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" 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
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" If you have excellent people, then you have to give them the power. "
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" 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
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Help
Teachers
" 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
" 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. "
Shiv Nadar
Learn
Physics
Mathematics
" 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
" 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. "
Shiv Nadar
Good Teacher
Teacher
Knowledge
" 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 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
" When you live away from your family, your friends and faculty become your family. "
Shiv Nadar
Family
Become
Away
" We need schools like Doon and Mayo for the poor. "
Shiv Nadar
Schools
Poor
Need
" Shiv Nadar University has five schools with 16 departments offering 14 undergraduate, 10 master's and 13 doctoral programmes. The demand for engineering courses - computer science, engineering, electronics, communication engineering, mechanical engineering - is slightly on the higher side compared to other engineering courses. "
Shiv Nadar
Communication
Engineering
Science
" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
" 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
" Even before the world had any cognizance of India as an economy, HCL had made a mark with its microprocessor in the '80s. HCL pioneered modern computing. "
Shiv Nadar
Modern
Had
India
" 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
" The future consists of cross specialisation; that is how university systems abroad have evolved. "
Shiv Nadar
How
University
Future
" My colleagues and I were engineers who worked for DCM's calculator division. These electronic calculators used digital integrated circuits, and then they started using chips. The advanced versions of those chips were used for programmable calculators, which were the forerunners of PCs. "
Shiv Nadar
Colleagues
Digital
Division
" Education is taken for granted. Teaching shops are different from building character. "
Shiv Nadar
Education
Teaching
Character
" 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
" 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
" 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
" 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
" At what age did Warren Buffett come into philanthropy? At 76. He gave a very good reason. He said his wife was considerably younger than him. And all Americans believe they would live till 80, and they do live till 80. He told his wife that when he is gone, she should take care of whatever they need to do. "
Shiv Nadar
Care
Age
Believe
" 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
" Adaptability and constant innovation is key to the survival of any company operating in a competitive market. "
Shiv Nadar
Company
Survival
Key
" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "
Shiv Nadar
Fund
Flow
Up
" 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
" Government, in its ultimate form, is the biggest philanthropher based in the world. And Bill Gates also said that he could do a small part of what the government can do, which is business philanthropy, equalling people and making sure there is inclusiveness. "
Shiv Nadar
People
Government
Business
" I am good at conceptualizing and building institutions. "
Shiv Nadar
Good
Building
I Am
" 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