Reddit mentions of Holacracy: The New Management System for a Rapidly Changing World

Reorganize the concept of work of all sorts such that everyone operates within an appropriate level of their own authority. No people are expected to act as robots, and everyone has clearly defined roles in which they have decision making power. And, those roles and authorities can evolve over time with the advice and consent of the group, with the goal of doing better work in better ways.

Incidentally, I'm getting all this from Reinventing Organizations and Holacracy. You might be interested in reading those.

And to be fair to our real world so far, you couldn't really reboot and expect to get here. We needed the other organizational models to get us to the point that we'd even understand and be able to implement what I said above.