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" We didn't create an institution to increase land value or asset value. "
Shiv Nadar
Institution
Land
Value
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" 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. "
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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. "
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Government
Us
Born
" 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. "
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Step
Alumni
Carry
" Education is a very large area, and we have our hands full. For example, SSN has to become a university; we have to keep adding departments like it is with universities in the U.S. "
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Become
University
Education
" 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. "
Shiv Nadar
Out
Company
Governance
" The Bharat Ram family was into philanthropy a way earlier. They build institutes such as Shri Ram College of Commerce, Lady Shri Ram College, and Shri Ram Schools. They are very inspiring. "
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Way
Build
College
" 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. "
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Future
Thinking
Rest
" In large companies, the CEO is very distant from operations. "
Shiv Nadar
Large
Distant
CEO
" 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
" 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
" I never second-judged my mother. "
Shiv Nadar
Mother
Never
" 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
Me
Business
Distance
" 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
" At the undergraduate level, SNU has a unique 'Opportunities for Undergraduate Research' programme. Students are encouraged to undertake research programmes at the undergraduate level and get trained in the interdisciplinary research. "
Shiv Nadar
Research
Level
Unique
" Any institutions' alumni are key to its growth. We are focused on giving a global experience to our students. "
Shiv Nadar
Experience
Alumni
Growth
" 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
" 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
" An 18-year-old is good enough for our business, and we can teach them engineering in two years. "
Shiv Nadar
Enough
Business
Good
" 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
" 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
" 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
" 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
" 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
" 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. "
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Change
Ahead
Business
" 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
" We invited HP executives to participate in the management and in the board. HCL had this concept of corporate officers since inception in 1999. We had a remuneration committee. Now everyone is talking about nomination and remuneration committee. We had this from 1999. "
Shiv Nadar
Talking
Now
Management
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" 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
" 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. "
Shiv Nadar
Believe
I Believe
Good
" 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? "
Shiv Nadar
Study
Good
Learn