The document discusses Fraedom's transition from a traditional organizational structure to a self-organizing model inspired by Spotify and Holacracy. Key aspects of the new model include overlapping functional practices rather than siloed departments, lightweight peer feedback, and minimal management hierarchy. The transition process involved training all employees and allowing self-selecting teams. While challenges emerged like not all roles fitting and lack of context for some, overall the model has led to quicker evolution and improvement at Fraedom though further changes remain ongoing.