To me, the problem today isn't the status collectors. It's the "Old F@rt Boys Club" of useless middle managers that have been at Q for 25-35 years surviving one failed project after another, the grey ceiling. Their skills are long gone, and like vampires they live off the blood of the young ones coming in, hoping to look relevant. They're just counting the days to retirement.
On the other hand -- today's status collectors are tomorrow's grey leeches.
I don't know what it would take to get GOOD people as managers. It takes someone at the very very top who would/could care about not only the quality of the company product, but the quality of the company employees. Those 2 are NOT the same thing. Maybe in a company that is bloated beyond recognition, like a beached whale, there is no hope.
RIP the Q I thought it was or could be.