Isn't this basically every company larger than a few 100 workers? The top chooses some random direction, the middle managers feuds, and the bottom does some wo

Isn't this basically every company larger than a few 100 workers? The top chooses some random direction, the middle managers feuds, and the bottom does some work wich gets thrown away half the time. Even so, these orgs are so big they dominate their industry despite all this.