[pracer]

And this is the perfect example of why so many companies are doing it wrong. Managers that truly believe they are the ones pulling the weight and making projects possible (without any mention to technology and eng. knowledge) and if not, it is because the engineers are over their minds and you have to micromanage them.

And because managers tend to be the ones proposing promotions or career upgrades, they reproduce this mindset by selection bias.

The point mentioned in some comment above about changing company if you feel forced to move to management has been proved by this comment. If you see this behaviour in management, no matter if you want to continue your IC career or move to management, run. Find a better place.