Good BNET article by Steve Tobak
"Some people have a knack for making things more complicated than they need to be."
"In 9 Notable Management Trends (or Fads), you’ll notice that simple concepts - such as core competency - have been successful over the long haul, while complex ones - like matrix management (which Yang employed at Yahoo, incidentally) - haven’t stood the test of time."
The rest is here http://blogs.bnet.com/ceo/?p=2109&tag=nl.e713
Ah yessss... the old "value adders" versus "energy suckers" problem!
In a complicated company, working for a complicated boss... new career... a resume form to get ready to move on :-)