Many smart people, few who know anything. - Avis employé Employé (anonyme) 3M

However, they have many "educated" credentialed people, that have little practical experience. These people do not want to hear any objections to their grand plan. The plan is followed regardless of whether it is a good plan or not. Then when it comes time to actually pay vendors for what they want, senior management balks at the idea. Vendors should just give them stuff because it is 3M. This is a poor approach.