Asking what the OP was going to change is not an automatic nod of approval for his approach. I’ve been part of some large interventions spanning multiple quarters, that started from a simple conversation with an exec just like this. There are downstream effects to these decisions that affect many stakeholders and departments - so they cannot be made in a vacuum or delegated completely (I trust you, go ahead and fix whatever). Depends on the severity and scope of the issue of course. A simple deployment gone wrong is different from a fundamental issue with the architecture that is straining progress.

As an example, a major rehaul of a core system could push back product (new feature dev) timelines, that can affect customers and their releases, bottomline of the company, reputation, tax repercussions, if it’s an American public company then it’ll affect SOX compliance & audits, could lead to spicy investor/analyst conference calls, and so on.