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Part of the Business terms glossary: A holacracy is a governance structure characterized by a distribution of power among self-organizing groups, rather than the top-down authority in the typical hierarchical corporate culture model. A holacracy provides a flat management structure that distributes authority.
0 Vote. Hola means hello. In Spanish, the h is always silent. Ola means wave.. Not like a literal ocean wave. Take a look at the dictionary reference to see what I mean. The dictionary at the top of the page as well as the translation tool work extremely well... try it out!