We also had a lot of slowdown because we were stuck on a shitty off-the-shelf program he bought. He went for this one instead of the more usable competitor because it was cheaper. If he could get developers to build a working tool in the cheap product by holding them 'accountable' in his Excel sheet, he could push for the product to replace the more expensive competitor and gain some reputation in the corporation.
In the end, most of the project was a horrific failure. His best employees left, and control of the project was transferred to another manager inside of a year or two.
I think a lot of this could have been avoided if my boss had any idea about what he was managing.