Adhocracy
You know what ad hoc is, right? It means...sort of random/at your choice. So adhocracy is kind of the meeting of a Montessori school and corporate America. "Be yourself." "Be your best." Kind of like the candlestick song in that Disney movie.
Adhocracy encourages individuals to act on their own, with the notion that any individual will more efficiently perform a given set of tasks to achieve a given goal than the opposite of adhocracy's environment would provide, i.e. a highly structured bureaucracy.
Adhocracy works great in a small technology firm with a dozen PhDs building cool code, but you can imagine this system not working all that well on a nuclear submarine. And yes, it's a very "take off your shoes and paint your hair rainbow" 1970s term. It was coined by the hippie genius writer, Alvin Toffler.