I think one of the most important things we can teach children and students is to get rid of the fear of failure and we are not doing enough of that for going forward. The fear of failure should not act as an inhibitor. I was talking to someone the other day and he made a very interesting comment. He set up a company in the US and he is hiring a lot of people in Chennai. He said, “I see all these resumes of people with 6-7-8- years of experience – and you know – the shocking thing, is that instead of really being 7 years of experience, it is 1 year of experience done 7 times over, because they have changed jobs every year! And he says you just cannot call that experience.”
Experience is very important, and we’ll come back to that. We need to do a lot more deeper thinking and introspection on the future, on what we want to create in India. We are at a very interesting time. It’s great we’re having this discussion here today. I think we have a singular opportunity in India to really redefine what next generation higher education should look like. Whether you want to do imitation or innovation is really something we have to decide. Innovation needs skills, and skills need the combination of these three E’s that I just referred to – education, entrepreneurship and experience. And the core of it is, how do you get high quality education.
I want to cover three topics — the type of education, the role of technology in education, and the role of government in education. These are large areas, but I’ll cover brief aspects of these.