Yes
It's a jungle out there. A rat-race. We have mangement running IT who don't have a clue about "the business of IT". They just buy everything and contract-out everything. They waste money like crazy.
I call it a mate-ocracy because the CIO employs all her mates and suck-asses into the management positions. Never mind that they don't know what they're doing. They know enough to produce powerpoint slides to fool the executives into thinking they do.