Venture Development Manager

Role Overview

Venture Development Manager at ADNOC, serving as a strategic architect and operator of the company's next-generation ventures.

Role Purpose

Identify transformative opportunities, validate market-backed solutions, and lead high-impact ventures from concept to commercial scale while navigating ambiguity and achieving deep stakeholder alignment.

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 including Lean Startup and Design Thinking.
• Ensure structured and scalable venture delivery.

Qualifications & Experience

• 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.

Skills & Competencies

• 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.

Additional Information

Tools & Technologies

• Innovation Frameworks: Lean Startup, Design Thinking.
• Project Management: Agile tools, Asana, Microsoft Teams.
• Business Modeling: Financial modeling tools, analytics platforms.

Key Performance Indicators

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