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In this video tutorial by Deborah Dalglish from Contextures.com, viewers learn how to create a schedule using a drop-down list of employee names to streamline the selection process. The tutorial focuses on a formula utilizing new Excel 365 functions, specifically sort and filter. For users of earlier Excel versions, an alternative method is provided on the website. The tutorial begins with a review of the current setup, where a data validation cell links to a named range, allowing all employee names to be displayed. However, previously selected names remain in the list, which can lead to potential selection errors. The video emphasizes the importance of modifying this setup to avoid such issues.