals to succeed.
Keywords:
Holacracy, Circle, Management framework, Hierarchy less organization