The problem is not just poor management -- it's a political problem. It's not just DC, it's a problem across US companies.
You see...... it used to be that industrial engineers were concerned with a "fair days pay for a fair days work", eliminating inefficiency, waste and the "fat". Problem is, the US can't complete with cheap labor from the third world. Our politicians are eliminating trade barriers which means that US corporations are facing low-cost competition from overseas. Industrial engineers are now tasked with cutting costs.....as long as the end product is still saleable in the *short term*.
Problem is, this warped version of industrial engineering has been going on for so long, there's not much inefficiency, waste or fat left.*** So, to get something that looks good on paper, these geniuses are cutting the muscle and bone. There's only so much muscle and bone you can cut before you look at outsourcing as the solution to lower costs.
It's the US corporate version of suicide. It's slow motion suicide for the US way-of-life. Who will these corporations sell their products to when the service and leisure industries are all we have left?
***Frequently, the lowest cost product in a product line is so poorly constructed that it will only function for a limited time -- if at all.