Begin by heating the olive oil in a large skillet over medium heat.
Season the chicken breasts on both sides with garlic powder, onion powder, thyme, salt, and pepper.
Place the chicken breasts in the skillet and cook for 5-7 minutes on each side until they are golden brown and cooked through. The internal temperature should reach 165°F.
In a separate bowl, combine the cranberry sauce and chicken broth.
Once the chicken is cooked, pour the cranberry sauce mixture over the chicken in the skillet.
Reduce the heat to low, cover the skillet, and let it simmer for about 10 minutes to allow the flavors to meld.
After 10 minutes, remove the cover, stir the sauce, and cook for an additional 2-3 minutes, until slightly thickened.
Serve the chicken hot, drizzled with the cranberry sauce, and enjoy!