The Financial Times and Schroders have agreed a new partnership for the prestigious FT Business Book of the Year Award.
Now in its nineteenth year, the industry-leading prize highlights ground-breaking books that explore important business and economic issues. The award is given to the book that the judges agree provides the most compelling and enjoyable insight into today’s business issues, including management, finance and economics. The winner will receive an award of £30,000 and £10,000 will be awarded to each shortlisted title.
FT editor Roula Khalaf said: “I’m delighted to welcome Schroders as partner for our long-running and acclaimed Business Book of the Year Award. I'm also grateful to Nikkei for supporting this year's prize. It has been a bumper year for business books and I look forward to reviewing the longlisted titles with our expert judges."
Schroders’ Group chief executive Peter Harrison said: “We’re proud to support a prize which showcases the sharpest and most visionary thinking in the fields of business, economics, environment and society. The authors and their books inevitably grapple with many of the world’s biggest challenges – something which is fundamental also to our role in looking after clients’ money.”
The judging panel for the Business Book of the Year Award, chaired by Roula Khalaf comprises:
Mimi Alemayehou, Founder and Managing Partner, Semai Ventures LLC
Daisuke Arakawa, Managing Director for Global Business, Nikkei Inc
Mitchell Baker, Chief Executive Officer, Mozilla Corporation; Chairwoman, Mozilla Foundation
Peter Harrison, Group Chief Executive, Schroders
Herminia Ibarra, Charles Handy Professor of Organisational Behaviour, London Business School
James Kondo, Chairman, International House of Japan
Randall Kroszner, Norman R. Bobins Professor of Economics, University of Chicago’s Booth School of Business
Shriti Vadera, Chair, Prudential Plc and Royal Shakespeare Company
The longlist for the Business Book of the Year Award will be announced on August 14, with the shortlist announcement scheduled for September 21. The winner will be announced at an awards dinner in London on December 4.
Previous winners of the book award include: Chris Miller in 2022 for Chip War: The Fight for the World's Most Critical Technology, which explored the fight for semiconductors and the quest for supply chain resilience; Nicole Perlroth in 2021 for This Is How They Tell Me the World Ends: The Cyberweapons Arms Race, an analysis of the threat posed by the arms race between cyber criminals, spies and hackers fighting to infiltrate essential computer systems; Sarah Frier in 2020 for No Filter, on the rise of Instagram; Caroline Criado Perez in 2019 for Invisible Women, her exposé of gender bias; John Carreyrou in 2018 for Bad Blood, about the Theranos scandal; and Amy Goldstein in 2017 for Janesville, which looks at the impact of plant closures on a Wisconsin town.
For more information about the awards, visit businessbook.live.ft.com and follow the conversation at #BBYA23.
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About the Financial Times
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of 1.2 million, more than one million of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
About Schroders plc
Founded in 1804, Schroders is a global investment management firm with £726.1 billion (€846.1 billion; $923.1 billion) assets under management, as of 30 June 2023. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,100 employees across 38 locations. The founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.
Schroders has benefited from a diverse business model of by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas: asset management, solutions, Schroders Capital (private assets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers, and online platforms.
Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.
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About Nikkei Inc
Founded in Japan in 1876, Nikkei has grown into one of the world’s largest independent media groups, with approximately 2.4 million paid subscribers in Japan. Our flagship English-language publication, Nikkei Asia, provides comprehensive pan-Asian reporting that serves as a crucial decision-making tool for our readers. In 2015, Nikkei expanded its international presence by acquiring the Financial Times, another global media brand. With the purpose of offering “better insights for a better world,” we never pander to power and are committed to delivering accurate and fact-based economic news. Our daily mission is to provide equitable, unbiased content that enables our readers across the globe to make better decisions.