By Carmen Stinson on Aug 08, 2018
2 min read
There is no doubt that corporate travel risk management landscape has drastically shifted, and that is why we give you 7 tips for minimizing travel risks.
According to iJet, in the last five years, there’s been a 74% increase in the number of alerts published. Nowadays, many of the largest companies have internal corporate security teams to perform destination risk assessments and adequately brief travelers, but this comes at a cost that can be prohibitively high for small and medium enterprises.
The result is that in many cases untrained line managers or HR staff are asked to sign off on overseas travel, and by doing so are accepting liability in an area of extreme care.
The good news is that consulting with an external security specialist can solve mitigate the above problems. It can also be a good investment for a company’s long-term overseas business strategy. It may even form part of the decision-making process in regards to building business operations in a new territory. Quite often, integrating security reviews into the business process can save companies from losing money in an area facing instability or uncertainty, and prevent overseas business investment from going to waste.
Plan Your Corporate Travel Risk Management to Keep Employees Safe:
Provide information about the area
Knowing what your employees are heading towards is a big comfort. Research and briefing on the country, city or neighborhood often reveal exciting facts or tips. And providing guidelines or schedules gives more structure and context for travelers.
Know travelers specific travel needs
It’s important to be aware of any individual requirements needed by the traveler, as well as making sure they are given the appropriate information to manage, reduce or eliminate specific risks. The employer should know of any pre-existing medical conditions and confirm the traveling country has adequate medical facilities.
Run a traveler risk profile
Travelers themselves should be taken into consideration, as complications may arise with the traveler’s nationality, ethnicity, sexual orientation or gender in specific regions.
Have a business travel policy
Travel policies establish that companies are providing efficient support for their travelers and that travelers are aware of the support given. Communication about what is provided and what to expect can go a long way
Encourage employees to take health measures beforehand
Giving guidelines on the destination can help them prepare accordingly. Also, recommend your travelers to visit their doctor to go over specific risks and prevention methods.
Discuss tech and cybersecurity
In this online world tech and cybersecurity is a growing area of concern, so make sure to discuss cyber threat methods and the best ways to thwart them with traveling employees.
Make an evacuation plan or communication plan
Are you prepared if unexpected events arise? Will you be able to immediately communicate with your travelers if they are in an insecure area? Do they know the communication protocol should something appear? Usually, the answer is ‘no.’ Ensure the team knows what to do in case of emergencies.
Corporate travel risk management requires careful planning. While many businesses may see it as an obstacle to doing business overseas, ignoring travel security can be dangerous. The technology commonly used for Corporate Travel bookings can facilitate this process. The more you strive for your employee's safety, the smoother the trip and experience for everyone involved.
Ready to learn more? Contact us and take your corporate travel to the next level.
Director, Global Corporate Travel