Old fashioned culture - Software Development Manager MetLife Employee Review

Hard to get a promotion based on merit and performance, all jobs are given to old-timers. Most of the managers spent their entire careers ate MetLife, never saw anything else and are unable and unwilling to drive change. Very little attention to the development processes and tools, all energy goes into managing projects and budgets. The development tools are mediocre, no tracking of enhancements, defects, tests cases. No real quality assurance. Business controls all aspects of application development without understanding what development means. The team work is not encouraged or valued, all rewards and evaluations are done individually and usually the worst team players get the most praise. The senior management seems ok and are definitely trying to do the right thing but it can't be done without massive cultural change that will focus on team work and modern development principles.