> how comfortable they are with all the non-sensical processes and red tape
That's a good way of putting it. There is this "managerial comfort zone" that goes straight up the org chart. I have observed managers evolve to optimize the environmental constraints, delivering the correct messaging, delays, and target zone realignments, just but knowing how to apply the correct templates. On the other side, this has caused top-down management to evolve to push back on these constraints, creating unreasonable landing-zones knowing they will not be hit. It is a crazy passive-aggressive arms race.
Maddening. It is these boondogglers who should be excised due to nepotism and failure to deliver, as well as their enabling upper management. However, the knives-out behavior of the early 90's has changed to "you pat my back..." as competition has vanished leading to monopolies who are free to stroke each other.
Sources: my experience at IBM, Intel, and Microsoft. Among other companies that weren't as large.