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Holacracy - How its structure addresses challenges of the new normal
1. Holacracy – For the new normal
Dr. Ketan S. Vira, GNVS Institute of Management, Mumbai, Maharashtra
2. Holacracy
Holacracy is a new way of structuring and running an
organization that replaces the conventional management
hierarchy. Everyone in the organization acts as a sensor for
the organization and has pathways to turn their challenges
and opportunities into improvements for the organization.
3. Case Example : Emaar Group
The real estate giant behind the Burj Khalifa just
eliminated job titles to improve company
culture
Founder Mohamed Alabbar sent an email to
staff explaining the decision. "Emaar is not a
collection of talented individuals, but a team of
great pooled talent," he wrote. "For Emaar to
continue to succeed, it is vital that every single
one of our employees feels empowered to
contribute.“
Employee business cards will no longer include
titles, just departments, and that includes
Alabbar himself. The change is meant to inspire
a "focus on talent, not titles."
4. Objectives
To understand the challenges of new normal
To identify the strategies to overcome the
challenges of new normal
To suggest, how holacracy can address these
challenges
6. Work- related Challenges of New Normal
Impact on Creativity
Increasing number of Millennials
Changing Leadership Styles
Communication Challenges
Changing Responsibilities
Quick Results
Technological Advancements
7. Strategies to overcome the challenges of new normal
through Holacracy
Impact on Creativity : Circles to increase the flow of ideas
Increasing number of Millennials : More freedom, less reporting
Changing Leadership Styles: Participative and Servant Leadership
Communication Challenges: Organic Structure, Roles not titles
Changes Responsibilities: Self managing and collaborations
Quick Results: Agility
Technological Advancements: Accountability and Appraisal, not by the
superior but the AI