Bracken Bower Prize Explained

Financial Times and McKinsey Bracken Bower Prize
Awarded For:Best business book proposal by an author under 35
Sponsor:Financial Times
McKinsey & Company
Location:London / New York
Reward:£15,000
Year:2014

The Financial Times and McKinsey Bracken Bower Prize (or simply the Bracken Bower Prize) is an annual award given to the best business book proposal of the year by a young writer, as determined by the Financial Times and McKinsey & Company. It aims to find the "best proposal for a book about the challenges and opportunities of growth by an author aged under 35".[1]

Established in 2014, the prize is named after Brendan Bracken, chairman of the Financial Times from 1945 to 1958, and Marvin Bower, managing director of McKinsey from 1950 to 1967.[2] The prize is worth and is presented at the same time as the Financial Times and McKinsey Business Book of the Year Award.[3]

Several previous winners and finalists of the contest have landed book deals with major publishers.[4] [5] Siddarth Shrikanth, finalist for the 2020 prize, secured publishing deals with Duckworth Books and Penguin Random House for his book, The Case for Nature.[6] [7] Winner of the 2019 Prize, Jonathan Hillman had his book on China's global infrastructure expansion, The Digital Silk Road: China's Quest to Wire the World and Win the Future, published by Harper Business.[8] Cambridge University Press published the book by 2018 Prize Winner Andrew Leon Hanna, 25 Million Sparks: The Untold Story of Refugee Entrepreneurs, which tells the story of three Syrian women entrepreneurs in the Za'atari refugee camp and of refugee entrepreneurs around the world.[9] [10] From the same cohort, finalist Christian Busch had his book, published as The Serendipity Mindset: The Art and Science of Creating Good Luck, released by Riverhead Books.

From the 2016 cohort, Kogan Page published Blockchain Babel: The Crypto Craze and the Challenge to Business by finalist Igor Pejic.[11] [12] Houghton Mifflin Harcourt published venture capitalist and Bracken Bower finalist Scott Hartley's book, The Fuzzy and the Techie: Why the Liberal Arts Will Rule the Digital World, a Financial Times Business Book of the Month that was mentioned on the longlist for the FT/McKinsey Business Book of the Year Award in 2017.[13] [14] Published in paperback by Mariner Books, it has been acquired by Penguin Random House in India, and translated into Portuguese and Korean.[15] [16] [17]

Among the 2015 cohort, Penguin Press agreed to publish Meltdown: Why Our Systems Fail and What We Can Do About It, a book about the changing nature of failure in business and life, by 2015 Prize Winners and former derivates trader Christopher Clearfield and University of Toronto professor András Tilcsik.[18] [19] Meltdown won Canada's National Business Book Award in 2019. Irene Yuan Sun's short-listed proposal for a book about China's economic role in Africa was picked up by Harvard Business Review Press.

The prize also led to a publishing deal for Saadia Zahidi, the first-ever Bracken Bower Prize winner in 2014; Nation Books acquired a book based on her proposal, Womenomics in the Muslim World, in 2015, and it was retitled Fifty Million Rising: The New Generation of Working Women Transforming the Muslim World.

Winners and shortlist

Blue Ribbon = winner | Finalists (F) | Shortlist (S)

2014[20]

2015[22] [23] [24] [25]

2016[28]

2017[29] [30]

2018[31] [32] [33] [34]

2019[36] [37] [38]

2020[39]

2021[40] [41]

2022[42] [43]

Notes and References

  1. Web site: Financial Times and McKinsey: The Bracken Bower Prize . Financial Times . 30 October 2015.
  2. Web site: Financial Times and McKinsey & Company launch the 2014 Business Book of the Year Award . Financial Times . 30 December 2015.
  3. Web site: FT/McKinsey announce the Bracken Bower Prize finalists . Financial Times . 30 December 2015.
  4. Web site: Book Trade Announcements - Submissions Invited For The 2016 Bracken Bower Prize. www.booktrade.info. 25 April 2016. 2016-05-16. https://web.archive.org/web/20160610142940/http://www.booktrade.info/index.php/showarticle/64275. 10 June 2016. dead.
  5. Web site: Bracken Bower Prize 2018: the shortlist. Hill. Andrew. 2018-10-22. Financial Times. en-GB. 2018-11-02.
  6. Web site: Announcing a trailblazing new book on securing our natural capital. . 2022-12-31 . Penguin Random House India . en-US.
  7. Web site: Duckworth signs "rising star" Shrikanth's debut . 2022-12-31 . The Bookseller . En.
  8. News: 2022-03-21 . A gripping account of China's rise as a tech superpower . Financial Times . 2022-06-26.
  9. News: 2021-11-01 . Bracken Bower Prize 2021 — the shortlist . Financial Times . 2022-06-26.
  10. Web site: Resilience through unspeakable pain and strife . 2022-06-26 . today.duke.edu . 8 March 2022 . en.
  11. Web site: Hill . Andrew . 2018-10-22 . Bracken Bower Prize 2018: the shortlist . 2018-11-02 . Financial Times . en-GB.
  12. Web site: Books . 2018-11-02 . igorpejic.net.
  13. News: Excerpts from the three proposals . Financial Times . 2018-03-28.
  14. News: Hill . Andrew . Business Book of the Year 2017 — the longlist . Financial Times . 2018-03-28.
  15. Web site: The Fuzzy and the Techie: Why the Liberal Arts Will Rule the Digital World . 2018-03-28 . www.hmhco.com/.
  16. Web site: The Fuzzy and the Techie . 2018-03-28 . www.penguin.co.in.
  17. Web site: O Fuzzy E O Techie . 2018-03-28 . www.bei.com.br/.
  18. Web site: Rethinking the Unthinkable. Clearfield. Author Chris. Tilcsik. András. 2015-11-18. Rethink Risk–The Blog. 2016-05-16.
  19. News: FT/McKinsey contest helps business book hopefuls land deals. Hill. Andrew. Financial Times. 0307-1766. 2016-05-16.
  20. Web site: A Win for Women in the Muslim World . McKinsey . 11 November 2014 . 30 December 2015.
  21. Book: Zahidi, Saadia . Fifty Million Rising: The New Generation of Working Women Transforming the Muslim World . Bold Type Books . 2018 . 978-1568585901.
  22. Web site: Book prize finalists announced . Financial Times . Andrew. Hill. 13 November 2015 . 30 December 2015.
  23. Web site: Excerpts from the three proposals . Financial Times . 17 November 2015 . 30 December 2015.
  24. Web site: Bracken Bower Prize . 15 December 2015 . 2 January 2016.
  25. Web site: The Shortlist for the 2015 Bracken Bower Prize has been announced. 27 April 2016.
  26. Book: Sun, Irene Yuan . The next factory of the world : how Chinese investment is reshaping Africa . 2017 . 978-1-63369-281-7 . Boston, Massachusetts . 979557541.
  27. Book: Roulet, Thomas (Thomas J.) . The power of being divisive : understanding negative social evaluations . September 2020 . 978-1-5036-1390-4 . Stanford, California . 1143840507.
  28. Web site: FT and McKinsey reveal Bracken Bower Prize shortlist . Financial Times . 24 October 2016 . 22 November 2017.
  29. Web site: Bracken Bower Prize 2017: the shortlist . Financial Times . 18 October 2017 . 22 November 2017.
  30. Web site: Bracken Bower Prize 2017: excerpts from finalists' proposals. 31 October 2017. Financial Times. 17 November 2018.
  31. Web site: Bracken Bower Prize 2018: the shortlist. Hill. Andrew. 22 October 2018. Financial Times. 16 November 2018.
  32. Web site: Bracken Bower Prize 2018: excerpts from finalists' proposals. 7 November 2018. Financial Times. 16 November 2018.
  33. Web site: 'Bad Blood' wins the FT and McKinsey Business Book of 2018. Hill. Andrew. 12 November 2018. Financial Times. 16 November 2018.
  34. Web site: 25 Million Sparks: Andrew Leon Hanna '19 on his prize-winning book project. Trickey. Erick. 21 November 2018. Harvard Law Today. 6 December 2018.
  35. Book: Hanna, Andrew Leon . 25 Million Sparks: The Untold Story of Refugee Entrepreneurs . Cambridge University Press . 2022 . 978-1009181495.
  36. News: Hill . Andrew . 25 October 2019 . Bracken Bower Prize 2019 — the shortlist . . subscription . 2020-09-23.
  37. News: Hill . Andrew . 19 November 2019 . Bracken Bower Prize 2019: the finalists . . subscription . 2020-09-23.
  38. News: Hill . Andrew . 4 December 2019 . Bracken Bower Prize 2019: the winner . . subscription . 2020-09-23.
  39. Web site: Hill. Andrew. 2020-11-02. Bracken Bower Prize 2020 — the shortlist. 2020-11-03. www.ft.com. en-GB.
  40. News: 2021-12-01 . Bracken Bower prize 2021: the winners . Financial Times . 2022-06-26.
  41. News: 2021-11-01 . Bracken Bower Prize 2021 — the shortlist . Financial Times . 2022-06-26.
  42. News: 2022-11-01 . Bracken Bower Prize 2022 — the shortlist . Financial Times . 2022-12-27.
  43. News: 2022-11-29 . Bracken Bower Prize 2022: the finalists . Financial Times . 2022-12-27.

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