If they were smart, they would do that. They'd go back to an episodic format, get the best living Trek writers, and make a show that fans can love and rally around. But they're not smart, so no, they won't and if they did it would be more of the same, rambling incoherent "arcs", cardboard characters, endless canon violations, bad science, junk action and lame melodrama. So better that they don't. But hey, they gave us 2 minutes of legit ST. That's a lot for these people.
The only episodic Star Trek you're going to get is probably in the animated series being made. What I'd do is have a serialised Star Trek series set a hundred years or so after TNG that isn't reliant on TOS to prop itself up. It would have a group of well developed core characters and not be any one particular character's "story" and be about exploring strange new worlds, encountering new life and weird space phenomenon like Star Trek is supposed to be and not red angle crap every episode.