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" 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
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" Globally, as work is re-distributed to various countries, infrastructure will have to be managed remotely. "
Shiv Nadar
Countries
Infrastructure
Will
" Adaptability and constant innovation is key to the survival of any company operating in a competitive market. "
Shiv Nadar
Company
Survival
Key
" 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
" 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
" 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
" 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
" 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
" 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
" In large companies, the CEO is very distant from operations. "
Shiv Nadar
Large
Distant
CEO
" If you are calm about your ambitions, you become confident of achieving what you set out to do. "
Shiv Nadar
You
Confident
Achieving
" 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
" 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
" If you have excellent people, then you have to give them the power. "
Shiv Nadar
Excellent
Give
People
" 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
" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
" 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
" 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
" 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. "
Shiv Nadar
City
Better
Start
" 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 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
Like
Going
" India's connection with philanthropy didn't begin with western influences. The connection with philanthropy is age-old and ingrained in our value systems. "
Shiv Nadar
Philanthropy
Connection
India
" We need schools like Doon and Mayo for the poor. "
Shiv Nadar
Schools
Poor
Need
" 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
" The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. "
Shiv Nadar
Fund
Flow
Up
" 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
" The IP is a completely different side of the IT, and that is what we want Vijayawada for. "
Shiv Nadar
IP
Different
Side
" The moment I write out a cheque, it's an asset I have written off. "
Shiv Nadar
Moment
I Write
Off
" 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
" 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