Business books: The top ten contenders for the Financial Times Award

The best business books are awarded every year by the “book” of information, the Financial Times. The prize is worth £30,000.

The huge gain in prestige for each author that comes with this validation alone would be enough. It will be capitalized with a multiple return, in a second year.

Of course, the judges are drawn from the pantheon of the business and academic community. Head, the director of the Financial Times Roula Kalaf.

The books judged to present the most persuasive and original analysis of current business concerns are selected. Fascinating storytelling, like a blockbuster movie. Many of them have also been transferred to Hollywood celluloid.

The winner will be announced on December 5th.

The list includes fifteen books. Here are the top ten:

How do you discover and hire talent?

In front of her phenomenon The Great Resignation and the struggle for optimal hiring (permanent employer stress), the book of Daniel Gross and Tyler Cowen is a valuable guide.

With Title Talent: How to Identify Energizers, Creatives, and Winners Around the World (St. Martin’s Press), elucidates the pitfalls in personnel management (from the employer’s point of view, not HR). From the pre-hire interview process to workforce mobilization.

How do you find talent? The authors of Talent: How to Identify Energizers, Creatives, and Winners Around the World

The goods of life

The journalist’s book also appeared on this year’s best-selling business lists William D. Cohan. He had won the Financial Times prize in 2007 for the book The Last Tycoons about the brothers Lazard Frères.

The Power Failure: The Rise and Fall of an American Icon deals with the legendary General Electric.

The company that symbolizes American ingenuity, innovation and industrial strength.

Amazing review of the company that once claimed to bring “the goods of life” (the good things to life).

Coan argues that the rise and fall of GE is not only an example but also an allegory for the multi-prismatic study of capitalism.

With attention to detail but also a macroscopic breath, the journalist analyzes GE’s rapid growth through acquisitions and mergers, its management culture, the dominant dogma of shareholder value, its blind spots, its fragmentation.

With its 800 pages and its 32 dollars it is expected from the publishers Portfolio on November 15, 2022.

… And her tragedies

In the Flying Blind: The 737 MAX Tragedy and the Fall of Boeing (editions Random House Large Print), The Peter Robison also hit their bestseller list New York Times.

This is the chilling document of the greatest tragedy in modern aeronautics: The crash of two Boeing 737 Maxin 2018 and 2019.

With a structure that follows the rules of suspense, it tries to analyze the unseen causes that led to this fateful moment.

At the same time, it charts the fall of the American company, which crumbled like a house of cards.

The here and now

Another acquaintance of the list, Mr Sebastian Mallaby who became widely known for his best-selling biography Alan Greenspan (Alan Greenspan, The Man Who Knew).

It now appears with the Power Law: Venture Capital and the Art of Disruption (published by Allen Lane).

The analyst delves into the maze of venture capital at Silicon Valley and wonders: Did they create them or did they pre-exist?

Examples like his Jeff Bezos and his Elon Musk prove that the future is not predicted: It is only invented.

On the contrary, her key study Helen Thompson with Title Disorder: Hard Times in the Twentieth Century (Oxford University Press) deals with the current issue of the Russian invasion of Ukraine.

He thoroughly studies and weighs the geopolitical and economic consequences of the war (especially the effects on inflation) against the backdrop of the fluid but decisive energy landscape. Energy invariably leads to the most destabilizing political choices.

London: Money laundering?

A very gloomy picture is described by Oliver Bullough in the study
Butler to the World: How Britain Became the Servant of Tycoons, Tax Dodgers, Kleptocrats and Criminals (editions Profile Books).

One can argue that Ballow comes from the imperialist tradition of Great Britain, which sets it apart and isolates it.

But his study does not seem to be the result of prejudices. It is probably this very tradition of isolation, politically and economically, that has made it vulnerable to profane and illicit enrichment. In the sweeping power of the new plutocrats who, like pirates, irrigate their booty.

Have London’s post-imperial institutions become subservient to the super-rich?

Ballow takes a cruder theory: London doesn’t just launder money for the “bad guys”. But he also turns a blind eye when they need to bend some rules to make more.

More corruption

In the book Influence Empire: The Rise of Tencent and China’s Tech Ambitionthe Lulu Yilun Chen describes the shocking history of the colossal company Tencent and its dynamic coexistence with China.

Tencent created the “total app” (everything app) as it is called, under the title WeChat, already used by 1.3 billion people. Networking platform and digital wallet together.

Tencent owns shares in companies such as Teslathe Spotifythe Snapchatthe Monzothe Reddit. And in various games such as Fortnite and League of Legends among many others.

It is now the fifth largest company in the world, ahead of Facebook.

The government uses it to track and even imprison users.

How it dominates the capitalist world based on the principles of communism certainly makes for a fascinating study with enlightening conclusions.

The common consumer

In the Direct: The Rise of the Middleman Economy and the Power of Going to the Source (editions Harper Business) the Kathryn Judge refers to the emergence of powerful intermediaries in the wider supply chain.

Banks, retailers, brokers, influence the economy more than the common consumer.

The law professor at the university Columbia is trying to find ways out for the average consumer to gain more control over their finances.

What do we learn from economic history?

Judging by the rest of human history, (this period proved) more glorious than terrible“, writes o J. Bradford De Long (J. Bradford DeLong).

However, despite the unimaginable concentration of wealth, the era he studies (1870 – 2010) did not live up to common utopian expectations.

This paradox is at least applauded by the author in the following Slouching Towards Utopia: An economic History of the Twentieth Century (editions Basic Books).

It will be released on September 6 and costs $30 on Amazon.

His book Gary Gerstle also adopts a historical approach.

As its title suggests The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era (Oxford University Press), traces its course laissez faire practice in the age of free markets.

It focuses on the cradle of liberalism, America, and on politicians such as Ronald Reagan. But also how his apologists “buttoned up”. New left with the power of capitalism.

The FT is already calling Gerstl’s book a “classic” in its genre. They will know something.

The article is in Greek

Tags: Business books top ten contenders Financial Times Award

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