Yeah, I get the idea of more responsibility, but don't really agree with how it was put... There are always things which simply cannot be resolved in a given timeframe and the reasonable decision might be to plan for a delay / propose an alternative plan instead - it looks like the VP gets the blame in that case instead of reconsidering the strategy, since reasons don't exist any more.
More to the point - that sentence paints the world black/white, even though the world never works like that. However, I think it also explains some actions of that company...