The growth paradox, sustainable development, and business strategy

Economic growth is a two-edged sword. Expanding economies and industries create wealth employment, but global economic expansion having unprecedented deleterious impacts on vital planetary systems. Despite this, the core strategic goal of all many businesses continues to be pursuit ongoing growth. To resolve this paradox, reconceptualization firm-level presented. I describe discuss organizational characteristics paradox follow with metatheoretical review economic, organizational, ecological perspectives From review, typology strategy developed that radically reconceptualizes business as developmental activity primarily concerned social–ecological flourishing. The features its implications for are discussed according three principles emerged from analysis: multidexterity, resilience thinking design, inclusive balance (embeddedness). Together, these form prerequisite management competencies needed development, implementation, evaluation sustainable strategies. Transformative responses if sustaining forms achieved paper presents novel integrative framework informing those