Both models aim to improve employee satisfaction and retention, but Holacracy represents a more radical shift in organizational structure.
Attribute | The "Great Resignation" Aftermath Culture | Holacracy |
---|---|---|
Employee Retention Rate | High employee turnover leads to increased costs and decreased morale. | Data limited in search results; higher turnover during transition. |
Employee Satisfaction Levels | Support for mental health, alignment with values, fairness, and good workplace relationships are crucial. | Enhanced employee engagement, greater job satisfaction, and motivation due to increased autonomy and empowerment. |
Adaptability to Change | Organizations must adapt to changing work culture, including remote work and flexibility. | Flexible and adaptable, allowing for quicker responses to changing market conditions. Enables rapid decision-making and facilitates continuous improvement. |
Organizational Hierarchy | A culture of empowerment, transparency, communication, and trust enhances employee experience. | Replaces traditional management hierarchy with a distributed authority system across self-organizing teams. |
Decision-Making Process | Employee participation in decision-making enhances engagement. | Distributed decision-making process, granting autonomy to roles within their scope of work. |
Employee Autonomy | Autonomy and ownership of work are important for employees. | Emphasizes autonomy and self-management, empowering employees to make decisions and act within their roles without needing approval from superiors. |
Transparency and Communication | Open communication channels and transparency deepen trust and engagement. | Relies on transparent communication and information sharing throughout the organization. |
Skill Development Opportunities | Upskilling opportunities are key for acquiring and retaining employees; employees want growth opportunities. | Allows employees to hold multiple roles tailored to their strengths, improving resource allocation and motivation. |
Team Collaboration | Cohesive, diverse teams give employees a sense of belonging and connectedness. | Promotes teamwork and community by encouraging team building and mutual efforts to complete tasks. |
Leadership Style | Empowerment leadership and empathy are sought by employees. | Managers shift to facilitating the self-management of teams and supporting individuals in fulfilling their roles. Servant leadership is encouraged. |
Work-Life Balance Support | Employees want to balance work with personal lives; flexible options enhance job satisfaction. | Can support employee wellness by increasing autonomy and empowerment, leading to greater job satisfaction. |
Innovation and Creativity | Empowered employees and cohesive teams foster innovation. | Fosters creativity and innovation by giving autonomy and encouraging experimentation and continuous improvement. |