Big tech companies generally have tons of talent that they waste on having engineers basically stop each other doing technical things. It's a waste to have smart and expensive people work at cross purposes, but it frequently happens for internal political reasons. Sometimes a company in this situation gets the fear of God put into it and realizes that it actually needs to compete. At this point, all the red tape mysteriously disappears and all the process overhead that very serious people claimed was 'essential' disappears without the sky falling. Consequently, the company can now actually compete, and long-timers within the company who blocked progress for years get embarrassed, sidelined, or fired.
This dynamic is the reason competition is essential. Without external force compelling action, every organization trends toward stasis.
This dynamic is the reason competition is essential. Without external force compelling action, every organization trends toward stasis.