This is a very nice description of what I've noticed moving to a large organisation. There is also a lot of busy work. As the organisation grows, communicating and negotiating between groups requires extra effort that often ends up being the role of a new management level, and groups have self-preserving incentives to stay relevant leading to lots of entropy (busy work, repeated work, hero projects that are just there for internal branding). As someone who has recently been put in this level of management I spend a lot of time having to negotiate out of new project initiatives invented more to attract exec attention or satisfy a rogue execs dream project. Makes me really look forward to moving back to working in a smaller company.