Probably unpopular opinion: Silly excercises like this are a good way to see who bends the knee and who is a maverick, and projects only work when most people are docile enough to go with the flow and follow orders. Identifying people that make waves and evaluating if they're worth the hassle is an important part of running a successful business.
This is often sad and depressing, but sometimes it's just about doing your job, and getting some good food after work to counterbalance the bullshit.
You are probably correct but I hate what you wrote. I hate that humans are treated this way by businesses in order to eke out a few more measly percent profit.
Poorly run businesses need docile, dishonest employees who won't point out how badly the business is run, so that it can continue circling the toilet for as long as possible.
Lean, well-run businesses rely on people who are sharp and willing to search out problems in need of fixing. This is necessary for real innovation and competence.
You see this pattern not just in business, but it all kinds of situations. For example, governments that harshly suppress their populations' speech gradually turn into economic backwaters (requiring them to suppress even harder and harder to stay afloat), while governments that foster the exchange of ideas and roll with the punches become the world's economic and geopolitical kingpins.
Sadly, this way a company also gets rid of people who can speak uncomfortable truths when the need arises. Long-term only the desperate and the spittle lickers persist.
If management is unable to deal with people that rock the boat (as in firing should there be actual problems) then they seriously lack backbone and leadership qualities since spouting corporate propaganda and playing silly conformance games with employees is probably all they can do.
This is often sad and depressing, but sometimes it's just about doing your job, and getting some good food after work to counterbalance the bullshit.