Scott Adams has nailed it again. When bankers buy a company, they usually have a 5-year horizon to "add value" and improve EBIT "matrices" before they dump their "financially engineered" creation off to another group of moneyed morons. Watch the old Wall Street film, ("greed is good") for a dramatization of what I'm talking about.
Generally, they have little clue about how the companies they purchase do their thing, but do know from the starting balance sheet that they can't screw things up so badly that it implodes before they dump it within their 5-year window. In the meantime, they install a temporary "management team" of revolving door flunkies to watch over their pillaging of the company and do what they must to keep the bones together during that 5-year window.
Invariably, leaders similar to Dilbert's Pointy-Haired boss are installed at key positions and given the charge to reduce their “headcounts.” One of the commonalities these pointy-haired leaders share is an almost manic drive to avoid taking responsibility for any of the technology being used by their “headcounts.” To their underlings…the ones who are often responsible for the success of the enterprise the bankers bought…these new leaders are viewed as empty suits, which they often are. Adams has captured one small glimpse of this dynamic very well indeed.