A slightly less cynical view: execs have a hard filter for “things I can do something about” and “things I can’t influence at all.” The bad ones are constantly pushing problems into the second bucket, but there are legitimately gray area cases. When an exec smells the possibility that their team could have somehow avoided a problem, that’s category 1 and the hammer comes down hard.
After that process comes the BS and PR step, where reality is spun into a cotton candy that makes the leader look good no matter what.
After that process comes the BS and PR step, where reality is spun into a cotton candy that makes the leader look good no matter what.