An adhocracy, in a business context, is a corporate culture based on the ability to adapt quickly to changing conditions. Adhocracies are characterized by flexibility, employee empowerment and an emphasis on individual initiative.
Adhocracy allows organizations to operate in a more flexible manner. It offers a sharp contrast to more formal styles of decision-making. This flexibility can work well in fast-changing industries where organizations that can identify and act on new opportunities the fastest have a competitive advantage.
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