Corporate development
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Often confused with "Business Development", the Corporate Development position within an organization is not a commission based strategic sales role. Corporate Development professionals typically serve the executive management of large corporations, conglomerates and private equity funds through strategic planning advisory and M&A deal execution.
The position is best described as a combination of management consulting and investment banking from a functional perspective.
Projects that corporate development groups may take on are also similar to consulting and banking. For example, if a company is looking towards non-organic growth expansion, the corporate development group may be asked to evaluate potential target companies. The acquisition of small or private companies by a large corporation is usually not conducted with the assistance of investment bankers, but executed by the corporate development team themselves.
[edit] Corporate Development
Some notable large corporations with active Corporate Development teams include:
