Bureaucracy, Autocracy, Holacracy?

Screen Shot 2015-07-21 at 6.20.28 PMHolacracy is a new business model that strives to offer every employee a voice.  But can a large business function in this way?  Is the transition to such a new and different model too much for workers to handle?  Could it be that even as independent adults we still desire to have a boss?
 At Zappos, Pushing Shoes and a Vision