Many organizations are falling short when it comes to travel risk management
- Details
- Published: Thursday, 27 April 2023 08:42
Everbridge has revealed findings which show that only 24 percent of surveyed organizations have a strong travel risk management (TRM) programme in place. The results come from the company’s year-long study of more than 200 global C-suite executives.
The survey’s key findings include:
- Only 24 percent of respondents have a solid travel risk management programme in place as defined by ISO 31030, the international standard for travel risk management.
- Only 27 percent of respondents have a clear understanding of their organization’s risk profile.
- Only 36 percent of respondents feel that their TRM policies are aligned with other organizational policies.
- Only 21 percent of respondents feel that adequate measures are in place to safeguard travellers.
- Only 19 percent feel that policies and procedures have been effectively communicated and understood.
- 81 percent believe their organization needs to improve the way their TRM programme is evaluated and reviewed.
