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" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
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" Union Budget 2012 has supported industry's long time demand to improve the provision and standards of education in the country. "
Shiv Nadar
Budget
Time
Long Time
" Any organisation has to go through at least one depression to see how it survives, and a normal economic cycle takes seven years. "
Shiv Nadar
Normal
How
Go
" The future consists of cross specialisation; that is how university systems abroad have evolved. "
Shiv Nadar
How
University
Future
" We invited HP executives to participate in the management and in the board. HCL had this concept of corporate officers since inception in 1999. We had a remuneration committee. Now everyone is talking about nomination and remuneration committee. We had this from 1999. "
Shiv Nadar
Talking
Now
Management
" If you are calm about your ambitions, you become confident of achieving what you set out to do. "
Shiv Nadar
You
Confident
Achieving
" You have to be very skilled in this industry. I grew in this industry; we created the very beginnings of this industry. We made the first PCs (personal computers) in the world. "
Shiv Nadar
You
First
Computers
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" 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
" It is good to start as young as you can. What is more important is to carve out your vision and assess your readiness to start giving. Commitment and purpose are core to giving. "
Shiv Nadar
Vision
Purpose
Good
" The IP is a completely different side of the IT, and that is what we want Vijayawada for. "
Shiv Nadar
IP
Different
Side
" 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
" When you take the best of universities in the world, all of them have research and education contiguous; the person who teaches you could be a Nobel laureate. Some subjects are at the tri-junction of many subjects put together. "
Shiv Nadar
Best
Education
Together
" Re-skilling has to be much wider with a strong foundation. "
Shiv Nadar
Wider
Foundation
Much
" It's rare to find an Indian who speaks Chinese. It's rare to find a Chinese who can speak any of the Indian languages. Neither of them at the trading level - I want to repeat this, at the trading level - can speak English, either. "
Shiv Nadar
Find
Rare
Repeat
" 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
" To us, the definition of philanthropy is what we spend. A P&L account means expenditure, lines of revenue. There is a surplus; it goes to the balance sheet. A transparent foundation should disclose this. "
Shiv Nadar
Foundation
Balance
Philanthropy
" The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress. "
Shiv Nadar
Local
Congress
Face
" 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 1980s were fantastic. This was a time when we were at the peak of our creative work. The question of whether we would exist or not - something which everybody used to ask, including ourselves - stopped. Profits kept pace with growth requirements. HCL had credibility - that was the biggest barrier we had to break. "
Shiv Nadar
Growth
Time
Work
" All businessmen - how do they communicate? God knows. Sign language, probably. "
Shiv Nadar
How
Knows
God
" The SSN Institute will be expanded in areas such as liberal arts, social sciences, natural sciences, communications. "
Shiv Nadar
Will
Liberal
Arts
" I firmly believe that philanthropy is most effective and outcome-oriented when you ensure that your pledge actually gets spent. "
Shiv Nadar
Pledge
You
Philanthropy
" I believe good corporate governance is critical in enhancing competitiveness and creating industry - leading profitable growth and superior returns for every stakeholder of the institution. "
Shiv Nadar
Believe
I Believe
Good
" Major forces that have contributed to the evolution of philanthropy in India in the pre-modern era have mainly been driven by religion, family, and society. The Hindu teaching of 'daan' or 'giving' is present in different ways in almost every celebration or ritual. "
Shiv Nadar
Religion
Family
Giving
" 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
" I never second-judged my mother. "
Shiv Nadar
Mother
Never
" 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
" 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
" 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
" HCL is a corporation. It is for profits. A corporation stands for its shareholders, its profits, its employees, its discoveries, and its customers. "
Shiv Nadar
Employees
Shareholders
Customers