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Whats the difference?
Pros and cons OP?
Corp dev - M&A. Strategy - a bit of a mixed bag, focused on overall direction of the firm
The power is in the P&L long term. If you want long term, corp dev and corp strategy are not the place.
Generally competitive to get into, and are lean teams with not much upward mobility. Also, when times get tight, you are an expensive cost center and can easily be laid off.
I’ve transitioned myself to value creation as corp dev and strategy is kind of dead rn.