A (IT) management out of business reality, leaving from past and trying to prolong it as most as possible, hardly adopting a new model, not able to keep talented people. It can be used in a larger sense for defining at all the management quality in any organization, grasping the past not being able to innovate and adopt.
Ted's lack of faith and porn addiction earned him e-scatological punishment. He was forced to watch repetitions of "Two Girls One Cup" for all eternity.