Implementing Holacracy principles for increased efficiency in non-governmental organizations in Latvia

Abstract

The aim of this paper is to evaluate organizations that operate according to Holacracy principles, their potential benefits and challenges of its implementation, particularly in non-governmental organizations (NGOs). This paper offers a novel perspective on modernizing NGO management practices with Holacracy approach. NGOs are usually complex and dynamic in structure, therefore their “hard to manage” platform is an excellent to analyze contemporary management opportunities. The results of the paper indicate that the ability to adapt to modern changing conditions is a significant advantage for NGO organizations and a good example for other organizations, structured meetings could be mentioned as one of the key benefits. The research will address all key questions and provide conclusions and recommendations that can support NGOs in implementing Holacracy.