The issue the author is talking about, in my view, is caused by the natural lifespan of corps tending towards bloating middle-management. (Very hard process to fight).
At the start the founder group are rutheless productivity-chasers. Then the corp expands to include the its-just-a-job group. Everything ticks along well, and at some point, the rutheless can't manage the group. So they hire followers to listen to their orders and thereby manage others. In this sense middle management is really "corporate following".
Now you have the its-just-ajobs, rutheless-productives, rutheless-leaders, and leader-followers.
When the corp grows too far the balance in these populations is thrown way off (by, often, the shortsightedness of the real leadership in balloning middle-management to cover for them).
At this point all the meaningful decisions are still held by the exec, but middle management are now so large they have to "find something useful to do", which is regulate all the meaningless decisions.
At this point most of the ruthelessly-productive leave, and you're left with the justajobs, leader-followers and the few clueless productives who'll destroy their mental health trying to grapple with it all.