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The Moonlight Effect: Debunking Business Myths to Improve Wellbeing
The Moonlight Effect Debunking Business Myths to Improve Wellbeing Author:Simon Moss, John Callanan, Samuel Wilson The 'moonlight effect' is the inclination of people to overrate the wisdom, insight and utility of leaders and other senior figures. Like the moon, we tend to assume that executives, authorities and experts illuminate society. The moon, however, is not the actual source of light. Similarly, leaders are not the main source of most contributions.
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Because of this 'moonlight effect', organizations and governments implement many policies and practices that increase expenses but damage either progress or wellbeing. The Moonlight Effect: Debunking Business Myths to Improve Wellbeing explains the proliferation of many ineffective policies and problems that pervade our society: exorbitant levels of executive pay, the unappreciated complications of retrenchments, inadequate social welfare, unfair appraisals of performance at school and at work, unsubstantiated fads in leadership development, destructive advertising practices, the treacherous pursuit of the perfect appearance, and many other issues.
The moonlight effect does not only explain many futile practices, but also increases each of the expenses on a profit and loss statement. Each chapter focuses on one expense: bonuses, wages, health expenses, office supplies, energy expenses, borrowing expenses, consulting fees, legal fees, recruitment fees, marketing costs, and rental expenses. Furthermore, each chapter presents solutions that could be implemented to reduce these expenses and to improve performance simultaneously.
Chapter 1 The moonlight effect
Chapter 2 Does executive pay really pay? Curbing bonuses
Chapter 3 The downside of downsizing: Reducing casual salaries
Chapter 4 Recent developments in leadership training: Diminishing consulting fees
Chapter 5 Is the expertise of recruiters an oxymoron? Curbing legal fees
Chapter 6 Challenging managers about challenging targets: Decreasing borrowing expenses
Chapter 7 The drawbacks of achievement: Curbing energy expenses
Chapter 8 Dear without cheer: Reducing rental expenses
Chapter 9 Unnatural inclinations: Regulations that increase the costs of office supplies