Why Companies Need to "Onshore" to Ensure Sustainable Growth Entrepreneur Network Partner Ashley Crouch sits down with Sidney Wheatley, CIO of the Private Family Office to H.H. Sheikh Mohamed bin Salman bin Abdulla bin Hamad Al-Khalifa.

By Ashley Crouch

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Facing two major disruptions — first the pandemic, and then the circumstances surrounding the war in Ukraine — revealed the vulnerabilities in the global supply chain, especially in the Middle East.

Countries that rely upon imported goods and services must shift course quickly or face impending disruption, shortages, or worse, according to Sidney Wheatley, CIO of a Private Family Office based out of the UAE, a region that relies heavily upon importation. He is at the forefront of a movement to "onshore" commodities and build flat teams that are removed from hierarchical structures.

Wheatley's central philosophy revolves around a countercultural idea: rather than investing outside of the country, they decided onshore several industry verticals to ensure self-sufficiency in the years ahead.

Ashley Crouch

Entrepreneur Leadership Network® Contributor

Executive Brand Strategist, Bestselling Author, Investor

Ashley Crouch is an executive brand strategist for companies seeking high-end media placements across television, national outlets, TEDx and top podcasts. She is the host of Prowess Podcast and a bestselling author of Unknown to Unforgettable.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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