Portugal becomes less friendly to digital nomads as it plans to scrap tax breaks | Managing Overwhelming Feelings | 10 Trust-Busting Pitfalls | Remote Work's Creative Freedom Acknowledged by CEOs

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� � � � � � You Might Like � � � � � � � � � Portugal becomes less friendly to digital nomads as it plans to scrap tax breaks - Fortune    Since the financial crisis of the late 2000s, Portugal has embraced its role as a haven for foreign workers and investors in hopes of kick-starting the country’s stuttering economy. But now the country’s prime minister has taken the first steps to rein in the number of digital nomads coming to Portugal, as native workers grow increasingly frustrated by schemes that have helped create a major housing crisis. In an interview with CNN Portugal, Prime Minister António Costa said he planned to put an end to the country’s non-habitual resident (NHR) regime next year. Continued here How to Deal with Constantly Feeling Overwhelmed - Harvard Business Review    Our typical response to ever-growing workloads is to work harder and put in longer hours, rather than to step back and examine what makes us do this and find a new way of operating. I have a few clients who fit this description. When we started working together, they each had already resorted to getting up at 4 AM to do work. Sue, who works for a tech company that recently went public, is leading many simultaneous projects and is fearful she’ll miss an important email. Ajay, a senior leader at a late-stage start-up, needs the extra quiet time to try to make a dent in his ever-growing to-do list, but feels like he’s trying to dig himself out of a hole that just keeps getting deeper. Maria, a start-up co-founder, felt constantly overwhelmed as her company started to scale. While CEOs of trillion dollar companies like Apple’s Tim Cook, wake up at 3:45 AM, most of us don’t have quite this level of responsibility. The cognitive impact of feeling perpetually overwhelmed can range from mental slowness, forgetfulness, confusion, difficulty concentrating or thinking logically, to a racing mind or an impaired ability to problem solve. When we have too many demands on our thinking over an extended period of time, cognitive fatigue can also happen, making us more prone to distractions and our thinking less agile. Any of these effects, alone, can make us less effective and leave us feeling even more overwhelmed. If you are feeling constantly overwhelmed, here are some key strategies to try: Pinpoint the primary source of overwhelm. Ask yourself the question, “What one or two things, if taken off my plate would alleviate 80% of the stress that I feel right now?” While you may still be responsible for these items and cannot actually take them off your plate, this question can still help you identify a significant source of your stress. If it’s a big project that’s almost done, finish it. Or, if it’s the sheer size of the task or project that is overwhelming you, break it down into more manageable components, ask for additional resources or renegotiate the deadline if you are able — or all of the above. Continued here Don't like ads? Go ad-free with TradeBriefs Premium 10 Pitfalls That Destroy Organizational Trust - Harvard Business Review    In their new book, Move Fast and Fix Things, Frances Frei and Anne Morriss outline five strategies to help leaders tackle their hardest problems and quickly make change. Their second strategy is to build — or rebuild — trust with your stakeholders. This means they need to believe three things: that you care about them (empathy), that you’re capable of meeting their needs (logic), and that you can be expected to do what you say you’ll do (authenticity). Most organizations are shaky on at least one of these trust pillars, commonly in one of the below scenarios. Facebook made “Move fast and break things” an informal company motto. But leadership experts Frances Frei and Anne Morriss argue that this belief is deeply flawed — and that it keeps leaders from building a great company. The best leaders move fast and fix things — they solve hard problems while making their organizations stronger. In their new book Move Fast and Fix Things (Harvard Business Review Press), Frei and Morriss outline five strategies to help leaders tackle their hardest problems and quickly make change: Continued here One thing is clear about the (remote) workplace of tomorrow, CEOs agree: 'You don't need to be in the office to be entirely creative' - Fortune    With employees streaming back into the office, CEOs are still grappling with how to handle return to work. Questions remain over which workers need to be in the office, how to handle compensation, and which productivity metrics can best measure the effectiveness of policies. Speaking at a breakout session at the Fortune CEO Initiative conference on Tuesday titled “Preparing for the workplace of tomorrow,” a room full of CEOs acknowledged the hybrid reality. When asked who is working five days in the office at this point, only one of several dozen held up their hand. And as panelist Joe Preston, the CEO of New Balance, said: Collaboration does not need to happen in person. Still, Preston was clear that he is requiring every Tuesday through Wednesday in the office. With designers for its shoe brand spread around the world, New Balance has experience managing a distributed workforce. In the U.S., the shoe maker’s three-day policy mirrors a study done by the Pew Research Center from early 2023 that found that 41% of U.S. workers are on a hybrid schedule. The room of executives was largely hybrid, although one other panelist differed. Peter Goldstein, the chief technology strategist for the staffing platform Toptal, batted down the refrain he heard from executives about employees soaking in training when they are physically in the office. “You can only rely on osmosis so far,” he said. They were joined by Janeen Gelbart, co-founder and CEO of Indiggo, a management software developer. Continued here

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