Reid Hoffman and Dambisa Moyo join FT/McKinsey book prize judges

Reid Hoffman, co-founder of LinkedIn, and Dambisa Moyo, global economist and author, have joined the panel of judges for the £30,000 Financial Times and McKinsey Business Book of the Year Award.

Entries are now open for the 2015 award, which aims to identify the book that provides "the most compelling and enjoyable insight into modern business issues". Last year's winner was Capital in the Twenty-First Century , Thomas Piketty's controversial analysis of the causes and consequences of economic inequality.

The prize, first presented in 2005 to Thomas Friedman for The World is Flat, is now in its 11th edition. The FT has longlisted more than 150 books - its "business books of the decade" - since inception.

Mr Hoffman and Ms Moyo join a panel chaired by Lionel Barber, editor of the Financial Times. The other judges for 2015 are: Mohamed El-Erian, chairman of President Barack Obama's Global Development Council, who won the 2008 award with his book When Markets Collide; Herminia Ibarra, professor of leadership at Insead, and author of the recently published book Act Like a Leader, Think Like a Leader; Rik Kirkland, McKinsey's director of publishing; and Shriti Vadera, chairman of Santander UK, the bank.

The judges will select a shortlist of up to six books, to be announced on September 22. The prize will be awarded at a dinner in New York on November 17. The winner will receive £30,000 and the five runners-up receive £10,000 each.

Business books published between November 16, 2014, and November 17, 2015 are eligible for the award, which has a closing date for entries of June 30.

Entries are also now open for the Bracken Bower Prize, backed by the FT and McKinsey, which seeks the best proposal for a book about the challenges and opportunities of growth, by an author aged under 35. Stephen Rubin, president and publisher at Henry Holt in New York, has joined the judging panel for the prize, alongside Vindi Banga, partner at Clayton, Dubilier & Rice, Lynda Gratton of London Business School, and Jorma Ollila, chairman of Royal Dutch Shell.

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