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How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.

Naveen Jain

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Naveen Jain
Age: 65
Born: 1959
Born: September 6
Businessperson
Entrepreneur
UP
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Tata
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Employee
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More quotes by Naveen Jain

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As a father, I believe that involving children in sports at a young age is generally, a wise proposition. I believe that healthy competition is... well... healthy that sporting events foster a spirit of teamwork that far surpasses the events themselves and that active participation keeps children moving and is good for their self-esteem.
Naveen Jain
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The U.S. has spent billions of dollars on educating and supporting teachers or developing curricula but no resources are applied to 'improving the brain' that a student brings to the classroom.
Naveen Jain
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Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
Naveen Jain
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Governments take too long to get things done and there are far too many varied interests at stake. If you were starting a business today and needed a partner, you would never choose a large bureaucratic institution like the government.
Naveen Jain
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The United States of America became the envy of the world because we welcomed the best and brightest minds from anywhere on the planet and gave them the opportunity to succeed.
Naveen Jain
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I believe that incentivized prizing is the best solution to help unlock the answers to the some of the profound problems that plague our planet.
Naveen Jain
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I believe our legacy will be defined by the accomplishments and fearless nature by which our daughters and sons take on the global challenges we face. I also wonder if perhaps the most lasting expression of one's humility lies in our ability to foster and mentor our children.
Naveen Jain
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Our education system was developed for an industrial era where we could teach certain skills to our children and they were able to use these skills for the rest of their lives working productively in an industry.
Naveen Jain
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As a child I experienced firsthand the severe effects of poverty and illiteracy, especially upon women and children. My parents taught me the importance of education and that it was a key to improving an individual's life.
Naveen Jain
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It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
Naveen Jain
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Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle the win comes from basic blocking and tackling.
Naveen Jain
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Great entrepreneurs focus intensely on an opportunity where others see nothing.
Naveen Jain
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Sometimes a faint voice based on instinct resonates far more strongly than overpowering logic.
Naveen Jain
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My children have been learning lessons about entrepreneurship since they were in kindergarten, and these lessons are paying off: even though they are only 22, 18, and 15, they have already collectively launched three nonprofit organizations and several new businesses.
Naveen Jain
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Because I was poor I had one special advantage. When you are poor, and basic survival is your concern, you have no alternative but to be an entrepreneur. You must take action to survive just as you must take action to seize an opportunity.
Naveen Jain
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Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and, unfortunately, extremely pervasive.
Naveen Jain
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Just think of the opportunities we can unlock by making education as addictive as a video game. This type of experiential, addictive learning improves decision-making skills and increases the processing speed and spatial skills of the brain. When was the last time your child asked for help with a video game?
Naveen Jain
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'Being green' is commendable, but I hope that people don't take too much pride and self-adoration because they shut off the water when they brushed their teeth. The truth of the matter is, conservation alone will do little to save our planet.
Naveen Jain
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Every day you spend becoming an expert in a field, you become more useless in that field.
Naveen Jain
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I have seen humility in many of the finest leaders I have met the world over. And indeed, it is embodied in the warm, engaging and quintessentially successful spirit of Sir Richard Branson.
Naveen Jain