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" 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

Business

Distance

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" 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. "

" In the future, there are going to be various components of doing business that have to be looked at. "

" 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. "

" The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress. "

" Education is taken for granted. Teaching shops are different from building character. "

" We didn't create an institution to increase land value or asset value. "

" 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. "

" I would like to share something that is being done extremely well by Bill Gates through the Bill & Melinda Gates Foundation. The foundation is only going to address areas which are seen by Bill or Melinda as ills of the world. The foundation has no perpetuity. "

Shiv Nadar

World

Going

" 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. "

" Adaptability and constant innovation is key to the survival of any company operating in a competitive market. "

" We need schools like Doon and Mayo for the poor. "

" 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. "

" 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. "

" 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. "

" 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. "

" 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. "

" India's connection with philanthropy didn't begin with western influences. The connection with philanthropy is age-old and ingrained in our value systems. "

" 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? "

" 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. "

" I never second-judged my mother. "

Shiv Nadar

Mother

Never

" My daughter has no interest in succeeding me in the business. She is going towards social entrepreneurship, an area she is interested in. "

" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "

Shiv Nadar

Fund

Flow

" 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. "

" When I got started in my own engineering course, my interest in physics and maths was very high. After all, engineering is all about applied maths and physics. If I were to learn anything further in physics or mathematics, it simply was not there. "

" Union Budget 2012 has supported industry's long time demand to improve the provision and standards of education in the country. "

" Globally, as work is re-distributed to various countries, infrastructure will have to be managed remotely. "

" One time, the teacher was the storehouse of knowledge. That will no longer be so. So what would a teacher do? A very good teacher will play the role of augmenter. Also, the teacher will be located anywhere and helping students. "