This course builds on First-Year Strategy to focus on multi-business firms and expands beyond the classical strategy concepts (i.e., capabilities analysis or five forces) to understand how firms can best optimize their scope, develop new business models, and leverage existing resources. The course is for anyone interested in managing, investing, financing, or advising a company that operates in multiple markets. As modern firms span many geographies and categories, this course is for anyone interested in developing new strategies and effectively running a business today - big or small.