Examlex
The actions a company takes to add value are referred to as the
Holacracy
A flat decentralized structure made up of self-managing teams called circles in which employees have multiple roles and responsibilities.
Self-Managing Teams
Groups of employees tasked with planning and executing their own work procedures and strategies, having autonomy in decision-making.
Circles
In organizational contexts, groups of employees who meet to discuss and propose solutions to workplace issues.
Virtual Organization
An organization that operates primarily through electronic communication, lacking a physical central location.
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