A power transmitting that includes an epicyclic multi-speed transmission that employs friction to torsionally ground one or more elements of the transmission to either inhibit their rotation or to couple the elements together for common rotation. The epicyclic multi-speed transmission avoids clutch configurations that employ stationary clutch packs that are configured to exert force on a rotatable element of the transmission through a thrust bearing, as well as clutch configurations that employ a hydraulically operated piston that rotates with a clutch pack, to reduce drag force and eliminate the need for rotary seals.