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Don Draper and Business Culture Progress

I don’t watch Mad Men, but I hear it is the best show currently on TV from a lot of people I respect.

One of the most touted aspects of the show is that its period-piece realism lets viewers time travel to a bygone era of American business. A time when Madison Avenue ruled the advertising world and set the tone for consumer products. A time when the political correctness and general kid-gloves corporate culture of today didn’t exist. A time when white men strong-armed their way through the business world by any means necessary, giving little care to the rules, regulations and corporate guidelines they were technically supposed to obey — and running into few obstacles preventing them from behaving that way.

While those times and the people that lived in them are romanticized very well by Mad Men‘s creators, it’s probably a way of life best left in the past. Sure, the changes that have occurred since then have led to out-of-control litigation, and we now live in an over-sensitive culture where it can be nearly impossible to make tough decisions without upsetting some group of critics.

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And, sure, legal risks, safety violations, environmental issues and dozens of other worries represent a whole host of risks that businesses rarely had to plan for in the past.

But — mostly — change has been progress.

New rules have helped move (at least a few) women to the top of the corporate ladder.

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They have helped curtail discrimination. And they have ensured that business leaders (usually … OK, at least sometimes) follow the law of the land. Generally, the business world is a fairer and more equitable environment in which more accountability, respect and professionalism is demanded from all parties.

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Plus, the risk management of today is much better — meaning that all you risk managers have jobs and influence that never would have existed in the days of Don Draper, the main character of Mad Men (played by Jon Hamm).

But what it Don Draper existed today?

Well, wouldn’t you know it, the blog Put This On has shed some light on that very question — by creating an image showing what Draper would look like if his image was sketched by the Wall Street Journal. And, rest assured, if this ad-selling, chain-smoking, womanizing, former used-car selling exec was around today, there would probably be a reason for him to pop up on the Journal‘s front page.

Quite often.

Willis to Sponsor Brooklyn Nets Arena; Joe Plumeri Looking Forward to Working with Jay-Z

Just days after Aon officially unveiled its new, marque sports sponsorship, rival insurance broker Willis has announced one of its own. OK, it hasn’t aligned with the most popular soccer team in the world like Aon. But Willis has partnered with the arena that will soon be home to the worst team in the NBA …

… so there’s that.

All kidding aside, though, partnering with the the Nets future home, the Barclays Center, should be a good move for Willis.

Sure, the New Jersey Nets finished with the worst record of any professional basketball team last season, but they are on the rise and will soon be moving to Brooklyn (likely by 2012). For a company that has been reinventing itself and quickly expanding its reach over the past few years — first with a game-changing acquisition of HRH in 2008 and then in buying the world-renowned Sears Tower in 2009 — this is just another targeted get-the-name-out-there move.

New York is the world financial capital and, now, Willis will have a presence alongside what is sure to be a major headline-grabbing organization for years to come. When it comes to the big three professional sports leagues in the United States (the NFL, MLB and NBA), there hasn’t been a new franchise in the city since the New York Mets were founded in 1962. And Brooklyn hasn’t had its own team since the Dodgers left for California in 1958. Although there is some major opposition to arena that Willis will be putting its name within (mostly due to a corporate, revenue-seeking stadium being put square in the heart of the borough and displacing many long-time residents), there is little doubt that the NBA team that plays there will also be embraced by many others. Within its first few weeks there — even if the team is not great — the Brooklyn Nets will become one of the toughest tickets to get in all of New York. There will be buzz aplenty about the Barclays Center.

So it’s no wonder that Joe Plumeri is excited to team up with the Barclays Center, the future home of the Nets.

“Brooklyn is a great global brand that’s reaching new heights with the Barclays Center. The borough has earned a storied place in sports mythology, from the heroics at Ebbets Field to being the birthplace of legends such as Vince Lombardi, Joe Torre and Joe Paterno,” said Joe Plumeri, Chairman and CEO of Willis.

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“Willis helps manage the world’s most complex risks, and we look forward to both helping the Barclays Center through its multi-faceted construction process and, when the arena is opened, to working with Mikhail Prokhorov, Bruce Ratner, Brett Yormark, Jay-Z and their team to carry Jackie Robinson’s legacy forward and bring a new generation of champions to Brooklyn and New York.”

Yes, that’s right.

Plumeri is looking forward to working with rap mogul Jay-Z, who is a minority owner of the team.

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 It seems fitting, then, that just a few years after we published an article about Jay-Z’s enormous endorsement power, Joe is now signing on to sponsor a team Jay (sorta) owns. Maybe he can get Mr. Z to rhyme a few songs about insurance broking?

Crazier things have happened.

Jay-Z-Prokhorov-BluePrint

Along with minority owner/rap legend Jay-Z and real owner/Russian billionaire Mikhail Prokhorov, Willis is joining the Nets Brooklyn blueprint for greatness by partnering with the Barclays Center that will become the team’s home.

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The Mets Are Trying to Give You Salmonella

Mets Citi Field

Like clockwork, the New York Mets fill their fans with heartache every September. Now, it looks like they’re trying to get an early start on some stomach aches, too.

According to ESPN’s list of stadium “vendor inspection reports,” Citi Field is rife with health code violations, at least one of which included a bunch of warm, raw chicken being stored on premises

Citi Field
New York Mets
Vendors with critical violations: 45%
Inspection report excerpt: Inspectors found 20 pounds of grilled chicken registered at 70 degrees in a refrigerator, about 30 degrees warmer than allowed.

Yuck.

But the Mets are far from the worst offenders. The Consumerist has compiled it’s “Top 10 Disgusting Stadium Food Vendor Health Violations.” (I presume they mean the “top” 10.)

Look what’s going on in Miami — in a stadium named after an insurance company no less.

Sun Life Stadium
Miami Dolphins, Florida Marlins
Vendors with critical violations: 93%
Inspection report excerpt: In June 2009, an employee complained anonymously that small insects and other debris were blended into frozen alcoholic beverages at a stand where equipment wasn’t being cleaned. When inspectors checked, they issued a critical violation for a buildup of slime inside the frozen drinks machine.

I guess the lesson here is to stick to the peanuts and Cracker Jacks.

In related news, Claire Wilkinson of the wonderful III blog Terms + Conditions just wrote an interesting post on food safety. Focusing on an op-ed from this Sunday’s New York Times urging Congress to improve standards and grant more authority to the FDA.

While the elderly and people with compromised immune systems face an elevated risk from food borne pathogens like listeria, campylobacter and salmonella, by far the most vulnerable group are children under the age of four.

The economic cost of the problem is also huge. A recent study sponsored by Pew Charitable Trusts puts the total annual health-related cost of food-borne illness in the U.S. at about $152 billion.

Schlosser notes that legislation in the Senate would give the Food and Drug Administration (FDA) the power to order the recall of contaminated foods and punish companies that knowingly sell them. It would also improve the FDA’s ability to trace outbreaks back to their source.

No word, however, on whether or not the FDA can help the Mets crawl back into the Wild Card race.

Learning Through Destruction at FM Global

FMglobal

FM Global’s Research Campus is one of the more interesting things about the insurance industry. Basically, what the company did was build a giant, airplane-hanger-sized warehouse so it would have a place to blow things up. It’s not all fun and pyromania, however. The real value comes from what FM Global observes.

By testing the destructive potential of certain disaster scenarios, the company is able to better understand how building materials, walls, windows, roofs, houses, warehouses and even entire industrial facilities can be fortified to withstand the worst.

It’s all about loss control, really.

For example, the company might do an experiment to find out how much wind it takes to compromise the structural integrity of the Model ABC Roof Flashing sold by XYZ Company if it is installed with 12 half-inch nails. If the wind exposure (both in MPH and duration) that sends the flashing flying is a realistic figure to expect in a certain location (say, Florida) then you now know that it is not the best building material to use if you’re building a tiki restaurant in South Beach. On the other hand, if the flashing does withstand 160 mph winds for 30 minutes, the company now knows it won’t fail in anything but the most catastrophic storm.

Such knowledge is great for the industry at large — it helps all stakeholders learn how building materials hold up in disasters. And the proprietary results are even better for FM Global — they help the company be extremely confident in its underwriting decisions.

Rudd Bosman explains as much in the video below, which complements a new article on the campus that Fortune published in its latest issue. “We spent well over $100 million in capital expense on this facility. It’s absolutely worth it. It’s where we learn what we need to do to prevent losses from happening. That knowledge is invaluable.”

A few years ago, our Editor in Chief Morgan O’Rourke got the chance to tour FM Global’s Research Campus on a day where some serious explosions were taking place.

Outside, it was a quiet, clear January day in the woods of western Rhode Island. But hidden just off the road, in a relatively nondescript structure, I stood in awe some 100 feet away from the largest fire that I had ever seen. A fuel leak had caused a blaze nearly three stories high with flames so intense that the facility’s emergency sprinkler systems were actually making it worse. When the water came in contact with the burning fuel, it caused a reaction much like what happens when water is splashed on a grease fire in the kitchen. Huge fireballs erupted, threatening to engulf the ceiling and the sensitive machinery located there. Even from my distant vantage point, it was very hot and very impressive. It was also a simulation. Welcome to just another day at the office for the scientists and engineers at the FM Global Research Campus.

Check out the rest of Morgan’s feature for more on the most destructive place in insurance.

You can also find more about the campus on FM Global’s website.