Financial Times and McKinsey Business Book of the Year Award is an annual award given to the best business book of the year as determined by the Financial Times and McKinsey & Company. It aims to find the book that has ‘the most compelling and enjoyable insight into modern business issues.’ The award was established in 2005 and is worth £30,000. Beginning in 2010, five short-listed authors each receive £10,000, previously it was £5,000.
The award's principal partner was Goldman Sachs from 2005–2013, when it was known as the "Financial Times and Goldman Sachs Business Book of the Year Award". The principal partner became McKinsey & Company beginning in 2014.
Since 2014, the Financial Times and McKinsey Business Book of the Year Award is presented at the same time as the Bracken Bower Prize for young business writers.
Winners and shortlist
Blue Ribbon () = winner
2005
The shortlist was announced 20 September 2005, and the winner announced 24 November 2005.
John Battelle, The Search: How Google and Its Rivals Rewrote the Rules of Business and Transformed Our Culture
Steven Levitt and Stephen Dubner, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
Thomas Friedman, The World Is Flat: A Brief History of the Twenty-First Century
Constantinos C. Markides, Paul Geroski, Fast Second: How Smart Companies Bypass Radical Innovation to Enter and Dominate New Markets
Pietra Rivoli, The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade
James B. Stewart, DisneyWar
2006
The shortlist was announced 18 September 2006, and the winner announced 27 October 2006.
Chris Anderson, The Long Tail: Why the Future of Business is Selling Less of More
Bo Burlingham, Small Giants: Companies that Choose to Be Great Instead of Big
Charles Fishman, The Wal-Mart Effect: How the World's Most Powerful Company Really Works—and How It's Transforming the American Economy
James Kynge, China Shakes The World: A Titan's Rise and Troubled Future – and the Challenge for America
Marc Levinson, The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger
2007
The shortlist was announced 25 September 2007, and the winner announced 25 October 2007.
William D. Cohan, The Last Tycoons: The Secret History of Lazard Frères & Co.
Alan Greenspan, The Age of Turbulence: Adventures in a New World
Philippe Legrain, Immigrants: Your Country Needs Them
Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable
Don Tapscott and Anthony D Williams, Wikinomics: How Mass Collaboration Changes Everything
Iain Carson and Vijay Vaitheeswaran, ZOOM: The Global Race to Fuel the Car of the Future
2008
The shortlist was announced 18 September 2008 and the winner announced 14 October 2008.
William J. Bernstein, A Splendid Exchange: How Trade Shaped the World
Tim Bouquet & Byron Ousey, Cold Steel: The Multi-billion-dollar Battle for a Global Industry
Mohamed El-Erian, When Markets Collide: Investment Strategies for the Age of Global Economic Change
Misha Glenny, McMafia: A Journey Through the Global Criminal Underworld
Lawrence Lessig, Remix: Making Art and Commerce Thrive in the Hybrid Economy
Alice Schroeder, The Snowball: Warren Buffett and the Business of Life
2009
The longlist was announced 12 August 2009, the shortlist announced around 18 September 2009, and the winner announced 29 October 2009.
Liaquat Ahamed, Lords of Finance: The Bankers Who Broke the World
Stephen Green, Good Value: Reflections on Money, Morality and an Uncertain World
Nandan Nilekani, Imagining India: The Idea of a Renewed Nation
Frank Partnoy, The Match King
George Akerlof and Robert Shiller, Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
David Wessel, In Fed We Trust
2010
The longlist was announced 9 August 2010, the shortlist was announced 16 September 2010, and the winner announced 19 October 2010.
Sheena Iyengar, The Art of Choosing
David Kirkpatrick, The Facebook Effect: The Inside Story of the Company That Is Connecting the World
Michael Lewis, The Big Short: Inside the Doomsday Machine
Sebastian Mallaby, More Money Than God: Hedge Funds and the Making of a New Elite
Raghuram G. Rajan, Fault Lines: How Hidden Fractures Still Threaten the World Economy
Andrew Ross Sorkin, Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System – and Themselves
2011
The longlist was announced on 9 August 2011, the shortlist was announced on 14 September and the winner was announced on 3 November 2011.
Abhijit V. Banerjee and Esther Duflo, Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
Barry Eichengreen, Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Edward Glaeser, Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier
Margaret Heffernan, Willful Blindness: Why We Ignore the Obvious at Our Peril
Richard Rumelt, Good Strategy Bad Strategy: The Difference and Why It Matters
Daniel Yergin, The Quest: Energy, Security, and the Remaking of the Modern World
2012
The shortlist was announced on 13 September 2012. The winner was announced on 2 November 2012.
Daron Acemoglu and James A. Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty
John M. Coates, The Hour Between Dog and Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust
Steve Coll, Private Empire: ExxonMobil and American Power
Walter Isaacson, Steve Jobs: The Exclusive Biography
Michael J. Sandel, What Money Can’t Buy: The Moral Limits Of Markets
William L. Silber, Volcker: The Triumph of Persistence
2013
The longlist was announced in August 2013. The shortlist was announced on 18 September 2013. The winner was announced on 18 November 2013.
Neil Irwin, The Alchemists: Inside the Secret World of Central Bankers
Iain Martin, Making it Happen: Fred Goodwin, RBS and the Men Who Blew Up the British Economy
Viktor Mayer-Schönberger and Kenneth Cukier, Big Data: A Revolution That Will Transform How We Live, Work, and Think
Anita Raghavan, The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund
Sheryl Sandberg, Lean In: Women, Work, and the Will to Lead
Brad Stone, The Everything Store: Jeff Bezos and the Age of Amazon
2014
The longlist was announced 6 August 2014. The shortlist was announced 24 September 2014. The winner was announced 11 November 2014.
Julia Angwin, Dragnet Nation: A Quest for Privacy, Security, and Freedom in a World of Relentless Surveillance
Erik Brynjolfsson and Andrew McAfee, The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
Ed Catmull, Creativity, Inc. Overcoming the Unseen Forces that Stand in the Way of True Inspiration
Nick Davies, Hack Attack: How the Truth Caught Up with Rupert Murdoch
Atif Mian and Amir Sufi, House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again
Thomas Piketty, Capital in the Twenty-First Century
2015
The longlist was announced 12 August. The shortlist was announced 22 September. The winner was announced 17 November. The winner received £30,000, and £10,000 was awarded to each of the remaining shortlisted books.
Martin Ford, The Rise of the Robots: Technology and the Threat of Mass Unemployment
Jacquie McNish and Sean Silcoff, Losing the Signal: The Untold Story Behind the Extraordinary Rise and Spectacular Fall of Blackberry
Nathaniel Popper, Digital Gold: The Untold Story of Bitcoin
Anne-Marie Slaughter, Unfinished Business: Women Men Work Family
Richard Thaler, Misbehaving: The Making of Behavioural Economics
Stephen Witt, How Music Got Free: What Happens When an Entire Generation Commits the Same Crime?
2016
The longlist was announced August 7. The shortlist was announced 9 September. The winner was announced 22 November.
Iris Bohnet, What Works: Gender Equality by Design
Duncan Clark, Alibaba: The House That Jack Ma Built
Rana Foroohar, Makers and Takers: The Rise of Finance and the Fall of American Business
Robert J. Gordon, The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War
Lynda Gratton and Andrew Scott, The 100-Year Life: Living and Working in an Age of Longevity
Sebastian Mallaby, The Man Who Knew: The Life and Times of Alan Greenspan