Sr. Manager, Strategy & Product Innovation, ADP Ventures Labs

ADP•New York, NY

1d•Hybrid

About The Position

ADP is hiring a Sr. Manager, Strategy & Product Innovation at our ADP Ventures Lab. This role is hybrid onsite 3 days a week in NY, NY. ADP Ventures Labs is ADP’s internal innovation incubator, focused on identifying, shaping, and building new product opportunities in partnership with ADP’s Business Units. We operate at the intersection of strategy, product innovation, and technical experimentation, incubating ideas that have the potential to drive the next wave of growth for ADP. Our mission is to transform strategic opportunities into scalable, market-ready solutions by combining rigorous strategic evaluation with hands-on product development. Role Summary We are seeking a highly strategic and product-oriented Sr. Manager, Strategy & Business Development to join ADP Ventures Labs. This role will serve as a strategic thought partner to Product Directors and Business Unit leaders, helping shape the future direction of both existing product portfolios and new venture opportunities. The Director will lead rigorous strategic planning efforts, evaluate growth pathways, and develop actionable multi-year roadmaps that strengthen competitive positioning and unlock new revenue streams. In parallel, this individual will identify, assess, and incubate high-potential product concepts in partnership with Business Units — building investment cases, defining product vision, and supporting commercialization strategies. Operating across strategic planning, venture incubation, and commercialization, this role requires strong financial acumen, product fluency, executive presence, and the ability to translate ambiguity into clear, scalable action plans.

Requirements

8+ years of experience in strategy consulting, corporate strategy, product strategy, venture building, or innovation roles
Strong track record of developing business cases and financial models for new products or investments
Demonstrated experience shaping product vision and working closely with technical teams
Ability to move from conceptual strategy to practical execution
Executive-level communication and storytelling skills
Strong analytical and structured thinking capabilities
Comfort engaging in technical discussions and understanding product architecture
Experience in SaaS, HR Tech, FinTech, or platform businesses strongly preferred
Strategic thinker who can assess ambiguous opportunities with rigor
Builder mindset with bias toward action
Product-oriented, not just analytical
Comfortable operating in ambiguity and early-stage environments
Strong financial acumen and modeling capability
Executive presence with the ability to influence senior stakeholders

Nice To Haves

Experience in Blockchain / Crypto ecosystem is a plus
MBA or advanced degree preferred

Responsibilities

VENTURE OPPORTUNITY IDENTIFICATION & EVALUATION
Identify and frame new product opportunities in partnership with ADP Business Units
Conduct structured market assessments, competitive analyses, and strategic fit evaluations
Develop clear incubation recommendations
Build robust financial models (ROI, revenue potential, cost structures, scenario modeling)
Present go/no-go recommendations to senior leadership
Potentially lead opportunity to execution and scale
STRATEGIC PLANNING FOR EXISTING PRODUCT PORTFOLIOS
Partner closely with Product Directors to evaluate long-term growth opportunities and competitive positioning of existing products
Develop strategic roadmaps grounded in market dynamics, customer needs, and platform evolution
Identify adjacencies, expansion opportunities, and monetization levers
Conduct build / buy / partner analyses to inform strategic choices
Translate strategy into clear, actionable plans aligned with product and technology roadmaps
Support executive-level strategy reviews and portfolio prioritization discussions
BUSINESS DEVELOPMENT & COMMERCIALIZATION
Develop and execute commercialization strategies for incubated products in partnership with Business Units
Define target customer segments, pricing models, and go-to-market approaches
Partner with Sales, Marketing, and BU leaders to drive early customer acquisition and revenue generation
Identify and secure lighthouse clients and pilot opportunities to validate product-market fit
Build revenue forecasts and track performance against commercialization milestones
Refine value propositions based on market feedback and sales insights
Support scaling strategy as products transition from incubation to broader deployment
LABS STRATEGY & EXECUTIVE ENGAGEMENT
Support overall Ventures Labs strategy, roadmap, and prioritization framework
Prepare executive-level readouts, strategic narratives, and board-ready materials
Drive cross-functional alignment across Business Units, Product, Finance, Legal, Security, and Technology
Contribute to long-term growth strategy and portfolio management for the Labs