I have forgotten the name of another big company that tried this and kinda failed. I hope something comes out of this for Bayer. I remember this because I liked the idea in general and the term stuck with me -- Holacracy (I think I read a book too).
This means that to strive for a structureless group is as useful, and as deceptive, as to aim at an "objective" news story, "value-free" social science, or a "free" economy. A "laissez faire" group is about as realistic as a "laissez faire" society; the idea becomes a smokescreen for the strong or the lucky to establish unquestioned hegemony over others. This hegemony can be so easily established because the idea of "structurelessness" does not prevent the formation of informal structures, only formal ones.
That's the issue: hidden power structures. But holacracy is not automatically false.
https://finance.yahoo.com/news/zappos-quietly-backed-away-ho...