Are there any (non-horde) campaigns where slash & burning makes sense?

I've tried this strategy in a couple of campaigns (mostly recently as Eltharion just then - got stomped ) and it hasn't really worked.

I'm talking about if there's a big obvious enemy that assembles (e.g. Gorbad in the badlands, Empire or Vlad, etc), when you first meet them whether it's worth just running your best stack through as much of their territory as possible, taking settlements and letting them rebel or selling them to their other enemies for a war-dec.

I feel like most of the time it's pretty pointless, but it's worked ok for me as Drycha at least once in the past, selling Vlad or Azhag's territory to Ungrim and Franz and joining the ordertide.

Generally the balance (e.g. if you play order, evil usually plays stronger) just means that there aren't any factions of the same alignment around your enemy that are strong enough to do anything about it even if you weaken them; you just delay the future by like 5 turns if that.

Tried to do it just then as Eltharion and it was pretty pointless. Captured a bunch of gorbad's shit and sold it to the local skaven, the ogres and whoever, but it just ended up with gorbad recapturing everything, \*confederating minor factions I'd beaten down for him, and then buddying up with Mors to wipe the dwarves out by turn 20 😰

Are there any campaigns where this is a really good and viable strategy?