George Isaac, a prior Deloitte Consulting partner, has 30 years of public and privately held business experience as a family business CEO, board member, consultant and executive coach. He has served on 14 boards of public and private companies ranging in size from $30 million to $1 billion. His firm, George Isaac Consulting, advises private company and family business clients on succession planning, governance, family dynamics, operating performance and business wealth realization. Isaac is a member of the CNBC-YPO Chief Executive Network.
Private firms don't face activist shareholders' wrath, but that's not a good thing. It can lead to laziness and wipe out company wealth.