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Classic business books that deserve another read

Only a few business books stand the test of time: the companies they examine fade away, the economic circumstances they analyse change, and the people they idolise turn out to have fatal flaws.

Whether a book’s insights will endure is one criterion for the FT and McKinsey Business Book of the Year. To launch the 2016 award, open for submissions from April 11, FT columnists pick one business book they believe is worth rereading.

Martin Wolf, chief economic commentator: Parkinson’s Law: The Pursuit of Progress, by Cyril Northcote Parkinson (1958)

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