Millennials are the product of a very unique period in history. From witnessing the dawn of the internet age all the way to the the beginning of a new century, life has changed a lot since the early 1980s all the way to now. But one thing that has remained consistent among millennials everywhere is the desire to learn and grow with the environment.
The modern zeitgeist carries with it a touch of isolation and the drive for independence. People are spending more time alone and social interactions are more common online than offline. But every situation carries with it a silver lining as well as the dark clouds – and where the modern work environment in concerned, millennials have a greater capacity to work by themselves, take risks, engage in entrepreneurial ventures as well as work remotely. In this new age where the global workforce is shifting towards new trends in work and globalization, where does that leave management?
What is holacracy?
Holacracy is a form of management where individuals and teams are given the flexibility to carry out their roles by making the important decisions regarding those taken by themselves. While companies would usually have team managers or overhead managers who would use their experience to make relevant decisions regarding work, the holarctic management structure suggests taking a slightly different approach.
In a holarctic work environment, the individual becomes responsible for carrying out their tasks. This also means that they are responsible for either the success or failure their work will garner. By giving workers personal responsibility over their work, holacracy in office invites millennials to take personal responsibility for their work.
How can a holarctic work environment ensure efficiency and productivity at work?
People are more likely to be personally invested in owning the product and output of their work. A holarctic management system is largely possible only because of the age we now live in.
Without the necessary technology that allows employees to be instantly accessible, gain information at the touch of a button or stay connected with every facet of their work – holacracy would not be possible. In order to be a part of a successful holarctic work environment, those within the management structure need to have faith in their employees that they will be able to carry out their duties.
What happens to the traditional management structure in a holacracy?
If you are thinking about introducing a holarctic work environment, then you should note that that does not come at the cost of a traditional management structure. Making the leap towards a holarctic work environment takes time, and even when you find employees who are capable of handling their own work responsibly and with consistency, you would still need someone to provide them with guidance.
Experience is the best teacher and that is where traditional management structures shine. By developing a balance between your existing management structure as well as a new holarctic approach to management, you can create an office environment that boosts productivity and invites workers to invest themselves at work. If you want to know more about how to build a great holarctic work environment or receive a consultation on your current organizational design, connect with Atled Consulting Ltd. today.