God forbid you'd actually have to do any real work when there's so many design, retro, and daily sync meetings to attend and so many jira issues to groom.
With too little process, people release bugs that I then have to scramble to fix. The CEO who pushed to skip QA and unit testing and everything in the name of release never has to deal with the consequences of their impatience
Source: my personal experience. Very few of the managers who can code that I've worked with were better than any of the ones who couldn't, and those who did actively code while managing were universally worse.