Learning something entirely new is more work, as is spending your own money on this given employers can tend to avoid funding career-unrelated tools and learning.
Corporations themselves can become locked into products and solutions and businesses.
Counterintuitively, there can be value in the bungee boss approach in countering this syndrome; of a policy of periodic and scheduled managerial evictions with business reviews and a review of the bosses, and of institutionalizing some instability within organizational management. A Darwinian policy of up or out; where each middle-tier and upper-level bosses are treated as and measured akin to a self-contained CEO and sales rep, and where each is going to be promoted or pushed out.