I'll just be the Nth commenter to say it, but corporations, especially larger ones, are anything but efficient. I don't know if it ever was true, except maybe for companies focused on producing high volumes of highly standardized/specific products in a competitive environment. That's not to say that efficiency isn't desirable or beneficial in general, but as soon as it becomes difficult to put a value tag on the work being done (which unfortunately gets harder in more services oriented corporations), competing for clever ideas just rewards less than competing for the boss's attention. There's no justice or fairness in that.