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

中文翻译：

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增长悖论、可持续发展和商业战略

经济增长是一把双刃剑。不断扩张的经济和工业创造了财富和就业机会，但全球经济扩张正在对重要的行星系统产生前所未有的有害影响。尽管如此，所有经济体和许多企业的核心战略目标仍然是追求持续的经济增长。为了解决这个悖论，提出了对公司级增长的重新概念化。我描述和讨论了增长悖论的组织特征，并在此之后对经济、组织和生态增长的观点进行了元理论回顾。从这次审查中，开发了一种公司级战略类型学，从根本​​上将业务增长重新定义为主要与社会生态繁荣相关的发展活动。根据分析中出现的三个原则讨论了这种类型学的特征及其对业务战略的影响：多灵性、设计的弹性思维和包容性平衡（嵌入性）。这些战略原则共同构成了制定、实施和评估可持续业务战略所需的必备管理能力。如果要实现组织增长的持续形式，就需要在公司层面对增长悖论做出变革性的反应，本文提出了一个新的整合框架来为这些战略提供信息。这些战略原则构成了制定、实施和评估可持续商业战略所需的先决管理能力。如果要实现组织增长的持续形式，就需要在公司层面对增长悖论做出变革性的反应，本文提出了一个新的整合框架来为这些战略提供信息。这些战略原则构成了制定、实施和评估可持续商业战略所需的先决管理能力。如果要实现组织增长的持续形式，就需要在公司层面对增长悖论做出变革性的反应，本文提出了一个新的整合框架来为这些战略提供信息。