Political Risk

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
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…
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
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…
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