EXECUTION COMPLETE
Board-Level Strategic Decision Under Irreversible Risk
Analysis of strategic fork: Spinning off AI division vs. Internal integration.
Role
CEO of mid-size aerospace & AI company
Situation
A strategic fork with long-term, irreversible consequences. Decision
must be defensible to board, regulators, and history.
Problem Statement
"We are considering spinning off our AI division into a separate legal entity to accelerate growth and attract external capital."
- Core aerospace business highly regulated
- IP entanglement risk is high
- Timing sensitive (upcoming certifications)
- Irreversible within 24–36 months
00 // Documents Provided
Board Strategy Memo (PDF)
Regulatory Exposure (MD)
AI Division Financials
IP Dependency Map
CEO Risk Posture
01 // Decision Topology (Map, Not Verdict)
Path A: Spin-off before certification
High Risk, High Velocity
BECOMES IRREVERSIBLE
IP ownership transfer; Regulatory classification of new entity.
REMAINS RECOVERABLE
Capital allocation; Hiring policy.
Path B: Spin-off after certification
Medium Risk, Low Velocity
BECOMES IRREVERSIBLE
Market timing window (competitor entry).
REMAINS RECOVERABLE
Unified corporate structure; IP integrity.
Path C: Internal firewall (no spin-off)
BECOMES IRREVERSIBLE
Inability to raise pure-play AI capital.
REMAINS RECOVERABLE
Full regulatory compliance control.
Path D: Kill AI division
Total cessation of risk exposure. Loss of strategic optionality.
02 // Risk Surface
| Category | Observed Risk | Trigger |
|---|---|---|
| Regulatory | Certification delay | Legal entity split |
| IP | Cross-licensing deadlock | Investor demands |
| Capital | Valuation mismatch | Market timing |
| Control | Board fragmentation | External funding |
03 // Assumptions Audit
Management Assumptions
- Regulators will view the spin-off as a "clean break" rather than evasion.
- Existing aerospace engineers will seamlessly transition to the new entity.
Investor Assumptions
- The AI division's IP is fully separable from the aerospace core.
- Valuation multiple will immediately re-rate to SaaS levels.
Unsupported by Evidence
- That certification timelines are independent of corporate structure changes.
- That cross-licensing will satisfy DoT export controls.
04 // Unknowns That Matter
Not “nice to know” — decision-critical unknowns only.
?
Detailed regulatory response timeline for entity splits (precedent
analysis required).
?
Precise cost of decoupling shared IT/Data infrastructure (IP
dependency resolution).
05 // Decision Readiness Score
0.63/1.00
Blocking Unknowns
- [ ] Regulatory response timing
- [ ] IP separation cost
06 // Council Closing Statement
“This decision is not blocked by lack of intelligence, but by unresolved structural risk.
Proceeding converts uncertainty into permanent constraint.”