I've worked at shops with agile coaches, consultants, product teams, multiple management layers, etc all attending agile planning/retro/blab sessions. They always had really strong opinions on the minutae of each footstep (tickets/sprint), but couldn't speak to where the path was to take us. Essentially zero quarterly let alone annual planning.
A lot of management these days is the equivalent of driving and saying "I'll decide where I'm going when I get to the next stop light", repeated every 2 weeks.