I see this happen happen more frequently with teams formed of newly hired managers and developers . I call it the "Pasture grazing nomads" effect:

1) The new hired people are eager to make an impact and please the leadership even at the cost of showing false results or results that don't add to value to the customer.

2) The team picks up tasks from some dashboard which would fetch them more glory and higher rank on the dashboard. Does a quick sloppy implementation and parade it as a big value add.

3) The sloppy code gets collected as tech debt. They organize cleanup events in few months\years and do mass cleanup of bad code to win more laurels on the dashboard!

4) The cycle continues until the organization loses customers and does layoffs.

5) The nomads move on to other pastures to graze them out by repeating the above cycle.