A Vela board session in a Dallas boardroom

Case Study Library

Rehearse the decision before it's real.

Twenty-eight real-world AI governance scenarios across every sector, built for public and private boards, each worked against the Compass. A manufacturer betting the company on AI services. An agent that traded $14.2M alone. A voice on a call that was never the CFO. Pick a board's worst Tuesday and sit in the seat.

Real boards. Real stakes. One framework.

The full case, scenario architecture, board materials, and facilitation notes, is shared with boards and partners on request.

Board
Sector
Board Case StudyManufacturing · Family-OwnedPrivate

The Last Parts Order

Forty years making custom parts. Now the OEMs want predictive services, not parts, and the CEO wants $12M to become a company they've never been. Three generations of family sit on the board. The vote is tonight.

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Board Case StudyPE-Backed SaaSPrivate

The Privilege on the Wire

Forty percent of their customers are law firms handling privileged data. Third-party AI, a private model, or a full on-prem build? And once data residency is solved, the harder question: who governs an agent acting autonomously inside a client's legal workflow?

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Board Case · HypotheticalBiotech · CAR-TPrivate

The Sequence No One Owns

The platform was built on open-science CRISPR research that belongs to the world. If the AI designs the breakthrough therapy, who owns it? Investors want defensible IP. Academics expect open publication. The next financing round is waiting on the answer.

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Board Case · Public & PrivateManufacturing · B2BPublic & Private

The Footnote on Page 11

The board approved the AI platform. What no one read was the footnote on page 11 of the vendor proposal, the one naming the restricted frontier model the whole product quietly runs on. Then access to that model changes.

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Role-Immersion · FailureCapital · Single-Family OfficePrivate

When the Agent Traded Alone

The portfolio AI executed $14.2M in sell orders over 73 minutes. Autonomously. Overnight. No one was notified. Realized loss: $2.1M. The CIO says it worked exactly as designed. You sit on the committee that approved it.

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Role-Immersion · Near-MissLegal · LitigationPrivate

The Question That Stopped the Agent

An AI agent drafted a client message that would have waived attorney-client privilege. It was complete, addressed, and ready to send. A human-review checkpoint the board insisted on caught it. Now the vendor wants more autonomy, and “routine” is the vendor's word.

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Board Case StudyPublic SaaS · EnterprisePublic

The Eight-K Clock

A customer-facing AI feature has been silently mis-stating contract terms for six weeks. Finance thinks it's material. Legal isn't sure it's an 8-K. The earnings call is in nine days, and the clock on a current-report filing may already be running.

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Role-Immersion · Live CrisisTreasury · Corporate FinancePublic & Private

The Voice on the Call

The CFO's voice authorized a $7.4M wire, on a video call, with her face on screen. Both were AI-generated. The payment cleared two hours ago. You're the director the treasury team reached first. What you decide in the next hour shapes everything that follows.

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Board Case StudyConsumer · Large EmployerPublic & Private

The Candidate Who Was Never Seen

An AI screening tool cut time-to-hire by 40%. Then a rejected applicant's lawyer sent a letter: the model systematically filtered out a protected class, and no human ever saw their file. HR loves the tool. The plaintiff has the data.

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Board Case StudyPublic Acquirer · M&APublic

The Diligence Black Box

The $640M acquisition closes Friday. The target's entire valuation rests on a proprietary AI model, and diligence couldn't see inside it. The CEO wants to sign. The model's training data, IP provenance, and a key vendor dependency are all unverified.

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Board Case StudyHealthcare · Provider SystemPublic & Private

The Second Opinion

The diagnostic AI flagged a scan as clear. The radiologist disagreed, overrode it, and was right. Now the data shows clinicians defer to the model 94% of the time, and the next override may go the other way. Who is accountable when the AI is usually right?

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Board Case StudyConsumer · Retail & TravelPublic

The Price That Set Itself

The pricing AI learned to maximize margin. It also learned to match competitors' moves within minutes, and a regulator now calls that tacit algorithmic collusion. No executive ever agreed to fix prices. The model figured out it pays to.

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Board Case StudyConsumer · Airline & TravelPublic

The Promise the Bot Made

A customer-service chatbot invented a refund policy that doesn't exist, and a tribunal ruled the company has to honor it. Now the same model has made thousands of promises no one has audited. What did the AI commit the company to while no one was reading?

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Board Case StudyFinancial · LendingPublic & Private

The Model That Redlined

The credit model approved more borrowers and cut defaults. Then a fair-lending exam found it declined a protected class at twice the rate, using ZIP code, shopping data, and signals that proxy for race. The model never saw race. It didn't have to.

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Board Case StudyMedia · TechnologyPublic

The Work It Learned From

The company's flagship AI product was trained on data it never licensed. A copyright suit seeks billions and an injunction that would pull the product. The model can't be untrained, and the whole roadmap is built on top of it.

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Role-Immersion · Near-MissTechnology · EnterprisePublic & Private

What the Model Remembered

An employee pasted a confidential deal memo into a public AI tool to "clean it up." Weeks later, fragments surface in another user's output. The data is now inside a model the company doesn't control, and it can't be recalled.

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Board Case StudyIndustrial · Autonomous SystemsPublic

The Mile Before the Stop

An autonomous system the company makes was involved in a fatal incident. The logs show the AI detected the hazard and braked, a second after a human would have. The technology is the company's entire future. The board meets tonight.

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Board Case StudyTechnology · PlatformPublic & Private

One Model, Every Product

Every AI feature the company ships runs on a single external model. Overnight, the provider changed its terms, raised prices 5×, and restricted a key capability. The company has no fallback. The roadmap, the margins, and the moat all depended on one vendor.

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Board Case StudyEnergy · UtilityPublic

The Load It Shed

The AI optimizing the grid for cost and carbon made a call no operator would have: it shed load in a way that cascaded into a regional outage. It hit every efficiency target it was given. Reliability wasn't one of them.

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Board Case StudyInsurance · ClaimsPublic

The Claim the Model Closed

The AI claims system denied or closed thousands of claims in seconds, too fast, a regulator says, to have meaningfully reviewed them. The loss ratio improved. Now "delay, deny, defend" has an algorithm's name on it, and the bad-faith suits are consolidating.

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Board Case StudyNonprofit · FoundationPrivate

The Grant the Algorithm Chose

To remove human bias, the foundation let an AI score and rank grant applicants. It funded measurably "higher-impact" organizations, and quietly defunded the smallest, community-led groups at the heart of the mission. The model optimized impact. It couldn't see purpose.

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Board Case StudyEducation · EdTechPrivate

The Eyes on the Exam

The AI proctoring tool flagged students for "suspicious" behavior, and flagged disabled students, students of color, and anyone with a noisy home far more often. Enrollment depends on remote exams. Trust depends on not surveilling kids unfairly.

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Board Case StudyGovTech · DefensePublic & Private

The Model That Couldn't Cross the Border

The company's AI model is now classified as dual-use. New export controls mean shipping it, or its weights, or even some research, to certain countries may be a crime. Half the customer base and much of the engineering team are on the wrong side of the line.

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Board Case StudyPropTech · Real AssetsPrivate

The Value the Model Set

The firm bought thousands of homes on an AI valuation model's numbers. The model was confidently, systematically wrong in a turning market, and the portfolio is underwater by nine figures. The investors were told the algorithm de-risked the strategy.

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Board Case StudyPharma · Drug DiscoveryPublic

The Trial the AI Designed

The AI designed the molecule, selected the trial cohort, and chose the endpoints. The results are strong enough to file. But the FDA wants to know how the model decided, and the company can't fully explain its own breakthrough.

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Board Case StudyPrivate Company · Sale ProcessPrivate

The Sell-Side Number

The CIM says AI drives 40% of revenue. The buyer's quality-of-earnings review says the model touches 40% of transactions and drives almost none of the margin. The board approved the deck. Diligence has nine days left.

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Board Case StudyOwner-Led · DistributionPrivate

What the Owner Deployed

The founder rolled an AI system across quoting, scheduling, and customer communication. It works. Margins are up four points. The board learned about it from a customer, eleven months in, and no one is sure they had the standing to be told.

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Board Case StudyESOP · Employee-OwnedPrivate

The Employees Who Own It

The AI proposal removes 60 roles and adds $4M to enterprise value. In an ESOP, the people losing the jobs are the shareholders gaining the value, and the board owes a fiduciary duty to both of them at once.

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What boards say

"I was on the edge of my seat. I wanted to know what would happen next in the case study."

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This helped me think through a whole other level of questions to be asking.

Board member

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I love the questions. You have made this part of our daily conversation.

Board member

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This model is all-encompassing, giving us a very disciplined common language and framework.

Board member

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