The Financial Times and McKinsey & Co. have given their 2017 Business Book of the Year Award to “Janesville: An American Story.”
In the book, Washington Post reporter Amy Goldstein “explores the human consequences of the General Motors assembly plant closure in the American town of Janesville,” according to a news release.
The award comes with a prize in British pounds equivalent to about $39,000 in U.S. dollars.
It recognizes the book for providing compelling and enjoyable insight into modern business issues, the release states.
Lionel Barber, Financial Times editor and awards committee chairman, is quoted as saying: “‘Janesville’ is about the new industrial age and how you deal with it. I think it addresses deeply important policy issues, such as skills and retraining. But it’s also a humane portrait of people and their community.”