This is a really interesting concept and one I think will become more important as the pressure mounts to innovate quickly. It’s interesting how some companies have stumbled on a similar way of working completely by accident, with self-governed “circles” working on different projects. Eventually this leads to the most successful/value-adding projects to rise to the top with the less useful ones falling away.
It occurs to me that Holacracy would be a great way to disseminate learning throughout an organisation. People would come together to work on a specific project depending on the roles required, and after it’s completed they would take what they learned to whichever circle they were needed next.