First off, you mentioned in a previous post they were evaluating veterans (Mittelstadt, Jokijarhu, etc) still. which is what the 'bizarro world' comment came from. They know who these guys are. And if they don't....that is a problem.
As for this:
You are acting as if giving up something of value for a good NHL ready player is some sort of crime.
Organizations that fill needs don't sit and wait 2 years to make a decision on what to do with a draftee. It's why its a risk. Because if a player is drafted and does well, guess what, other teams see that too, and when its time for a trade, they want the player that is doing well.
You don't draft a whole ton of prospects and go "I can't do anything, I've gotta see what I have here with this prospects". Its a crap shoot. You see what your team needs (both immediately and long term) and do your best to fill those needs. And if you want good players, those cost good assets.
Evaluations change as time goes on, sure. And they shouldn't empty the to try to force your way into contention. But to not do anything because "WE NEED TO EVALUATE WHAT WE HAVE" when you have been the GM for 4 years is completely bonkers. You use the info you have to make the best decisions and weigh the risks against the rewards.
It's one thing if you recently switched GMs and they wanted to take an organization wide evaluation before making plans and making trades, that is normal. But to defend a GM sitting on their hands because they are still in evaluation mode in year 4 is just weird. Because for every prospect that hits, you are going to have 2-3 that fail. You can't let the fear of a young player developing elsewhere paralyze you from making strides on improving the roster now.
Yes, they are evaluating the young players that they have deemed on the bubble of the "core vs expendable" debate. Mitts, Krebs, UPL, Joker... they all have shown some promise in the past. Mitts and Joker have talent, but they were boys last year. This year they are playing like men. This happens with a lot of prospects that are somewhat late bloomers.
What you don't see is what goes on at practice. The coaching staff sees guys like Thompson dominate practices, but fail to show the same effectiveness in games. Then one day the switch flips and Thompson is a beast in games. The fans had been calling to move him for two years, but the coaching staff held on to him because they were still evaluating him and they had not given up. That type of evaluation with young players does not happen in half a season like you are assuming it should. It is common and mistakes are made when decisions are rushed.
As for trading the farm for valuable returns being a good thing, you are going to get pennies on the dollar for small forwards in a trade if trading them for NHL roster help.
The plan likely is to hold on to those prospects until you are confident which on is going to be Skinner's replacement. The ones that you then decide to trade are probably not much less valuable than they were a year or two prior, so you aren't losing much holding them in this instance.
The problem really isn't with the slow evaluation process, it is in the concept that Donny could take a roster full of kids and transform them into a great team without having a solid group of veterans insulating them and helping them along. Good vets with winning pedigree are going to teach the kids so much more than Christie, Ellis, or Wilford ever could dream of.
You blame Adams, but I get the very strong impression that just about all of Adams' roster moves are done at Granato's request. I believe Granato wanted the young roster, and developing them all together was his brain-child. The plan came together after Granato was hired as coach. I think he believed he could compete and build the perfect team over time starting with a ridiculously young roster.
And once again, I am not defending Adams, He made the hire and enabled what has gone wrong. I am just giving my take on what I think is going on. He should have his own plan that was a bit more conservative, but the good news is that this situation is no where near as dire as you are making it out to be. This team is still in a pretty good place, despite the setback this year.