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" Education is taken for granted. Teaching shops are different from building character. "
Shiv Nadar
Education
Teaching
Character
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" If you go to Wall Street, there is someone from Harvard, Stanford, etc, who relate to each other by the batch they studied in, the dorm they lived in, and so on. "
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Someone
You
Street
" 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. "
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You
First
Computers
" 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. "
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Believe
I Believe
Good
" 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
" 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
" Since its inception, HCL's core focus area has been technology and product development, and hence, we continued to remain in the high end of technology throughout the '90s. "
Shiv Nadar
Development
End
Focus
" 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
" Each quarter, Indian IT firms publish their results, and these are broadcast on CNBC. From the comfort of their boardrooms, executives say how many new employees have been added, how many more Fortune 500 companies have been signed up as clients, how many million-dollar companies were added, and so on. "
Shiv Nadar
New
Comfort
Employees
" A press statement may be given with a very good intention, but it says nothing beyond it. If it comes from corporations they run, then it is corporate social responsibility (CSR). That's different from philanthropy. CSR is a lot of shareholders, including me. "
Shiv Nadar
Run
Responsibility
Nothing
" 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
" 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
" Our belief is that aspirations, meritocracy, and a world class institution are the three ingredients our country needs. "
Shiv Nadar
World
Class
Country
" 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
" Though easy to define, it is important to understand the significance of philanthropy. I believe it is really a state of mind: where one feels empowered and equipped to fill the huge gaps in the existing system. "
Shiv Nadar
Believe
Mind
Easy
" 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
" A 5-acre school each in Noida and Gurgaon is what we have; it costs Rs. 50 crore to buy the land and another Rs. 50 crore to build the property. That's the capital cost alone. "
Shiv Nadar
School
Property
Build
" Research is creation of knowledge which leads to new and efficient solutions for the society. Shiv Nadar University, therefore, believes in being at the forefront of research. To create new knowledge, one needs to solve open-ended problems, which basically make one think on one's own. "
Shiv Nadar
Research
Knowledge
Think
" 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
" 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
" 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
" When you are running a business, there is a constant need to reinvent oneself. One should have the foresight to stay ahead in times of rapid change and rid ourselves of stickiness in any form in the business. "
Shiv Nadar
Change
Ahead
Business
" We didn't create an institution to increase land value or asset value. "
Shiv Nadar
Institution
Land
Value
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" If you look at the leading Indian IT companies, Cognizant is not active in business process outsourcing, and neither is Satyam. "
Shiv Nadar
Process
You
Business
" Adaptability and constant innovation is key to the survival of any company operating in a competitive market. "
Shiv Nadar
Company
Survival
Key
" I was born in Tamil Nadu. I built HCL in UP. The first computers of the world were built in UP, and the UP government has supported us all through. "
Shiv Nadar
Government
Us
Born
" I was the seventh child in a family of eight siblings. We lost our father very young, and my mother had pretty much single-handedly brought us up. "
Shiv Nadar
Lost
Us
Mother
" My student days in PSG saw three Prime Ministers, two wars, taught us courage, resilience, leadership and optimism. "
Shiv Nadar
Leadership
Courage
Optimism
" I never second-judged my mother. "
Shiv Nadar
Mother
Never
" Since Graham Bell came up with telephony, it took 100 years for the way the technology has impacted our lives, the way we perceive the world. "
Shiv Nadar
Technology
World
Years