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" We need schools like Doon and Mayo for the poor. "
Shiv Nadar
Schools
Poor
Need
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" If you have excellent people, then you have to give them the power. "
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Excellent
Give
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
" 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. "
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Talking
Now
Management
" We got our land at the right time, but when we go for additional land for our schools or the museum, there will be extra cost. "
Shiv Nadar
Right
Land
Time
" 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
" 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
" 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
" 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
" 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
" 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
" My daughter is very happy doing philanthropy, especially in the schools. "
Shiv Nadar
Daughter
Happy
Doing
" 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 younger you are, the more courage and audacity you will have to set long-term goals and be there to personally work towards your vision. You will have the confidence to take risks because you have time by your side. You can bring innovation into everything you do and constantly reinvent yourself. "
Shiv Nadar
Goals
Work
Time
" 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
" 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
" Globally, as work is re-distributed to various countries, infrastructure will have to be managed remotely. "
Shiv Nadar
Countries
Infrastructure
Will
" The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress. "
Shiv Nadar
Local
Congress
Face
" 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
" If you are calm about your ambitions, you become confident of achieving what you set out to do. "
Shiv Nadar
You
Confident
Achieving
" 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
" 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
" 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
" 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
" 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
" 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
" The moment I write out a cheque, it's an asset I have written off. "
Shiv Nadar
Moment
I Write
Off
" 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
" 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
" 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
" 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