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Edmondson's Right Kind of Wrong wins £30k Business Book of the Year Award
Amy Edmondson’s Right Kind of Wrong: Why Learning to Fail Can Teach Us to Thrive (Cornerstone), about ‘intelligent failure’ and how to take more sensible risks, has won the £30,000 Financial Times and Schroders Business Book of the Year Award.
The award recognises a work which provides the “most compelling and enjoyable insight into modern business issues”. It was awarded to Edmondson at a ceremony at Claridge’s in London, hosted by the editor of the Financial Times and chair of the panel of judges, Roula Khalaf, Schroders Group chief executive Peter Harrison and Nikkei Inc managing director Daisuke Arakawa.
Khalaf said: “Amy Edmondson lays out a powerful framework for how to learn from failure and deal with risk. Right Kind of Wrong is a highly readable and relevant book, with important lessons for leaders and managers everywhere.”
Harrison added: "Failure often lies behind progress but is ‘failing fast’ really a good thing or simply a cliché? Amy Edmondson’s Right Kind of Wrong provides clarity and practical prescription to address the issues businesses face every day. It is invaluable reading.”
Edmondson beat a shortlist comprising Ed Conway’s Material World: A Substantial Story of Our Past and Future (W H Allen); The Coming Wave: AI, Power and the Twenty-First Century’s Greatest Dilemma by Mustafa Suleyman with Michael Bhaskar (The Bodley Head); How Big Things Get Done: The Surprising Factors Behind Every Successful Project from Home Renovations to Space Exploration by Bent Flyvbjerg and Dan Gardner (Macmillan); Elon Musk by Walter Isaacson (Simon & Schuster); and Cobalt Red: How the Blood of the Congo Powers Our Lives by Siddharth Kara (St Martin’s Press).
