Yes, I definitely agree.
I think they've gone to two extremes.
In the old days, it used to be that you got promoted by people knowing your reputation and based on different things like that. Then that got to be too much of a closed shop, and that was not fair.
They went to this very—on paper—objective thing that is based only on current capacities, and now they're at the other end. They need to swing back to where they look at current capacities and objective assessment as well as your experience and past performance.