WEBVTT - Microsoft Data Shows It's Time to Empower Workers

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<v Speaker 1>This is Bloomberg Business Week with Carol Messer and Bloomberg

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<v Speaker 1>Quick Takes Tim Stinovic on Bloomberg Radio. Well, our next

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<v Speaker 1>guest has come to our program a few times over

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<v Speaker 1>the last couple of years. Uh, and it is a

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<v Speaker 1>really great uh time to talk with him, because I

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<v Speaker 1>think we continue to see how we work, where we work,

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<v Speaker 1>continue to evolve. Back with us with a special report

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<v Speaker 1>about the company's Microsoft Work Trend Index is Jared's Pitaro.

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<v Speaker 1>He's corporate vice president of Microsoft, and he's back with us.

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<v Speaker 1>He's on the phone in Redmond, Washington. Jared, nice to

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<v Speaker 1>have you back with Katie Garifeld and myself. So, how

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<v Speaker 1>are you doing great? Thanks for having me back. I'm

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<v Speaker 1>excited to be here. Well, we're excited to have you here.

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<v Speaker 1>And I love this report because you guys, you know,

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<v Speaker 1>collect so much data, really have a great view in

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<v Speaker 1>terms of really how people are truly working. Tell us

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<v Speaker 1>about the latest update on the work Trend Index. Who

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<v Speaker 1>you surveyed, Uh, what you found out? What time frame?

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<v Speaker 1>Give us, give us all all the background on it. Well,

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<v Speaker 1>our research here at Microsoft is historically focused on what

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<v Speaker 1>we call information workers. Those are the folks who work

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<v Speaker 1>at a computer and who often have been working remotely

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<v Speaker 1>over the last two years, and we decided it really

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<v Speaker 1>was time to focus on frontline workers. These frontline workers

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<v Speaker 1>have really shoulder a lot of the burden over the

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<v Speaker 1>last two years is they have not been able to

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<v Speaker 1>go home, and so we wanted to find out kind

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<v Speaker 1>of what was happening with them, how they were dealing

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<v Speaker 1>with it, and how work is changing for them, and

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<v Speaker 1>what would be the lasting trends and what's stuck out

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<v Speaker 1>to you in the results that you did fun And

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<v Speaker 1>I'm curious how that compares to you know, surveys that

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<v Speaker 1>you've done with office workers. Yeah, let's take a step

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<v Speaker 1>back for a moment. There is really unprecedented stress in

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<v Speaker 1>the system when we think broadly about business markets right now,

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<v Speaker 1>and nearly every single business is facing kind of the

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<v Speaker 1>same challenge, and it's how do they continue to drive

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<v Speaker 1>business results and serve their customers but at the same

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<v Speaker 1>time balance that with employee well being and growth. And

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<v Speaker 1>I think that's really what stuck out to us is

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<v Speaker 1>that as we look at this group of folks and

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<v Speaker 1>all sorts of different types of roles, it's the people

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<v Speaker 1>who couldn't go home. They have done so much to

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<v Speaker 1>keep business running, but in many ways they are feeling

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<v Speaker 1>a bit great about the edges. So, for instance, if

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<v Speaker 1>we hit some of the data just right out of

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<v Speaker 1>the gate here um to weather the storm, it looks

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<v Speaker 1>like these frontline workers have really turned to each other.

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<v Speaker 1>We learned that seventy six feel very bonded to coworkers

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<v Speaker 1>because of the shared stresses that they've endured during the pandemic.

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<v Speaker 1>But at the same time, they're starting to feel a

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<v Speaker 1>bit of a distance between the work they're doing and

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<v Speaker 1>the rest of their company. Six of frontline workers say

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<v Speaker 1>that leadership doesn't seem to prioritize culture, and communication isn't

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<v Speaker 1>reaching them, and so they're kind of feeling a little

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<v Speaker 1>bit like they're on an island right now. And it's

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<v Speaker 1>not so surprising to know that they were kind of

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<v Speaker 1>bonding together, but that feeling that they're kind of off

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<v Speaker 1>on their own. We think that's something for business leaders

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<v Speaker 1>to take, no doubt. Well, it's so important to and

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<v Speaker 1>you remind us and you you kicked it off. But

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<v Speaker 1>the global workforce, that's our frontline workers. So we're talking

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<v Speaker 1>about those that are working at supermarkets. Obviously, healthcare. But

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<v Speaker 1>so many of those individuals who kept so much going

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<v Speaker 1>for all of us, especially at the height of the pandemic,

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<v Speaker 1>here are you know, other peaks um but kept things

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<v Speaker 1>going because they had to and they couldn't do their

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<v Speaker 1>jobs at home. That's right. There are two billion, more

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<v Speaker 1>than two billion frontline workers worldwide. They really do form

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<v Speaker 1>the backbone of economies and just about every country. And

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<v Speaker 1>for this particular survey, Carol, we went out across frontline

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<v Speaker 1>workers and eat industries and across eight countries. So our

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<v Speaker 1>definition was you had to be doing all your work

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<v Speaker 1>in person. It's a very broad definition, as you indicated,

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<v Speaker 1>included healthcare workers on the way to grocery store clerks,

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<v Speaker 1>included people for instance, who are on the front lines,

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<v Speaker 1>and the manufacturing facility all across that. And we're just

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<v Speaker 1>trying to get a sense for you know, what's going

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<v Speaker 1>on and what are they experiencing. And Jared, you mentioned

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<v Speaker 1>that it feels like they're experiencing this growing gap between

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<v Speaker 1>the workers who are bonding with each other and actual management.

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<v Speaker 1>At six two say their company doesn't prioritize culture. I mean,

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<v Speaker 1>is management aware of that? Well, that's the thing we

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<v Speaker 1>do think that managers are very aware. I mean, we

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<v Speaker 1>have a lot of empathy for what's happening here, because

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<v Speaker 1>that's the balance that companies are needing to kind of strike.

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<v Speaker 1>They have to continue to serve their customers, so they

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<v Speaker 1>recognize that that's a pleasant demand on them, and at

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<v Speaker 1>the same time now they have to kind of balance

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<v Speaker 1>the well being and the learning and growth of these employees.

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<v Speaker 1>So we it's a hard it's a hard task to

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<v Speaker 1>be very clear on. What we found is if you

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<v Speaker 1>look at the center, kind of let's call it, the

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<v Speaker 1>corporate managers, they very much understand that there's an issue,

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<v Speaker 1>but I don't think that they've always had a great

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<v Speaker 1>deal of visibility into exactly what's happening. One really interesting

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<v Speaker 1>difference between this and the i W the information worker

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<v Speaker 1>research that we did previously. We found that these frontline

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<v Speaker 1>employees and their direct managers, who also tend to be

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<v Speaker 1>frontline employee, so someone for instance, in the store managing

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<v Speaker 1>with them, that they are very close. In fact, there's

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<v Speaker 1>a lot of closeness there, and those frontline managers really

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<v Speaker 1>understand the issues. Hey listen, just got about forty seconds

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<v Speaker 1>and we'll come back and chat some more. Jarry, But

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<v Speaker 1>I mean what surprised you most and kind of doing

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<v Speaker 1>this survey and you and I have talked certainly around

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<v Speaker 1>the you know, on air about the I T workers.

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<v Speaker 1>What was the thing that was really just stood out

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<v Speaker 1>for you in the difference? Well, here, I think one

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<v Speaker 1>of the things that surprised me the most, that happens

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<v Speaker 1>to play into what we do, is that that these

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<v Speaker 1>frontline workers say that technology can make a really big difference.

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<v Speaker 1>There's been a lot of discussions about what whether technology

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<v Speaker 1>is good or bad for the frontline. We found that

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<v Speaker 1>a lot of them said they think that it could

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<v Speaker 1>make a huge difference in how they do their work. Hey,

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<v Speaker 1>what are the things in the report you do tackle

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<v Speaker 1>our supply chains and there's a lot of those frontline

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<v Speaker 1>workers who were survey they feel that more could be

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<v Speaker 1>done to help those issues. Talk to us a little

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<v Speaker 1>bit more about the findings there, Jared, Yeah, you bet.

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<v Speaker 1>If we take a step back for a moment, just

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<v Speaker 1>to get a sense, you know, put put ourselves in

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<v Speaker 1>the shoes of frontline worker, of folks who are non

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<v Speaker 1>management positions don't even feel valued as employees right now,

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<v Speaker 1>and that's just a game terrible they're having it's tough.

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<v Speaker 1>And then as we move to the point that you

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<v Speaker 1>were just making about supply chain issues of them say

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<v Speaker 1>that they still feel like more could be done. So

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<v Speaker 1>there's just you know, there's a lot of stress in

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<v Speaker 1>the system. Again, there's a lot that can be done.

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<v Speaker 1>We think it's a really important time, but I think

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<v Speaker 1>knowing what's going on is the half the battle. You know,

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<v Speaker 1>it gets a start on the right foot. Hey, Jared,

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<v Speaker 1>how do we make this better? Because before you before

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<v Speaker 1>the break rather you said that technology can really make

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<v Speaker 1>a difference. Here, walk us through that and how how

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<v Speaker 1>does Microsoft play a role in that? That's um well,

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<v Speaker 1>we have coming out of the report. We have three

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<v Speaker 1>different recommendations. The first is to prioritize culture and communication.

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<v Speaker 1>The second is to really focus in on those frontline

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<v Speaker 1>managers we mentioned a few months a few minutes ago,

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<v Speaker 1>and then this last night of technology. We were really

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<v Speaker 1>hardened to see the technology rank very high on the

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<v Speaker 1>list of things that could have six frontline workers were

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<v Speaker 1>excited about job opportunities that tech creates, and technology ranked

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<v Speaker 1>third on a list of things that they say can

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<v Speaker 1>reduce stress. It was behind more pan vacation, not surprising,

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<v Speaker 1>but it was ahead of mental health and well being benefits.

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<v Speaker 1>So there's this really great opportunity we think we have

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<v Speaker 1>if we'll take a moment, recognize what's going on, really

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<v Speaker 1>lean into these frontline workers with a lot of empathy

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<v Speaker 1>and understand how we can help them and use technology

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<v Speaker 1>to implement our plans. So that's kind of one of

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<v Speaker 1>the big findings coming out of the study. Jared. One

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<v Speaker 1>of the conversations you guys are having at Microsoft that

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<v Speaker 1>you just talked about technology, and I do think about

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<v Speaker 1>there might be certain parts of our world. Despite it

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<v Speaker 1>feels like tech is everywhere and has evaded kind of

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<v Speaker 1>everything that we do and in many ways made it

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<v Speaker 1>easier more functional. Um, but I do wonder about these

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<v Speaker 1>frontline workers, whether it's supermarket workers, healthcare. Increasingly we see

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<v Speaker 1>a lot more technology continuing to go into that area.

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<v Speaker 1>You know, have there been things that you guys say, well,

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<v Speaker 1>wait a minute, here we are Microsoft, here's what we

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<v Speaker 1>can do specifically to kind of change how these workers

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<v Speaker 1>work and improve the situation. The whole idea behind technology

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<v Speaker 1>in a case like this is to empower the individual,

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<v Speaker 1>and that's really what we're all about. What we want

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<v Speaker 1>to do is to give them the information, to give

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<v Speaker 1>them the decision making authority to help them do their jobs.

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<v Speaker 1>That are everybody feels good when they can do a

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<v Speaker 1>good job. And again, if we look at what the

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<v Speaker 1>data says, a third of these frontline workers say that

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<v Speaker 1>they just don't have the right technology to do their jobs.

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<v Speaker 1>So simple examples can help. As a simple example of

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<v Speaker 1>some of the things that we've introduced include a lockie

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<v Speaker 1>talkie function that is a part of what we call

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<v Speaker 1>Microsoft Teams Now. That's an app that you can run

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<v Speaker 1>on your mobile device if you're a frontline worker and

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<v Speaker 1>you know, maybe in a retail store, you have seen

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<v Speaker 1>that before, where someone is able to tap a button

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<v Speaker 1>on the headset and talk to all of their colleagues

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<v Speaker 1>around a store to ask questions. That may seem like

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<v Speaker 1>a simple thing, but that communication goes a long way.

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<v Speaker 1>We also have done some really great work and what

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<v Speaker 1>we call shift integration. This allows you to use technology

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<v Speaker 1>to coordinate when you're just gonna work, when is your shift,

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<v Speaker 1>and if you have problems with that shift, can you

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<v Speaker 1>actually switch it with someone else so that you can

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<v Speaker 1>work Wednesday evening and they can work Wednesday morning. For you.

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<v Speaker 1>So those types of things seem small again because the

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<v Speaker 1>information work the population, A lot of what's happened is

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<v Speaker 1>their world that's been digitized. As we digitize what's happening,

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<v Speaker 1>what's front my workers, we just bring an incredible amount

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<v Speaker 1>of empowerment to them. And Jared, what are the hurdles

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<v Speaker 1>when it comes to adoptions? I mean, how much training

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<v Speaker 1>do some of these these programs and these apps require. Well,

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<v Speaker 1>the idea is to make it so the technology requires

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<v Speaker 1>little to no training. And this comes from the fact

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<v Speaker 1>that we can see in everyday life, in our consumer lives,

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<v Speaker 1>the technology we use often is so easy that it's

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<v Speaker 1>it's just something we pick up. However, we do hear

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<v Speaker 1>from front my workers that they've been given technology that

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<v Speaker 1>either isn't simple enough or where they definitely need training

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<v Speaker 1>and they don't get it. Over half say that they've

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<v Speaker 1>had to learn this new technology without formal training. So

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<v Speaker 1>one of the other implications of the study is as

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<v Speaker 1>we do all of these things, make all these changes,

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<v Speaker 1>including introduced technology, we really need to rethink skilling and

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<v Speaker 1>learning on the job. We think that the way to

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<v Speaker 1>go is what we call just in time skilling, where

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<v Speaker 1>right at the moment when you need it. You get

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<v Speaker 1>the training in small sized pieces as opposed to some big,

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<v Speaker 1>long training course you have to take. Jared, just got

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<v Speaker 1>about thirty seconds here, forty seconds left here. I do

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<v Speaker 1>think about our Bloomberg audience. I'm always thinking about an

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<v Speaker 1>investment perspective in terms of anything and everything we do

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<v Speaker 1>or how it impacts our economic growth going forward. Just

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<v Speaker 1>your final thoughts maybe with that in mind. And again,

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<v Speaker 1>just got about thirty forty seconds. You know, a strong

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<v Speaker 1>front mine means a better bottom line for every company,

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<v Speaker 1>and so we actually think, though these numbers look bleak

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<v Speaker 1>on the surface, that it's an opportunity for real leaders

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<v Speaker 1>to stand up within their industries and companies lean into

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<v Speaker 1>this create an awesome environment for front line workers. And

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<v Speaker 1>again we think that's going to translate into the bottom line.

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<v Speaker 1>All right. Always good to get time with you. Jared's Pittaro,

0:10:48.480 --> 0:10:51.320
<v Speaker 1>corporate vice president, over at Microsoft three sixty five on

0:10:51.360 --> 0:10:53.760
<v Speaker 1>the phone from Redmond, Washington. Jared, by the way, we'll

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<v Speaker 1>be participating in our work Shifting event that's coming up

0:10:56.880 --> 0:11:00.400
<v Speaker 1>on March nine. For more information about it, each check

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<v Speaker 1>out Bloomberg Live dot com. Because a lot going on

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<v Speaker 1>here in our third year of the pandemic. Katie, that's

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<v Speaker 1>the one thing I just can't get my head around.

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<v Speaker 1>I know, I know, and I think about, like the

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<v Speaker 1>last time I went to the movie theater I left

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<v Speaker 1>the country. It's been a while, Carol, Yeah, exactly, even

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<v Speaker 1>just you know, feeling comfortable going out for dinner.