Team building and innovation are the skills to fight Covid-19

Bill Gates says his days as co-founder and CEO of Microsoft contributed to the success of today’s work with the Bill and Melinda Gates Foundation.

“For me, the skills I have built up in my career match the Foundation’s work very well.” It finances projects aimed at public health, extreme poverty, and education around the world, including supporting the fight against the Covid-19 pandemic. Gates said at the Fast Company Impact Council annual meeting on June 30.

For example, “Microsoft’s research agenda” was “promoted by the market and the creation of magical software.” Gates said he founded Microsoft with Paul Allen in 1975.

And when he founded the foundation in 2000, he was attracted to global health because it was a “huge under-investment” area.

In fact, in January 2019, Gates wrote in The Wall Street Journal that the Foundation invested $10 billion to provide medicines to people in need. He said there are $200 billion in social and economic benefits.

While Gateshad “learns a lot about biology” to keep up with global health issues and initiatives, his willingness and solution to “boost new ideas” is similar to innovation at Microsoft I told the fast company.

For example, Microsoft helped transform personal computing by investing in the operating system launched as MS-DOS 1.0, which runs IBM’s first personal computer.

Similarly, the Gates Foundation is committed to the world of high-tech toilets (designed to turn human waste into fertilizer to improve water sanitation and hygiene in poor countries) and to develop genetically engineered mosquito species. Are investing in innovations that can help change To kill mosquitoes carrying other malaria).

Not only does it drive innovation, Gates said, “I like to build a team of great people.” The fast company understood the challenges of vaccine delivery and helped innovators to look at long-term issues, he said.

“It’s a fun job to make a great team,” Gates said. “Even when dealing with tragic situations, we are making progress,” he said.

Of course there are differences.

“When I moved from my first career at Microsoft to a second career in philanthropy, I didn’t expect my success rate to change significantly,” Gates wrote in his 2019 WSJ essay. .. “It will be as difficult as discovering a new vaccine, then the next high-tech unicorn,” he said, but the vaccine “is much more difficult.

Nonetheless, Gates told First Company that he expects one of the Covid-19 vaccines to be available by early 2021.

So far, the Gates Foundation has pledged $1.6 billion to the global vaccine alliance, Gavi, and donated more than $300 million to fund the treatment of coronaviruses and the development of vaccines.

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