Why Your Due Diligence Might Be Setting You Up to Fail

Why Your Due Diligence Might Be Setting You Up to Fail

Pholus Advisory | 06/11/2025 | 12:36
Investors and corporate strategists treat due diligence as a shield against unpleasant surprises. Yet many reviews rely on static checklists and desk research that overlook shifting power structures, informal networks, and on-the-ground realities. When those blind spots collide with complex environments, deals stall, assets underperform, and reputations suffer. A stronger…
Document, Verify, Defer: The Immediate Steps When Authority Is in Question

Document, Verify, Defer: The Immediate Steps When Authority Is in Question

Pholus Advisory | 06/09/2025 | 12:28
In fragile markets or politically sensitive environments, the lines of authority can shift overnight. Permits are issued and revoked. New actors claim control. Field staff receive conflicting orders. In these moments, acting too quickly—or too confidently—can trigger legal exposure, political backlash, or reputational damage. A deliberate pause, not a rushed…
The Early Warning Test: When Civil Unrest Signals a Coming Insurgency

The Early Warning Test: When Civil Unrest Signals a Coming Insurgency

Pholus Advisory | 05/24/2025 | 16:09
Not all civil unrest leads to insurgency. But all insurgencies begin with unrest that was either ignored, misread, or dismissed as temporary noise. For organizations operating in fragile environments—especially those with field teams, strategic assets, or donor-backed infrastructure—the ability to distinguish between episodic protest and pre-insurgency conditions is a governance…
How to Spot the Early Signs of Local Ad Agency Drift

How to Spot the Early Signs of Local Ad Agency Drift

Pholus Advisory | 05/16/2025 | 14:54
In emerging or unfamiliar markets, many international organizations turn to local advertising agencies to execute outreach, mobilization, or visibility campaigns. When the partnership functions well, it delivers cultural resonance, logistical efficiency, and measurable impact. But over time, even the most promising local agency relationships can experience drift—subtle shifts in focus,…
Want to Know Who’s in Charge? Follow the Ad Approvals, Not the Org Chart

Want to Know Who’s in Charge? Follow the Ad Approvals, Not the Org Chart

Pholus Advisory | 05/09/2025 | 04:53
Titles, reporting lines, and organizational charts often paint a clean picture of governance. But in complex or fragile markets, these formal structures rarely reflect operational reality. Power flows along lines of trust, control, and narrative—not just hierarchy. Nowhere is this clearer than in the advertising and communications process. If you…
Project Contaminated? Here’s How to Wind Down, Isolate, or Divest

Project Contaminated? Here’s How to Wind Down, Isolate, or Divest

Pholus Advisory | 05/01/2025 | 15:42
When a project becomes reputationally, politically, or ethically compromised, leadership faces a critical decision: stay, fix, or exit. In fragile markets, even the appearance of contamination—from allegations, internal misconduct, or partner exposure—can be destabilizing. If left unmanaged, it spreads beyond the project itself, infecting donor confidence, staff morale, and organizational…
Does Your Project Have Hidden Ties to Organized Crime? Here’s What to Look For

Does Your Project Have Hidden Ties to Organized Crime? Here’s What to Look For

Pholus Advisory | 04/11/2025 | 09:13
In high-risk regions, development projects, corporate investments, and even humanitarian operations can unknowingly intersect with organized crime. These links may be indirect, buried in supply chains, local subcontracting, or political patronage networks. Whether you’re deploying capital or delivering aid, exposure to organized crime presents not only a legal risk but…
How to Respond When a Team Member Redirects Client Money Without Authorization

How to Respond When a Team Member Redirects Client Money Without Authorization

Pholus Advisory | 03/29/2025 | 01:16
Unauthorized redirection of client funds is not just a breach of protocol. It’s a threat to the credibility of your operation. Whether the act was malicious, opportunistic, or a result of unclear systems, your response must prioritize containment, trust repair, and legal exposure management. Especially in fragile or cross-border environments,…
How to Spot Founders Who Only Pretend to Align with Donor Priorities

How to Spot Founders Who Only Pretend to Align with Donor Priorities

Pholus Advisory | 02/16/2025 | 03:53
Donor priorities—whether tied to governance, inclusion, sustainability, or transparency—are not just ideals. They shape how funding is allocated, how outcomes are measured, and how partnerships are judged. Yet in many settings, especially in fragile or transitional environments, some founders learn to mimic these priorities without embracing them. They speak the…
Unchecked Founder Panic Can Turn a Manageable Crisis Into a Meltdown

Unchecked Founder Panic Can Turn a Manageable Crisis Into a Meltdown

Pholus Advisory | 01/17/2025 | 07:59
Crisis is inevitable in frontier markets and fragile economies. Supply chains break, political winds shift, funding cycles stall, and key personnel exit. For founders, these pressures can trigger more than strategic challenges: they can provoke emotional responses that ripple outward. A crisis doesn’t need to derail a project, but when…
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