Microsoft CEO Satya Nadella discusses the tech giant's process for hiring and retaining a diverse workforce at the Yahoo Finance All Markets Summit.

Video Transcript

SATYA NADELLA: You need to represent the world. So in some sense, Microsoft's own goals around representation are all about ensuring that we have a very diverse workforce that then allows us to build our products and services that empower the world, which is our mission. In order to go make progress on it, one of the things that we do is really create transparency around these goals. In fact, each year we publish the report-- we're just, you know, getting ready to publish our next report for the year-- where all of the data is available.

And one of the things I also like is each year we publish more data, so there's more transparency. Well, the data, that also comes with metrics that you set. We have a clear set of goals. In fact, compensation, even at the highest level, including mine, are triggered by us hitting these goals. So overall, I feel that we have the right process but a lot of progress that needs to be made. And one of the things that we're also focused on is not just about bringing people in, it's also about the inclusion, right?

The culture of inclusion is an everyday exercise, right? It doesn't matter what happened yesterday, but what is the lived experience of every individual, right? Aggregate data sometimes, you know, it doesn't really represent the lived experience for any individual. And so that's continuous process. You can never claim anything. All you can at least do is to have a culture that allows every leader, every manager, and every employee to have both the confidence as well as the introspection capabilities to say let's just push and make sure that diversity and inclusion are key priorities for us.