Financial Times and Goldman Sachs Business Book of the Year Award

Shortlist announced 20 September 2005
Award ceremony  21 November 2005

The shortlist for the inaugural Financial Times Goldman Sachs Business Book of the Year Award (www.ft.com/bookaward) will be announced on Tuesday 20th September 2005 at a breakfast reception at the London office of the Financial Times.

The new Award will highlight the business book that, in the opinion of the judges, provides the most compelling and enjoyable insight into modern business issues.

The award - the only major international prize for business books - has attracted entries from across the publishing spectrum including recent works on management strategy, globalisation, economics, financial scandal and corporate governance.

Andrew Hill, Financial Editor of the Financial Times and a member of the management panel for the Award, said:

'The aim of this unique prize is to give those with an interest in business an annual guide to unmissable business books.  Amid the huge number of business books published around the world every year, a small number stand out for their originality of thought, quality of writing and accessibility of content.  Particular emphasis will be placed on the book's global resonance, its longevity in terms of its philosophy, whether it effectively sets the context for its ideas, as well as whether it is an enjoyable and educational reading experience.  These are the books that quickly become a must read for anyone who's serious about business.'

The winning author will receive ?30,000, and the shortlisted authors will each receive ?5,000.
The judging panel comprises:
Lloyd C. Blankfein, President and Chief Operating Officer, The Goldman Sachs Group, Inc
John Gapper, Chief Business Commentator and Associate Editor, Financial Times
Jeffrey Garten, Juan Trippe Professor of International Trade, Finance and Business, Yale School of Management
Andrew Gowers, Editor, Financial Times
Rachel Lomax, Deputy Governor for Monetary Policy, Bank of England
N.R. Narayana Murthy, Chairman and Chief mentor, Infosys Technologies
Sir Martin Sorrell, Chief Executive, WPP

The judges will meet in New York in September to decide on the shortlist. The overall winner will be announced at a gala event in London on 21st November.

Notes to Editors:

1. The Financial Times and Goldman Sachs Business Book of the Year Award is open to business books first published in the English language, or in translation, between 31st October 2004 and 1st November 2005. 

2. A shortlist of up to six titles will be announced on 20th September and the overall winner will be announced on 21st November 2005.

3. Andrew Hill, Financial Editor of the Financial Times and administrator of the Award is available for comment.

4. The Financial Times Group, one of the world's leading business information companies, provides a broad range of business information and services to a growing audience of internationally minded business people.  It includes the Financial Times, one of the world's leading business newspapers, FT.com and a pan-European network of national business newspapers and online services including Les Echos and FT Deutschland, FT Interactive Data, Investors Chronicle, The Banker, Money Management and Financial Adviser.  It also has a number of joint ventures including FTSE International with the London Stock Exchange.  For further information about the Financial Times contact: Katy Hemmings tel: 00 44 207 873 3811 email: katy.hemmings@ft.com.

5. Goldman Sachs is a global investment banking, securities and investment management firm.  It provides a wide range of services to a substantial and diversified client base that includes corporations, institutional investors, governments, non-profit organizations and individuals.  Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders.  The business principles are rooted in integrity, a commitment to excellence, innovation and teamwork.  These values enable the firm to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for its shareholders.  For further information about Goldman Sachs contact: Simon Eaton: tel 00 44 207 774 4102 email: simon.eaton@gs.com

For further information about the Award, please contact

Ben Tisdall       tel 00 44 207 590 0803 ben@midaspr.co.uk
Margot Weale     tel 00 44 207 590 0804      margot@midaspr.co.uk