Quality of growth is a process led by competitive production transformation and collective capabilities development that results in the creation of inclusive prosperity, enhancing human dignity, quality jobs, and sustainable structural change over time.

Sustainability is both a practical and long-term approach to organizational management that integrates environmental policy frameworks within it. In some respects, a focus on sustainability is an effort to correct modern management’s errors, steering it away from the abstract realm of financial manipulation and back to the concrete world of physical resources and constraints, which had traditionally been at the forefront of management’s concern on growth.

The principles of sustainability are built on an understanding of human dependence on nature for our well-being. Nature is not protected for its own sake, but for ours; this is a key difference between environmentalists and sustainability practitioners. Taking a cue from the current climate change crisis, physical dimensions of sustainability can no longer be ignored or taken for granted.The ethics and ideas of sustainability stewardship can help us manage our local or global economy well to ensure long-term growth and secure a sustainable material future. We must also remain alive to the ongoing need to have public policies that encourage the collaborative co-creation of knowledge for public and private support, ownership, management, and innovation and accelerate the transition to a sustainable economy during our lifetime.