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Shiv Nadar Quotes
Shiv Nadar Quotes
Shiv Nadar
Indian
Businessman
Born:
Jul 14
,
1945
Business
Education
Good
Will
World
You
Related authors:
Dinesh Paliwal
Kallam Anji Reddy
N. R. Narayana Murthy
Naveen Jain
Punit Renjen
Rajeev Suri
Ratan Tata
Saroo Brierley
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
Teacher
Time
Good
Good Teacher
Knowledge
Will
Located
Would
One Time
Students
Longer
Also
Very
Role
Anywhere
Helping
Play
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
Others
Carry
Only
Step
Institution
Alumni
Becomes
How
Far
Then
Even
Founder
Any institutions' alumni are key to its growth. We are focused on giving a global experience to our students.
Shiv Nadar
Experience
Key
Giving
Our
Focused
Students
Global
Institutions
Alumni
Any
Growth
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
People
Focus
Looking
Own
Believe
Mental
Most
Make
Partners
Because
Error
After
Script
Poor
Interests
Means
Defect
Like education, healthcare also needs to be given importance.
Shiv Nadar
Education
Needs
Given
Like
Importance
Also
Healthcare
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
Work
Time
You
Confidence
Risks
Courage
Yourself
Innovation
Vision
Goals
Will
Side
Everything
Constantly
More
Take
Towards
Long-Term
Because
Audacity
Personally
Younger
Your
Reinvent
Bring
Set
If you get to think of sharing wealth with people who need it and the purposes that need it, it gives a very different sense of satisfaction. I think I can build an institution which is very unlike the Gates' foundation. Gates' foundation is totally project-driven, that will serve a specific purpose and then self-destruct.
Shiv Nadar
You
People
Wealth
Will
Build
Sense
Think
Unlike
Totally
Gives
Purpose
Purposes
Sharing
Institution
Very
Get
Different
Which
Then
Who
Satisfaction
Foundation
Specific
Serve
Need
Gates
In the future, there are going to be various components of doing business that have to be looked at.
Shiv Nadar
Future
Business
Components
Various
Looked
Doing
Going
The moment I write out a cheque, it's an asset I have written off.
Shiv Nadar
Out
Write
Written
Cheque
Off
Moment
Asset
Education is taken for granted. Teaching shops are different from building character.
Shiv Nadar
Education
Character
Building
Taken
Taken For Granted
Shops
Different
Granted
Teaching
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
Too
Relative
Possible
Ministers
Admission
Someone
Delhi
Only
True
Institution
Because
Said
South
Governments
Get
Getting
Just
Where
Just Because
Anyone
Seat
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
Good
Superior
Believe
Every
Corporate
Critical
Leading
Institution
Industry
Returns
Governance
Creating
Enhancing
Growth
Profitable
Competitiveness
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
Business
Care
Thought
Transformation
Radical
Evolving
Undergoing
Industry
Healthcare
Semblance
Affordable
Models
Affordable Care Act
Little
Act
Mechanisms
Present
Re-skilling has to be much wider with a strong foundation.
Shiv Nadar
Strong
Much
Foundation
Wider
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
Digital
Those
Colleagues
Division
Advanced
Calculator
Were
Integrated
Versions
Which
Chips
Then
Worked
Used
Engineers
Who
Electronic
Using
Started
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
You
Organization
Will
Rest
Thinking
Innovate
Those
About
Lead
Smaller
Pieces
Talked
Parts
Them
Should
Nourish
Technologies
Need
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
Somewhere
Elsewhere
Top
Seeing
Shaken
Emerging
Leaders
Clearly
Economies
Like
Also
Because
Were
Wall
Wall Street
Get
Did
Decline
CEOs
Street
Growth
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
Related
Out
Gives
Parties
Annual
Talks
Governance
Issues
Private
Report
Transactions
Happens
Transparency
Company
Basic
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.
Shiv Nadar
Balance
Disclose
Philanthropy
Spend
Definition
Sheet
Revenue
Surplus
Lines
Account
Goes
Expenditure
Us
Should
Means
Transparent
Foundation
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
Buy
Alone
Property
School
Build
Cost
Costs
Another
Land
Capital
Each
The future consists of cross specialisation; that is how university systems abroad have evolved.
Shiv Nadar
Future
Consists
Systems
Evolved
Cross
Abroad
How
University
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
Me
Business
Daughter
No Interest
Area
Entrepreneurship
Towards
She
Going
Interest
Interested
Social
Succeeding
My daughter is very happy doing philanthropy, especially in the schools.
Shiv Nadar
Happy
Daughter
Philanthropy
Schools
Doing
Very
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
Seen
Address
Extremely
Would
Something
Only
Area
Through
Share
Like
Well
Perpetuity
Done
Going
Being
Which
Being Done
Bill
Bill Gates
Ills
Foundation
Gates
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
Opportunities
Research
Programmes
Students
Undergraduate
Undertake
Encouraged
Trained
Get
Unique
Level
Programme
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.
Shiv Nadar
Mathematics
First
Engineering
Batch
Our
Had
Mostly
Courses
Graduated
Established
Programme
University
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