In a survey of over 200 C-suite executives, emergency management software firm Everbridge found only 24% of businesses have a solid travel risk management program as defined by ISO 31030. One key factor was a fundamental knowledge gap, with only 27% of respondents saying they have a clear understanding of their organization’s risk profile. Additionally, only 21% of respondents felt that their organization had adequate pre-trip risk assessment measures in place, and 45% thought their organization was able to respond efficiently and effectively to the potential threats caused by conflicts, protests, terror attacks, severe weather events or natural disasters. Just 19% said that travel risk management policies and procedures were effectively communicated and understood throughout their organization.
To maintain their duty of care, Everbridge recommended that organizations brush up on ISO 31030 guidelines to avoid vital shortfalls and continually review their travel policies and programs to ensure they are up-to-date and effective as risks evolve.