The "Kobayashi Maru" is a training simulation that has its roots in the Star Trek series notable for its defining characteristic as a no-win scenario with no "correct" resolution and where the solution actually involves redefining the problem. Drawing upon these characteristics, we designed a board meeting simulation for an experiential course in nonprofit governance, which places students in a high-stakes decision-making situation closely modeled on real events. To do so, we uniquely integrated principles from acting literature with theory and research in training and development. The Kobayashi Maru Meeting is a simulation with high physical and psychological fidelity--that is, one that closely resembles the "look and feel" of real-world board governance. The topics are deliberately sensitive to personal, organizational, and societal values to create high engagement and deep learning and to highlight the importance of good governance for organizational leadership. Results from multisource, multimethod data suggest that the simulation enhanced students' decision making, critical thinking, and communication skills, as well as their ability to deal with their own and others' reactions in intense circumstances. Beyond board governance, the simulation creates an authentic learning experience that can be adapted to multiple learning contexts including leadership, ethics, decision making, and communication.