Business Book of the Year to recognise "promising young writer"

21.05.14 | Sarah Shaffi - The Bookseller

The Business Book of the Year Award is open for submissions and will for the first time include a new prize for a promising young writer with the best proposal for a book about an emerging business theme.

The 10th annual Business Book of the Year Award highlights ground-breaking books which explore important business and economic issues.
The award, this year run in partnership with McKinsey & Company, is given to the book that the judges agree provides “the most compelling and enjoyable insight into modern business issues, including management, finance and economics”.

The winner will receive a £30,000 prize , and shortlisted authors will receive £10,000 each.
This year a new award, the Bracken Bower Prize, has also been launched.
It is named after Brendan Bracken, chairman of the FT from 1945 to 1958, and Marvin Bower, managing director of McKinsey from 1950 to 1967, and “honours their legacy but also opens a new chapter by encouraging young writers and researchers to identify and analyse the business trends of the future”.

The winner of the inaugural award will receive £15,000 and their proposal will be published on FT.com.
The judging panel for the Bracken Bower Prize includes Penguin Random House UK chair Dame Gail Rebuck.
A shortlist for the Business Book of the Year Award will be announced in New York on 24th September, and the winners of both prizes will be announced at an award dinner in London on 11th November 2014.
Last year’s winner was The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone (Bantam Press).