Words matter. These are the best Shiv Nadar Quotes, and they’re great for sharing with your friends.
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.
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.
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.
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 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.
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.
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.
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.
Re-skilling has to be much wider with a strong foundation.
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.
In large companies, the CEO is very distant from operations.
The moment I write out a cheque, it’s an asset I have written off.
Any school which wants to create an impact on the society should work on creating leaders.
We need a world class institution which will create leaders out of the children who have not had a good start in life.
The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students.
When you live away from your family, your friends and faculty become your family.
Like education, healthcare also needs to be given importance.
In the future, there are going to be various components of doing business that have to be looked at.
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
If you have excellent people, then you have to give them the power.
To us, the definition of philanthropy is what we spend. A P&L account means expenditure, lines of revenue. There is a surplus; it goes to the balance sheet. A transparent foundation should disclose this.
Working with Roshni gives me lot of confidence. When I started SSN – in 1994, after a windfall gain from HCL-HP then – I was OK to do it alone. My brother, who was supposed to head it, passed away. We had a governing council to run it. That was a leap of faith, and we didn’t know where we will get.
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!
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.
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.
All businessmen – how do they communicate? God knows. Sign language, probably.
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.
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.
Education is and will be the most powerful tool for individual and social change, and we must do all that it takes to facilitate it.
Shiv Nadar University was established in 2011, and our first batch graduated in 2015. The first batch mostly had engineering courses and a B.Sc. programme in Mathematics.
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.
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.
My student days in PSG saw three Prime Ministers, two wars, taught us courage, resilience, leadership and optimism.
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.
The anti-Hindi agitation changed the entire face of Tamil Nadu with a local party emerging on the top, relegating the Congress.
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.
We didn’t create an institution to increase land value or asset value.
Union Budget 2012 has supported industry’s long time demand to improve the provision and standards of education in the country.
The IP is a completely different side of the IT, and that is what we want Vijayawada for.
There is a disconnect in education and work. And corporates don’t do a great job of skilling. In future, corporates and educational institutions will work closely.
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.
If you go to Wall Street, there is someone from Harvard, Stanford, etc, who relate to each other by the batch they studied in, the dorm they lived in, and so on.
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.
I am good at conceptualizing and building institutions.
Any institutions’ alumni are key to its growth. We are focused on giving a global experience to our students.
After Independence, there were periods of very high taxation. So you didn’t create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.
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.
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.
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.
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.
My daughter is very happy doing philanthropy, especially in the schools.
Education is taken for granted. Teaching shops are different from building character.
The SSN Institute will be expanded in areas such as liberal arts, social sciences, natural sciences, communications.
My daughter has no interest in succeeding me in the business. She is going towards social entrepreneurship, an area she is interested in.
I never second-judged my mother.
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.
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.
If you look at the leading Indian IT companies, Cognizant is not active in business process outsourcing, and neither is Satyam.
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.
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