Holacracy distributes authority and decision making throughout an organization and defines people not by hierarchy and titles but by roles. Holacracy creates organizations that are fast and agile and that succeed by pursuing their purpose, free from the tyranny of top-down planning that's instantly out of date.
This isn't anarchy - it's quite the opposite. When you start to follow Holacracy, you learn to create new structures and ways of making decisions that empower the people who know the most about the work your company does: your frontline colleagues. Some of the many champions of Holacracy include Tony Hsieh, CEO of Zappos.com (and author of the number one New York Times best seller Delivering Happiness); Evan Williams (cofounder of Blogger, Twitter, and Medium); and David Allen.
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Excellent overview with ample examples