>A huge chunk of my time (40% approx) is consumed by pointless cargo cult corporate activities which have no direct correlation on revenue, reputation or longevity but merely serve to sustain positions or activities in the company which someone felt needed to exist otherwise it wouldn’t be a real company. This is a universal truth for all companies with more than about 50 employees I’ve worked for.

I've found it isn't so much the cargo cult stuff that causes inefficiency as it is administrative hiring and artificially increased complexity.