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                                           The Top 25 Consultants of 2008: David Shade of Huron Consulting Group                                       6 / 4 / 2008

E-Mail                                     If you’ve had a positive experience at a hospital lately, you might want
                                           to thank David Shade. Over the past nearly 40 years, Shade has
                                           worked with 50 percent of the U.S.’s largest healthcare systems.
                          Subscribe
                                           Shade’s route to consulting was a little unconventional. First he studied
                                           to get his MBA, and upon the program’s completion, received an
RANKINGS                                   unwelcome surprise: a draft notice. Shade spent three years in the
 » Best Firms to Work For 2009             military, from 1967 to 1970. “I was shocked when I got back. The whole
 » The Best Places to Stay, 2009           world had changed. And I was way behind. I had a lot of catching up to
                                           do.”
 » Seven Small Jewels 2009: The
 Hidden Gems of the Profession
                                           But Shade didn’t just catch up—he got ahead. He joined Ernst & Young
                          »   View all     in its healthcare division, where he made partner in 10 years. After 20
                                           years in the profession, he struck out on his own for a while. Then in
INTERVIEWS                                 2000, he and a few other colleagues created Wellspring Partners. With
 » One on One with Accenture's             Wellspring, Shade was able to have more control over the kind of
 David McCurley                            projects he and his colleagues took on.
 » Consulting One on One with
 Romil Bahl                                “We formed Wellspring,” he says, “because we wanted to operate
 » One on One with OMNI's Frank            differently with our clients. We wanted to have a firm that was focused
 Bernhard                                  totally on serving hospitals, and we wanted to have a very significant
 » Out of Office: Roz Savage               impact on their affairs, and we wanted to focus on implementing results.
                                           And in our prior times in the consulting business, we always studied things. We did a lot of studies, [but] we never
                          » View all
                                           had the opportunity to implement.”
CONSULTING MAGAZINE
UPCOMING EVENTS                            Then a little less than two years ago, Huron Consulting Group’s CEO Gary Holdren saw the value in Wellspring,
Consulting Firm Leadership                 and the firm subsequently joined the Huron ranks. Shade says he couldn’t be happier with Huron’s decision.
Roundtable 2010 - Chicago - May            “Huron has deeper pockets [and] access to capital [so] we can build resources faster, we can invest in more
4, 2010                                    senior people, and we can do this with confidence,” he says.

Consulting Summit - Adapting to            Shade says he spends about 80 percent of his time with clients, who he classifies in three groups. For those in
Market Realities - May 5, 2010             the first group, which Shade defines as being in crisis mode, “we basically come in and help them turn their
                           » View all      operation around. Those tend to be very challenging.”

                                           The other two groups are more proactive when they reach out to Shade’s team. There are those looking to
                                           improve performance, Shade says, and then there are the large hospital systems and academic medical centers
                                           looking to stay on top. “We’re focused on getting on the same page with the client, understanding what the issues
                                           are, putting together an implementation program and then working with them to see the results through to the
                                           end,” he says, regardless of which group a client falls into.

                                           Today, Shade says, Huron is focused on bringing in younger talent. “We have a lot of people who join us at
                                           Wellspring who are just like I was in 1970,” he says. “We’re making more and more opportunities here for younger
                                           people to join us, so that’s a good thing.”

                                           However, life is not all work and no play for Shade, who is an avid boater and wine and coin collector. Boating
                                           provides him ample time to spend with his family, he says.

                                           And though Shade has had a long and successful career, he says he has no plans to throw in the towel just yet.
                                           “This is not old hat after 30 years. It’s never been better. We’re excited, and we’re enthusiastic.”

                                                                                                                                              —Jacqueline Durett

                                                                                                                                     Copyright © 2008 Reprint Info
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http://www.consultingmag.com/article/ARTALPII752?C=UCYu6SwUvc8guZeq                                                                                                   3/26/2010

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Profile: David Shade of Huron Consulting Group (Consulting magazine)

  • 1. ConsultingMag.com Page 1 of 1 advertisement Friday, March 26, 201 Home Advertising Careers Subscribe Events Rankings Service Line Client Industry Columns adve » Home » Service Line » Strategy » David Shade of Huron Consulting Group The Top 25 Consultants of 2008: David Shade of Huron Consulting Group 6 / 4 / 2008 E-Mail If you’ve had a positive experience at a hospital lately, you might want to thank David Shade. Over the past nearly 40 years, Shade has worked with 50 percent of the U.S.’s largest healthcare systems. Subscribe Shade’s route to consulting was a little unconventional. First he studied to get his MBA, and upon the program’s completion, received an RANKINGS unwelcome surprise: a draft notice. Shade spent three years in the » Best Firms to Work For 2009 military, from 1967 to 1970. “I was shocked when I got back. The whole » The Best Places to Stay, 2009 world had changed. And I was way behind. I had a lot of catching up to do.” » Seven Small Jewels 2009: The Hidden Gems of the Profession But Shade didn’t just catch up—he got ahead. He joined Ernst & Young » View all in its healthcare division, where he made partner in 10 years. After 20 years in the profession, he struck out on his own for a while. Then in INTERVIEWS 2000, he and a few other colleagues created Wellspring Partners. With » One on One with Accenture's Wellspring, Shade was able to have more control over the kind of David McCurley projects he and his colleagues took on. » Consulting One on One with Romil Bahl “We formed Wellspring,” he says, “because we wanted to operate » One on One with OMNI's Frank differently with our clients. We wanted to have a firm that was focused Bernhard totally on serving hospitals, and we wanted to have a very significant » Out of Office: Roz Savage impact on their affairs, and we wanted to focus on implementing results. And in our prior times in the consulting business, we always studied things. We did a lot of studies, [but] we never » View all had the opportunity to implement.” CONSULTING MAGAZINE UPCOMING EVENTS Then a little less than two years ago, Huron Consulting Group’s CEO Gary Holdren saw the value in Wellspring, Consulting Firm Leadership and the firm subsequently joined the Huron ranks. Shade says he couldn’t be happier with Huron’s decision. Roundtable 2010 - Chicago - May “Huron has deeper pockets [and] access to capital [so] we can build resources faster, we can invest in more 4, 2010 senior people, and we can do this with confidence,” he says. Consulting Summit - Adapting to Shade says he spends about 80 percent of his time with clients, who he classifies in three groups. For those in Market Realities - May 5, 2010 the first group, which Shade defines as being in crisis mode, “we basically come in and help them turn their » View all operation around. Those tend to be very challenging.” The other two groups are more proactive when they reach out to Shade’s team. There are those looking to improve performance, Shade says, and then there are the large hospital systems and academic medical centers looking to stay on top. “We’re focused on getting on the same page with the client, understanding what the issues are, putting together an implementation program and then working with them to see the results through to the end,” he says, regardless of which group a client falls into. Today, Shade says, Huron is focused on bringing in younger talent. “We have a lot of people who join us at Wellspring who are just like I was in 1970,” he says. “We’re making more and more opportunities here for younger people to join us, so that’s a good thing.” However, life is not all work and no play for Shade, who is an avid boater and wine and coin collector. Boating provides him ample time to spend with his family, he says. And though Shade has had a long and successful career, he says he has no plans to throw in the towel just yet. “This is not old hat after 30 years. It’s never been better. We’re excited, and we’re enthusiastic.” —Jacqueline Durett Copyright © 2008 Reprint Info » Comment to the Editor » Email article to a friend » Related Articles Consulting magazine © 2010 BNA Subsidiaries, LLC Contact Us | Terms of Use | Reprints | Advertise | About Us | FAQ | Privacy Policy http://www.consultingmag.com/article/ARTALPII752?C=UCYu6SwUvc8guZeq 3/26/2010