Financial Times and Goldman Sachs launch Business Book of the Year Award 2006

The Financial Times and Goldman Sachs are this week announcing the launch of the Business Book of the Year Award 2006. This follows the success of last year's inaugural Award.

The Award is designed to highlight the business book that provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics. Entries are invited from publishers of business books in the English language, that are first published between 31st October 2005 and 1st November 2006. The deadline for entries is 30th June 2006 and the entry form is available online at www.ft.com/bookaward.

The 2005 Award was presented at a gala dinner in London, with guest speaker the Rt Hon Gordon Brown MP, Chancellor of The Exchequer. Over 200 senior executives from the publishing and business communities attended the event, seeing Thomas Friedman crowned 2005 winner, for The World Is Flat, which has seen a significant rise in sales following the Award win.

The judging panel will select a shortlist of up to six authors, which will be announced in September 2006. The overall winner will be announced at a gala event in New York in October.

As per last year, the judging panel comprises:

  • Lionel Barber, editor, Financial Times
  • 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
  • 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 winner will be awarded £30,000, and each of the remaining shortlisted authors will receive £5,000.

Lionel Barber, editor of the Financial Times, said: "Last year's award prompted tremendous interest from the international publishing community and proved to be a big hit with FT readers. The award is now a permanent fixture in the publishing calendar, reflecting the growing appetite for books which capture the excitement of the business world."

Lloyd C. Blankfein, president and chief operating officer, The Goldman Sachs Group, Inc, said: "We're looking forward to building on the success of last year's award. Given the enthusiasm we've already seen, 2006 should set a new benchmark for the number of entries submitted.  The judges are looking forward to a book-filled summer and the challenge of deciding which deserves the accolade of Business Book of the Year."

For further information please contact:

UK: Ben Tisdall/Margot Weale, Midas PR: +44 (0) 207 584 7474/ +44 (0)7785 942 685
ben@midaspr.co.uk

Katy Hemmings, Financial Times: +44 (0) 207 010 2307/+44 (0)7957 114 837
katy.hemmings@pearson.com

US: Barbara Henricks, Goldberg McDuffie Communications: +1 512 301 8936 bhenricks@goldbergmcduffie.com

Peter Rose, Goldman Sachs: +1 212 902 3144
Peter.rose@gs.com

Notes to editors

Entry forms and details of the Terms and Conditions are available from www.ft.com/bookaward. This annual Award aims to identify the book that provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics. A shortlist of up to 6 titles will be announced in September, and the winner will be announced at a gala event in New York in October 2006. Submissions are invited from publishers or bona fide imprints based in any country.

Eligibility

Books must be published for the first time in the English language, or in English translation, between 31st October 2005 and 1st November 2006. There is no limit to the number of submissions from each publisher/imprint, provided they fit the criteria, and books from all genres except anthologies are eligible. There are no restrictions of gender, age or nationality of authors. Authors who are current employees of the Financial Times or Goldman Sachs, or the close relatives of such employees, are not eligible.

Last year's winning title was:

Thomas Friedman 
THE WORLD IS FLAT: A Brief History of the Globalized World in the 21st Century
Published by Allen Lane in the UK and Farrar, Strauss & Giroux in the US.

The five runners up were:

John Battelle 
THE SEARCH: How Google and Its Rivals Rewrote the Rules of Business and Transformed Our Culture
Published by Nicolas Brealey in the UK and by Portfolio in the US

Steven D Levitt and Stephen J Dubner  
FREAKONOMICS: A Rogue Economist Explores the Hidden Side of Everything        
Published by Allen Lane in the UK and by William Morrow in the US

Constantinos C Markides and Paul A Geroski
FAST SECOND: How Smart Companies Bypass Radical Innovation to Enter and Dominate New Markets
Published by Jossey-Bass in both the US and the UK.

Pietra Rivoli  
THE TRAVELS OF A T-SHIRT IN THE GLOBAL ECONOMY: An Economist Examines the Markets, Power and Politics of World Trade
Published by Wiley in the UK and the US.

James B. Stewart 

 

DISNEYWAR: The Battle for the Magic Kingdom

 

Published by Simon & Schuster in the UK and the US