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" 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
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" If you have excellent people, then you have to give them the power. "
Shiv Nadar
Excellent
Give
People
" 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
" 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
" 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
" As a product of education, I have always believed in the power of education as the most powerful, high-impact catalyst for transformation. Look at the impact that the Indian Institutes of Technology have had globally. "
Shiv Nadar
Education
Power
Powerful
" 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
" 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
" My daughter has no interest in succeeding me in the business. She is going towards social entrepreneurship, an area she is interested in. "
Shiv Nadar
Daughter
She
Business
" 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
" 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
" 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
" 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
" I am good at conceptualizing and building institutions. "
Shiv Nadar
Good
Building
I Am
" 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. "
Shiv Nadar
Someone
You
Street
" 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
" 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
" 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
" Re-skilling has to be much wider with a strong foundation. "
Shiv Nadar
Wider
Foundation
Much
" 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
" If you are calm about your ambitions, you become confident of achieving what you set out to do. "
Shiv Nadar
You
Confident
Achieving
" A founder can carry an institution only so far, and then others have to step in, even the alumni. That's how an institution becomes one. "
Shiv Nadar
Step
Alumni
Carry
" In the future, there are going to be various components of doing business that have to be looked at. "
Shiv Nadar
Future
Business
Going
" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "
Shiv Nadar
Fund
Flow
Up
" Working with Roshni gives me lot of confidence. When I started SSN - in 1994, after a windfall gain from HCL-HP then - I was OK to do it alone. My brother, who was supposed to head it, passed away. We had a governing council to run it. That was a leap of faith, and we didn't know where we will get. "
Shiv Nadar
Alone
Confidence
Brother
" Education is and will be the most powerful tool for individual and social change, and we must do all that it takes to facilitate it. "
Shiv Nadar
Powerful
Change
Education
" I have talked about the 'fractal organization'. Those smaller pieces should innovate and lead the rest of the organization. There will be parts that will be thinking about technologies of the future, and you need to nourish them. "
Shiv Nadar
Future
Thinking
Rest
" 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
" 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
" All businessmen - how do they communicate? God knows. Sign language, probably. "
Shiv Nadar
How
Knows
God
" The IP is a completely different side of the IT, and that is what we want Vijayawada for. "
Shiv Nadar
IP
Different
Side