Originally Posted by
MickG0105
It is actually executive management's role to establish things like route structures, flight schedules and yield management/pricing structures, and adapt those to changing circumstances. The Board's role is to appoint the executive manager (CEO), review/endorse strategies developed by the executive, and monitor performance against the strategic objectives.
Everyone knows the board members regularly make direct decisions, take direct action and micromanage parts of the business according to their personal whims.
If they weren’t so busy being fickle and attempting to bully employees maybe they would have more time to ‘monitor performance against the strategic objectives’ and the share price wouldn’t be so tanked!