Corporate history with enough drama for a movie.

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STARTING UP SILICON VALLEY

HOW ROLM BECAME A FORTUNE 500 COMPANY AND A CULTURAL ICON

Business history that will satisfy anyone captivated by Silicon Valley.

Maxfield has written an engaging story about ROLM, a Silicon Valley startup that made its mark in the 1970s and ’80s. According to this insider account based on primary sources and interviews, ROLM was a model of Silicon Valley entrepreneurship that future startups sought to emulate long before consumer technology and social media companies captured the high-tech spotlight. ROLM’s innovative use of emerging digital technologies challenged AT&T’s monopoly position in the telephony business by helping companies save millions of dollars and improving office workers’ productivity. Maxfield fleshes out the story with engineering details, financial data, business strategies and management lessons that will appeal to MBAs eager to create their own successes. ROLM’s founders enjoyed extraordinary success in two distinct businesses—selling digital phone systems to businesses and making military grade computer systems for the Department of Defense. In its heyday, ROLM was a great place to work, with corporate perks such as 12-week sabbaticals for all employees—at full pay—after every sixth year of employment. With tennis courts, a gym, two pools, a gourmet cafeteria and landscaped grounds, its campus headquarters in Santa Clara, California, set a high bar for other companies competing for engineering talent during the late 1970s through mid-1980s. It’s easy to identify with the author’s sadness at how this story ends. ROLM was sold to IBM in 1984, and IBM sold ROLM to Siemens in 1988. The author draws from materials collected by the Silicon Valley Historical Association, newspaper and magazine articles, and interviews with the founders and former employees of ROLM to write a corporate history unusual in its candor. Readers don’t need to know the difference between a PBX and a CBX—although they’ll know after reading this book—to appreciate the intense emotions and exuberant personalities Maxfield portrays. A favorite among employees was ROLM executive Leo Chamberlain, known for “Leo-isms” such as being “ ‘up to our ass in alligators,’ a phrase he used whenever the going got tough.” Few authors have Maxfield’s knack for describing both the forest and the trees, which makes her history of ROLM a worthy model for other histories of Silicon Valley companies.

Corporate history with enough drama for a movie.

Pub Date: April 8, 2014

ISBN: 978-1937110628

Page Count: 368

Publisher: Emerald Book Company

Review Posted Online: April 4, 2014

Kirkus Reviews Issue: May 15, 2014

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Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

GOOD ECONOMICS FOR HARD TIMES

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 29, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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A timely, vividly realized reminder to slow down and harness the restorative wonders of serenity.

STILLNESS IS THE KEY

An exploration of the importance of clarity through calmness in an increasingly fast-paced world.

Austin-based speaker and strategist Holiday (Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue, 2018, etc.) believes in downshifting one’s life and activities in order to fully grasp the wonder of stillness. He bolsters this theory with a wide array of perspectives—some based on ancient wisdom (one of the author’s specialties), others more modern—all with the intent to direct readers toward the essential importance of stillness and its “attainable path to enlightenment and excellence, greatness and happiness, performance as well as presence.” Readers will be encouraged by Holiday’s insistence that his methods are within anyone’s grasp. He acknowledges that this rare and coveted calm is already inside each of us, but it’s been worn down by the hustle of busy lives and distractions. Recognizing that this goal requires immense personal discipline, the author draws on the representational histories of John F. Kennedy, Buddha, Tiger Woods, Fred Rogers, Leonardo da Vinci, and many other creative thinkers and scholarly, scientific texts. These examples demonstrate how others have evolved past the noise of modern life and into the solitude of productive thought and cleansing tranquility. Holiday splits his accessible, empowering, and sporadically meandering narrative into a three-part “timeless trinity of mind, body, soul—the head, the heart, the human body.” He juxtaposes Stoic philosopher Seneca’s internal reflection and wisdom against Donald Trump’s egocentric existence, with much of his time spent “in his bathrobe, ranting about the news.” Holiday stresses that while contemporary life is filled with a dizzying variety of “competing priorities and beliefs,” the frenzy can be quelled and serenity maintained through a deliberative calming of the mind and body. The author shows how “stillness is what aims the arrow,” fostering focus, internal harmony, and the kind of holistic self-examination necessary for optimal contentment and mind-body centeredness. Throughout the narrative, he promotes that concept mindfully and convincingly.

A timely, vividly realized reminder to slow down and harness the restorative wonders of serenity.

Pub Date: Oct. 1, 2019

ISBN: 978-0-525-53858-5

Page Count: 288

Publisher: Portfolio

Review Posted Online: July 21, 2019

Kirkus Reviews Issue: Aug. 15, 2019

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