I've seen those processes done really well and really poorly. I've worked in environments where you had to submit a change two weeks in advance, present it to a panel, fix whatever they didn't like, and if you missed your resubmission window you were waiting another few weeks. I've also seen ARBs that met weekly and moved quickly. In both cases, the intent was the same: document change, communicate it so no one is surprised, and make sure there's a solid plan and rollback path.