I believe management has in many cases lost focus on strategy because they are either not driven as well since they also are not fully invested in the company’s overall vision or are so overwhelmed with meetings that they simply don’t have time to even understand what their subordinates actually do in technical terms, much less strategize.

But they are overwhelmed because they are spending too much time on performance evaluations than on project management. If they actually cut down performance evaluations by 80%, time will reappear magically.