Inova Health Accelerator

Product Savvy Consulting, LLC provides product management support within a health system.

THE REVIEWER

Director, Inova Personalized Health Accelerator


Name: Rick Gordon


THE PROJECT

Various Product Management for Corporate Venture Fund


THE REVIEW

“They’re incredibly good at teaching strategies that develop human capital, budget, and financial models.”


Project summary:

Product Savvy Consulting, LLC provides product management support within a health system. They manage disciplines and training, determine appropriate software features, and help build prototypes.


Feedback summary:

Product Savvy is trustworthy and their work is completely satisfactory. They shepherd each product until it can be managed in-house, then assist with team transitions. They are communicative and hands-on.


BACKGROUND

Introduce your business and what you do there.

I'm an investor with the Inova health system. We run a corporate venture fund.


OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Product Savvy Consulting?

We needed an expert product manager to train seed-stage entrepreneurs.


SOLUTION

What was the scope of their involvement?

Part of our commitment to driving innovation in health technology in the region includes bringing new products to market. Product Savvy are our go-to company for product management training. They provide good outsource capabilities and engage directly with entrepreneurs. They help define minimum viable products for software, get customer feedback on appropriate features, and develop an agile development process to build prototypes. They’re incredibly good at teaching strategies that develop human capital, budget, and financial models.


What is the team composition?

We work directly with Jonathan (CEO & Founder, Product Savvy Consulting).


How did you come to work with Product Savvy Consulting?

They reached out to us when we were making investments and recruiting. I’ve worked with a generation of early-stage entrepreneurs who don’t always understand the discipline, especially in software. Product Savvy has significant experience in product management, which is rare in the Mid-Atlantic region.


What is the status of this engagement?

We started working together in October 2017. We've made three investments in seed-stage companies and work is ongoing.


RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

We are 100% satisfied with the work they provide.


How did Product Savvy Consulting perform from a project management standpoint?

Jonathan is really good at project management and everyone is happy to work with him. He provides a hands-on approach and we communicate mostly by phone.


What did you find most impressive about them?

A lot of other service providers try to lock in their client base. Product Savvy provides product management and development discipline until there is a prototype and enough capital to bring those disciplines in-house. They’re structured to be temporary and manage those transitions very smoothly.


Do you have any advice for potential customers?

Trust them. They’re very good and have their clients’ best interests at heart.