I am in that condition, so personal experience here:
- i do most meetings with internal stakeholders to understand needs and changes, and document them
- i do most "architecting", as i have most context on the systems my team is responsible for (also I am the oncall escalation point all the time as I am the senior person)
- i write about 10% of the code, usually what other colleagues aren't comfortable with (legacy systems mainly these days)
"Development" is not only writing code, and senior roles tend to code far less because we get wrapped up with the rest of the company so other folks can code and deliver.
My team, manager and customers seem very happy about the whole thing (but hey, maybe everyone hates me!). I do want to code more, maybe with a good PM i would be able to, but I have no illusions about that.
They've coded for 10 or 20 years, and now just sit back and design interfaces, write specs, evaluate technologies, mentor juniors, do code review, and of course the ultimate mind blow when you're trying to figure out who to fire: they remove code instead of add it. Unfortunately for the company, these "imposters" do indeed get weeded out in preference to the recent college grad copy/pasting thousands of lines of StackOverflow answers. I usually escape before all that drama though!
I think for me it was more a journey of understanding the necessity of the function and not the person. As in, I would question the need for management or marketing.
As I matured and, in some cases, tried to perform those tasks myself, I had a respect for the function. The people may still suck but at least now I understand how good execution of that function is necessary for the organization as a whole.
I definitely see the value of management, marketing, and especially product management. Having worked at places with and without that function, I'm more convinced than ever that software architects are a net negative.
What about Dev leads who mentor/architect stuff instead of writing code day to day. How will you measure that?