Yeah. Well. There are company that require TPS reports, too.

It's mostly a sign leadership has lost reasoning capability if it's mandatory.

But no, reporting isn't necessarily the problem. There are plenty of places that use reporting to drive a conversation on what's broken, and why it's broken for their workflow, and then use that to drive improvement.

It's only a problem if the leadership stance is "Haha! We found underpants gnome step 2! Make underpants number go up, and we are geniuses". Sadly not as rare as one would hope, but still stupid.