One of my biggest lessons in “managing up”: agree on the problem, and take any suggestions for a solution seriously. Then work to make the solution you present as good or better.
The hard part being agreeing on the problem!
Sometimes, management sees the "solution", and present it as a problem that engineers then must solve. For example, competitor has brand new feature, and management asks said feature to be implemented (presumably, keeping up with the jones style). But the actual problem isn't lack of said feature, but that customers are not buying, and the only reason that's presented is a lack of said feature.