Job Summary
The Venture Development Manager serves as a strategic architect and operator of ADNOCu2019s 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.
- 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
- Bacheloru2019s degree in Business, Technology, or related field advanced degree preferred.
- 8 yearsof experience in venture development, corporate innovation, strategy, or partnerships.
- Proven experience in business modeling, venture feasibility assessment, and gotomarket planning.
- Experience working in crossfunctional and matrixed enterprise environments.
- Exposure to retail, energy, mobility, or consumerfocused 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, problemu2011solving, and decisionu2011making capabilities.
- Strong stakeholder engagement and partnership management skills.
- Ability to translate strategic ideas into executable venture
