Janesville: An American Story by Amy Goldstein wins the Financial Times and McKinsey Business Book of the Year Award 2017

Mehran Gul wins the Bracken Bower Prize 2017

The Financial Times and McKinsey & Company today announce that Amy Goldstein is the winner of the 2017 Business Book of the Year Award for Janesville: An American Story, published by Simon & Schuster. The book explores the human consequences of the General Motors assembly plant closure in the American town of Janesville.

The award recognises the book that provides the most compelling and enjoyable insight into modern business issues. It was presented this evening to Amy Goldstein at a ceremony at the Lotte New York Palace, New York, by Lionel Barber, Editor of the Financial Times and chair of the panel of judges, and Dominic Barton, Global Managing Partner of McKinsey & Company. Keynote speaker at the ceremony was Barry Diller, Chairman & Senior Executive, IAC and Expedia, Inc.

Amy Goldstein saw off strong competition from a shortlist of titles that ranged in theme from gender imbalance and economic equality, to the history of the iPhone, to win the £30,000 prize. Each of the five runners-up received a cheque for £10,000.

Lionel Barber said, “Janesville is about the new industrial age and how you deal with it. I think it addresses deeply important policy issues, such as skills and retraining. But it’s also a humane portrait of people and their community.”

Janesville is a deeply reported story that raises critical questions about the impact of economic disruption on communities, without offering simplistic answers,” said Dominic Barton. “It is an American story, as the subtitle suggests, but also a truly global one.”

The distinguished judging panel for the 2017 Financial Times and McKinsey Business Book of the Year Award, chaired by Lionel Barber, comprised:

  • Mitchell Baker, Executive Chairwoman, Mozilla
  • Mohamed El-Erian, Chief Economic Advisor, Allianz; previously Chair, President Obama’s Global Development Council, (Winner, 2008, When Markets Collide)
  • Herminia Ibarra, The Charles Handy Professor of Organisational Behaviour, London Business School
  • Rik Kirkland, Partner and Director of Publishing, McKinsey & Company
  • Randall Kroszner, Norman R. Bobins Professor of Economics, University of Chicago Booth School of Business
  • Dambisa Moyo, Global Economist and Author, Non-Executive Director, Barrick Gold, Barclays, Chevron, and Seagate Technology
  • Shriti Vadera, Chairman, Santander UK; Senior Independent Director, BHP Billiton and Non-Executive Director, AstraZeneca

The Financial Times and McKinsey & Company also announced Mehran Gul as the winner of the 2017 Bracken Bower Prize. The prize is designed to encourage young authors to tackle emerging business themes, with a focus on the challenges and opportunities presented by growth.

Mehran Gul was awarded £15,000 for his book proposal, The New Geography of Innovation, which examines the rise of new start-up ecosystems around the world and how the highly valued unicorns they are producing are changing the geography of innovation and the economic landscape of the world. It beat a record number of entries from 26 countries on topics ranging from technology, to gender, to the ethics of business.

The judges commented, “We received submissions from many talented young people, and the shortlist was a very impressive line-up. There were some really strong proposals, so much so that we faced an incredibly difficult choice in choosing a winner.”

The distinguished judging panel for the Bracken Bower Prize comprised:

  • Christopher Clearfield, Principal, System Logic
  • Tina Bennett, Literary Agent, WME, New York
  • Isabel Fernandez-Mateo, Adecco Associate Professor of Strategy and Entrepreneurship, London Business School
  • Jorma Ollila, Chairman, Outokumpu, and former chairman Royal Dutch Shell and Nokia

Photographs of the presentation of the Business Book of the Year Award, the winner of the Bracken Bower Prize, shortlisted authors, the judges, and speaker Barry Diller are available for download from https://www.flickr.com/photos/45442848@N05/albums/72157689777648236.

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