I sense a "its hard but its good" theme in this post, and frankly, I disagree.

Making middle managers accountable for the failure of executives to manage their company, effectively just insulates those people who made decisions from those who know they are terrible decisions.

I was a middle manager who had to do this very thing, and even though my company was happy due to making gobs of money, every review I had was terrible because I wasn't hitting the metric of the month (that generally ended in horrible burn out and hiring even more replaceable people) and I was constantly warned that "You wont bonus this month."

I never got a bonus while I worked there, and yet was highly respected and valued by all my employees.

When I left the company the other great managers followed me, and the business folded, having hundreds of people lose their jobs.

So tell me, why would anyone want this or claim that this type of decision making is "good management"?

Why setup a system that punishes those that help the business and deliver actual value to customers instead of meaningless metrics?