Heat the olive oil in a large skillet over medium heat. Season the chicken breasts with salt and pepper and add them to the skillet.
Cook the chicken for about 5-7 minutes on each side until the chicken is golden brown and cooked through. Remove the chicken from the skillet and set aside on a plate.
In the same skillet, add the chicken broth and bring it to a simmer, scraping up any browned bits from the bottom of the skillet for extra flavor.
Reduce the heat to low, and add the softened cream cheese to the skillet. Stir until the cream cheese is completely melted and combined with the chicken broth, creating a smooth sauce.
Mix in the garlic powder, onion powder, dried thyme, and dried basil. Stir well to incorporate all the herbs into the creamy sauce.
Return the chicken breasts to the skillet, spooning the creamy sauce over the top. Let everything simmer together for an additional 3-4 minutes, allowing the chicken to soak up the flavors.
Taste the sauce and adjust seasoning with additional salt and pepper if necessary.
Notes
Serve on a bed of rice or pasta, garnished with fresh parsley.