Strategy
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Evolving Your Corporate Development Function
How do you start building your corp dev function from scratch? Where would you start when you are the very first person in your department?

Michael Palumbo, Director of Corporate Development at Halo Branded Solutions

“If you don't have it organized where everybody can see what everybody is working on, people are just talking past each other, they’re not on the same page. It’s a horrible trap to get caught in, not having that inner communication.” - Michael Palumbo

In this episode of M&A Science, Kison interviews Michael Palumbo, Director of Corporate Development at Halo Branded Solutions, about how to evolve your corporate development function. Together they discuss how Halo did deals previously, how to interact with different teams, and what the biggest challenge is when adapting to changes. Michael gives tips on establishing credibility and how Kison's book, Agile M&A, can be used to help add value to your business.

Additionally, they talk about how various tools can be critical to your company's success. Project management tools specifically help and contribute to the transparency and transfer of knowledge between teams. Michael makes the point that not having transparent inner communication can be a bad trap to fall into, as that can cause miscommunication across multiple functions.

Michael Palumbo

He is a corporate development and M&A professional with more than nine years of exposure to the finance, operations and executive leadership departments of middle-market companies.

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