If you had encountered any of the top floor dwellers of the last ten years, and their cronies, you'd know that was entirely fair. None of them could hold a candle to previous Management who'd worked, not talked, their way to the top. You talk about the business changing, but the very reason this situation has come about is because the highly paid buzzword aficionados didn't move with the times. AS talked about trying to "pivot" the business in his farewell address. If ever there was an indicator...he knows the latest fluffy jargon for changing business direction, but didn't know how to do it, so had to invite consultants in who didn't find the answer...
I absolutely guarantee there were some smart minds on the lower floors and flight decks of Monarch who could have told you where they were going wrong, but as they don't have the right letters after their name couldn't possibly be right.