The bother of the effort to oversee an actual institution of higher learning is the tax the board has to deal with in order to really focus on their primary concern which is research.
That feeling may very well persist among most Deans, Department Heads and the like. I imagine they frequently have those types of conversations among themselves, and in various faculty groups.
Among the highest levels of University leadership though, it could not be more clearly the opposite. 180 degrees so.
(IIRC, your background has roots in the academic side of things - so I expect that is where those observations take root)
There was certainly a time when "University Leadership" percolated up from the academic side of the institutions. Those days are long gone.
The "business" is now run largely by folks who neither care nor - in many cases - understand that.