[sibit]

> how do you provide long-term value

You don't. My employer switched to this type of project structure 16 months ago and so far all "projects" have been useless short sighted solo work.

The only benefit I've seen is it's a great for anyone who wants to coast until retirement. For example my current "project" is to stand up our production Kafka cluster. I provisioned and configured the servers within a day and now I'm sitting around twiddling my thumbs for the next 89 days.