As globalization is no longer optional for organizations and offers great opportunities that may be unrecoverable if not capitalized on now, how do we best align/globalize with other organizations? I agree that being effective through expanded markets, increased resources, lower costs and greater capital leads to global success. Also, being flexible and keeping up with technological advancements are necessities to achieving capitalization on this contemporary challenge.
However, I feel at the heart of any organization should be why they do what they do. It is from why, to how an organization does things (like effectiveness) that best capitalizes in a globalizing business world. In other words, why an organization does something will impact organizations effectiveness more than anything else. Conversely, being effective is not necessarily why organizations exist. A great video you may have seen on this topic is an old TED talk by Simon Sinek (https://youtu.be/sioZd3AxmnE). I feel this best describes why aligning the “why” of organizations while working together has the best opportunity to capitalize now in a globalized business world.