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Behind the Money

Author Amy Edmondson on ‘intelligent failure’

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4350 Ratings

🗓️ 20 December 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Every year, the Financial Times selects the most outstanding business book of the year. For 2023, the top pick is a book about failure. The FT’s senior business writer Andrew Hill sits down with the winner, Amy Edmondson, the author of Right Kind of Wrong and “the world’s most influential organisational psychologist”. Edmondson’s book explores the value in failure, what we can learn from it and what’s wrong with Silicon Valley’s “fail fast, fail often” mantra.

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For further reading and listening:

Working It podcast: What was the best business book of 2023?

Psychological safety: the art of encouraging teams to be open

FT and Schroders Business Book of the Year 2023

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On X, follow Andrew Hill (@andrewtghill) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com



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Transcript

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Earlier this month, the Financial Times and Schroeder's gave out their annual

0:36.4

prize for the best business book of the year. There were some fascinating books

0:40.7

on this year's short list. They ran the gamut from Walter Isaacson's biography of Elon Musk

0:46.4

to an investigation into human rights abuses in COBOL- Mining.

0:50.9

But the one that came out on top is a book called Right Kind of Wrong by Amy Edmondson.

0:57.0

Amy is a Harvard Business School professor who's known as the world's most influential organizational

1:02.4

psychologist, which basically means

1:05.2

that she spends a lot of time thinking about how you and I behave at work. In her

1:10.9

book Amy chooses to focus on one big topic.

...

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