Edmondson wins FT’s Business Book of the Year

Amy Edmondson is the winner of the 2023 Business Book of the Year Award for “Right Kind of Wrong: Why Learning to Fail Can Teach Us to Thrive” about “intelligent failure” and how to take more sensible risks.

The competition is sponsored by the Financial Times and Schroders.

The award recognizes a work which provides the “most compelling and enjoyable insight into modern business issues.” It was awarded Monday 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.

“Right Kind of Wrong” saw off strong competition from a shortlist of titles with subjects ranging from the advance of artificial intelligence to relentless pressure on natural resources. Edmondson will receive a prize of £30,000, with £10,000 going to each of the five runners-up.

“Amy Edmondson lays out a powerful framework for how to learn from failure and deal with risk,” said FT editor in chief Khalaf in a statement. “‘Right Kind of Wrong’ is a highly readable and relevant book, with important lessons for leaders and managers everywhere.”