McKinsey, the management consultancy, is the new official partner of the Business Book of the Year Award.
The award, which celebrates its 10th edition this year, opens for entries on April 14. It aims to find the book that provides “the most compelling and enjoyable insight into modern business issues”.
In 2013, the prestigious award was won by The Everything Store, Brad Stone’s book about the rise of Amazon, the online retailer, while the first winner, in 2005, was Thomas Friedman’s optimistic manifesto for globalisation The World is Flat.
The award will be judged by a distinguished panel of business people, academics and writers, chaired by Lionel Barber, editor of the Financial Times. They will for the first time this year be specifically asked to favour books whose “insights and influence are most likely to stand the test of time”.
The winner of the award will receive £30,000 and each finalist receives £10,000, with the prize presented at a dinner in London on November 11.
Books published for the first time in English between November 16, 2013, and November 15, 2014, are eligible to enter the award and the closing date for entries is June 30, 2014.
The longlist for the award will be announced in August and the judges will narrow it down to a shortlist of up to six finalists, which will be revealed on September 24.
Goldman Sachs, the banking group, was the official partner of the Business Book of the Year Award from 2005 to 2013.