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Last Updated : 2020-06-17 18:14:39
The new concept of business models is the abolition of the hierarchy. This was stated by writer, entrepreneur, and business consultant Brian Robertson, following an article on the Forbes website reviewing the concept of helocracy to talk about the tasks performed by self-managed and interrelated teams, with no needs and operators.
In other words, it is a System Q redistributing authority and decision-making power through an organization where they are defined not by titles or hierarchies, but by roles. Is it an issue with expectations of permanence or any of the rare terms with which we talk about news on the Internet? We don't know at the moment, but there are important commercial emporiums like Zappo, an important e-commerce platform that is beginning to implement it.
For details with the debate: It is up to you to address the radical degree of holacracy that gives autonomy to the components of the organization to make changes without asking permission. The idea is not to limit these dynamics and the relationship between managers and employees, but to combine every component within a company to empower them. In this respect, a method called change makers is used, a philosophy of working with customers, suppliers, and competitors, who have the opportunity to receive the market dynamics we have with them. Human resource autonomy is an important segment of this change, even if it is only a part of it.
Track: The wall current of social networks has revolutionized the commercial relationship. The main platforms, such as Facebook, Twitter, and Youtube, had a peak of growth, following the users' empowerment to share experiences through photos, audios, videos, and messages. In addition to this, the Internet Marketplace boom has also empowered providers, with particular benefit to the little ones. Amazon, Etsy, and eBay Emporiums have hired small and medium entrepreneurs to sell to customers worldwide. Previously, they limited their spectrum of action to local communities.
Collaboration and competition: The business models that offer investment opportunities are in vogue at this historic moment to ensure that capitals do not stay in the banks and that there are many participants in the business world. The result is that more and more competitors are striving to please and not destroy one another, thereby adding that collaboration is just as necessary as the competition to survive in such a demanding world. For example, sellers on Etsy regularly travel outside of the platform to train each other and launch joint initiatives that help their businesses grow.
From Products to Tools: The detractors of holacracy that exist are unaware of some aspects: The first is that it is certainly not a novelty. The academic environment reflects the desire for self-expression, autonomy, and power to choose over decades.
Second, the technology that enables these business models to reach new and almost unknown industries. The combination of networked equipment, blockchain technology, and artificial intelligence can help clients in new sectors such as manufacturing, power generation, or finance.
About Author : Sazid is a freelance writer and editor passionate about writing on the realm of business tech. He currently works with SMEs through North America and Europe.
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