This is overly simplifying the issue. I work for an org that requires exactly this type of 'build your own manager' idea that is mentioned in the article. Sure, it's dysfunctional and has a lot of legacy problems (like most large public sector orgs), but the work is what compells me... irrespective of how good/bad my manager is.

Basically: In some cases where you work and what you are working on trumps who you are working for and how much you are paid.