Venture Development Manager

Job summary

The Venture Development Manager serves as a strategic architect and operator of ADNOC’s next-generation ventures. This role is responsible for identifying transformative opportunities, validating market-backed solutions, and leading high-impact ventures from concept to commercial scale. The position demands comfort with ambiguity, deep stakeholder alignment, and excellence in structured venture building.

Key responsibilities

Venture identification & validation

• Define and validate 4-8 high-potential venture concepts.
• Conduct market research and feasibility assessments.

Venture building & delivery

• Deliver at least 3 MVPs with early commercial traction.
• Establish governance, reporting, and agile venture delivery processes.
• Lead cross-functional teams to execute venture projects.

Stakeholder alignment & collaboration

• Secure alignment with senior stakeholders.
• Enable and coordinate cross-functional collaboration.

Innovation governance

• Implement innovation frameworks (Lean Startup, Design Thinking).
• Ensure structured and scalable venture delivery.

Tools and technologies

Innovation frameworks: Lean Startup, Design Thinking
Project management: Agile tools, Asana, Microsoft Teams
Business modeling: Financial modeling tools, analytics platforms

Key performance indicators (KPIs)

• Number of validated venture concepts
• Number of MVPs launched with commercial traction
• Stakeholder alignment and satisfaction
• Efficiency of venture delivery processes

Minimum requirements

• Bachelor’s degree in Business, Technology, or related field; advanced degree preferred.
• 8 years of experience in venture development, corporate innovation, strategy, or partnerships.
• Proven experience in business modeling, venture feasibility assessment, and go-to-market planning.
• Experience working in cross-functional and matrixed enterprise environments.
• Exposure to retail, energy, mobility, or consumer-focused industries is an advantage.
• Familiarity with agile methodologies, design thinking, and innovation frameworks.
• Strong business acumen and commercial evaluation skills.
• Solid understanding of startup ecosystems, venture building, and innovation frameworks.
• Excellent analytical, problem-solving, and decision-making capabilities.
• Strong stakeholder engagement and partnership management skills.
• Ability to translate strategic ideas into executable ventures.