PPrune. Free strategic and operational consulting to airline boards everywhere.
(If only they would listen...)
Seriously - so much wisdom gathered here, so little effective decision-making in the board room.
Reverse the roles: If a PIC with 400 souls on board faced an in-flight crisis and didn't make good decisions, the potential outcomes range from 400 headstones to a bit of scraped paint - but whether s/he survived (literally) the outcome, s/he would forever carry the blame. Accountability is forever. It's all built into the pilot's psyche, even at solo level where you might only hurt yourself.
Yet, at board level, they play with their toys. I bet another logo tweak and uniform redesign will be just around the next corner. Nero fiddles while Rome burns.