Why Are Millennials Killing Their Bosses?
Millennials are changing the way we work and how we organize - and these changes don't really bode well for the boss.
Millennials are at it again. Turning the world as we know it upside down. Their target this time? The role of manager in the workplace. In a world where software can monitor work and many questions are Google-able, a movement toward more self-management and less organizational hierarchy has some companies dropping titles from their vocabulary.
The buzzword in up-and-coming styles of business organization is "holacracy." Because it is so different from what most of us know, holacracy can be a little difficult to grasp. The general idea is that job descriptions (like manager) are replaced with "roles." These roles, instead of being structured around people, are more flexibly structured around the work that needs to be done. Authority is distributed as necessary among these roles and their teams but is rather fluid with more people having a say in decision-making, rather than always deferring to the higher-up. In a holacracy, the overall structure is updated often, with roles changing as necessary and some people working several roles at once.
Holacracy got a lot of notice when Zappos CEO Tony Hsieh sent out a lengthy email to his company, explaining that they were changing over to this new structure. His belief in Holacracy is so strong that he offered employees a way out of this transition in the form of a severance package. As of May, 14 percent of Zappos employees took that offer and left.
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