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" Most people make poor partners because their mental script has a defect. They believe focus means looking after their own interests. It's a script error. "
Shiv Nadar
Believe
Own
People
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" In South, getting admission in SSN is not possible just because someone is my relative. One of the ministers said SSN is the only institution where I can't get a seat for anyone. That's true of Uttar Pradesh and Delhi governments, too. "
Shiv Nadar
Someone
Just Because
Only
" The younger you are, the more courage and audacity you will have to set long-term goals and be there to personally work towards your vision. You will have the confidence to take risks because you have time by your side. You can bring innovation into everything you do and constantly reinvent yourself. "
Shiv Nadar
Goals
Work
Time
" On Sundays, we would travel to the town and watch English movies. This way, we must have ended up watching some 1,000 movies during college. "
Shiv Nadar
Watch
Travel
College
" What happens to a private company that comes out with a quarterly report and an annual report? It gives transparency. It talks of basic issues of governance and transactions with related parties. "
Shiv Nadar
Out
Company
Governance
" Supposing I write out a cheque for a billion dollars to the foundation, does it mean anything? There must be evidence of philanthropy. Otherwise, I'm sitting with that money, earning interest exactly the way in my holding company. "
Shiv Nadar
Company
Way
Sitting
" There is only one entity which I built, which is HCL. And the legacy which I want to leave behind that is in my name. There is only one thing which bears my name in the doorsteps - that is only the University and the foundation. And that legacy will not have a price tag. "
Shiv Nadar
Foundation
Want
Price
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
" The need is schools dedicated exclusively to the rural segment. If we have a child from a village and a city studying in the same class room, the former is bound to lag behind because children from the urban areas have a better start. "
Shiv Nadar
City
Better
Start
" My role in the business is to use my judgment. All these years of experience have given me a clear head, and I can give a nonpartisan view with a sense of distance. "
Shiv Nadar
Me
Business
Distance
" Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated. "
Shiv Nadar
Years
Money
Foundation
" We need a world class institution which will create leaders out of the children who have not had a good start in life. "
Shiv Nadar
Start
Children
Good
" If you get to think of sharing wealth with people who need it and the purposes that need it, it gives a very different sense of satisfaction. I think I can build an institution which is very unlike the Gates' foundation. Gates' foundation is totally project-driven, that will serve a specific purpose and then self-destruct. "
Shiv Nadar
You
Think
Purpose
" Any school which wants to create an impact on the society should work on creating leaders. "
Shiv Nadar
Create
Work
School
" Re-skilling has to be much wider with a strong foundation. "
Shiv Nadar
Wider
Foundation
Much
" The government of India is consistently very advanced. When the world was hesitant on UNIX, we were the first to move in; the RBI said that all banks will implement on UNIX. It worked! "
Shiv Nadar
India
World
Will
" A residential school also takes cares of the problem of malnourishment and interaction with their peers, and their teachers help build the qualities of a leader. "
Shiv Nadar
Leader
Help
Teachers
" The Bharat Ram family was into philanthropy a way earlier. They build institutes such as Shri Ram College of Commerce, Lady Shri Ram College, and Shri Ram Schools. They are very inspiring. "
Shiv Nadar
Way
Build
College
" After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way. "
Shiv Nadar
Independence
You
Wealth
" The IP is a completely different side of the IT, and that is what we want Vijayawada for. "
Shiv Nadar
IP
Different
Side
" I admire companies that give back to communities. It is an absolute essential for organizations to watch, mitigate, and improve their impact on the environment, people, communities, their health and overall well-being. But this is a necessary condition, not a sufficient condition. "
Shiv Nadar
People
Health
Environment
" India's connection with philanthropy didn't begin with western influences. The connection with philanthropy is age-old and ingrained in our value systems. "
Shiv Nadar
Philanthropy
Connection
India
" I am good at conceptualizing and building institutions. "
Shiv Nadar
Good
Building
I Am
" I was with top CEOs in 2009, and they were clearly shaken. Top leaders of Wall Street and elsewhere, shaken. The ones at the top did get by because if they are seeing a decline somewhere, there is also growth elsewhere, like in emerging economies. "
Shiv Nadar
Wall
Top
Street
" We didn't create an institution to increase land value or asset value. "
Shiv Nadar
Institution
Land
Value
" My student days in PSG saw three Prime Ministers, two wars, taught us courage, resilience, leadership and optimism. "
Shiv Nadar
Leadership
Courage
Optimism
" Adaptability and constant innovation is key to the survival of any company operating in a competitive market. "
Shiv Nadar
Company
Survival
Key
" I was a very good student. But I didn't have the latitude to study more. I was never allowed to do anything cross-disciplinary. Why can't an engineering student learn physics? "
Shiv Nadar
Study
Good
Learn
" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "
Shiv Nadar
Fund
Flow
Up
" The U.S. healthcare industry is undergoing radical transformation with the Affordable Care Act. Evolving thought and business models have little semblance to present mechanisms. "
Shiv Nadar
Thought
Care
Business