Another take on it is that in a big company, even incredibly mundane and boring software can scale to a level that is stupendously valuable once it goes into pr

Another take on it is that in a big company, even incredibly mundane and boring software can scale to a level that is stupendously valuable once it goes into production. Hence the company can completely afford to have an entire team working away writing 3 lines of useful code a day. It is way more important that the code is created in a way that can mesh with the rest of the giant corporate behemoth (so yeah, documentation, meetings, etc etc) than it is that it is done fast.