Navigating the complexities of business travel has always been a daunting task, but as we’ve recently explored in our ‘Redefining Care’ blog series, changes in travel habits, the needs of a Gen-Z workforce, and higher expectations from employees are all leading to an increased need to ensure that traveller safeguarding is never compromised.
This blog will explore what ISO 31030 is, its critical benefits, and why aligning your travel risk management policies with this standard is key when it comes to protecting and safeguarding modern business travellers.
What is ISO 31030?
Simply put, ISO 31030 is the first international standard specifically focused on travel risk management. Launched in September 2021, it derives from the ISO 31000 Risk Management standard, but is tailored to address the unique challenges of business travel. Whether domestic or international, this flexible framework can be adapted to meet the specific needs of any organisation, ensuring the health, safety, and security of employees on the move.
Why is it so important?
Travel risks are more prevalent than ever – whether it’s political unrest in a particular country, or an unexpected natural disaster, sometimes business trips don’t go as smoothly as planned. Therefore, having a robust framework for managing these risks is essential. ISO 31030 offers a comprehensive approach to identifying, assessing, and mitigating travel risks, giving organisations and their travellers peace of mind.
Promote a culture of trust
Implementing ISO 31030 helps promote a culture of trust within your organisation. When employees know that their safety and wellbeing are prioritised, they're more likely to feel valued and engaged. This sense of security can lead to increased productivity and job satisfaction.
Enhance travel practices
ISO 31030 empowers organisations to adopt best practices in travel risk management. By following the standard’s guidelines, you can ensure that your travel policies are up-to-date and effective. This not only improves safety but also enhances the overall travel experience for your employees.
Achieving organisational objectives
Adhering to ISO 31030 can increase the likelihood of achieving your organisation’s objectives. Effective travel risk management ensures that your business operations run smoothly, even when employees are on the move. This continuity is vital for maintaining productivity and achieving long-term goals.
Regular risk assessment and management
ISO 31030 emphasises the importance of regular risk assessment and management. By continuously evaluating potential travel risks, organisations can stay ahead of emerging threats and adapt their strategies accordingly. This proactive approach helps mitigate risks before they become significant issues.
Stakeholder confidence
Adhering to ISO 31030 can boost stakeholder confidence in your risk management strategies. When stakeholders see that you're committed to managing travel risks effectively, they're more likely to trust your organisation. This trust can lead to stronger partnerships and increased investment opportunities.
Identify opportunities and threats
ISO 31030 helps organisations identify both opportunities and threats related to travel. By understanding the risks and potential benefits, you can make informed decisions that align with your strategic objectives. This balanced approach enhances your ability to seize opportunities while mitigating risks.
Resource allocation for risk treatment
Effective risk management requires adequate resources. ISO 31030 provides a framework for allocating resources efficiently to address travel risks. By ensuring that you have the necessary tools and support, you can implement effective risk treatment measures.
Taking ownership of travel risk responsibilities
The standard encourages organisations to take ownership of their travel risk responsibilities. This accountability ensures that everyone understands their role in managing travel risks, leading to a more cohesive and effective approach.
The advantages of ISO 31030 extend beyond organisational benefits. Business travellers themselves stand to gain significantly from the standard’s implementation:
Enhanced safety and security
ISO 31030 ensures that travellers are well-protected, regardless of their destination. By adhering to the standard’s guidelines, organisations can create a safer travel environment, reducing the likelihood of incidents and emergencies.
Access to reliable information
Travellers benefit from access to reliable information about potential risks and safety measures. ISO 313030 encourages organisations to provide up-to-date information, empowering travellers to make informed decisions and take appropriate precautions.
Support during emergencies
In the event of an emergency, travellers can rely on the support provided by organisations adhering to ISO 31030. The standard outlines procedures for responding to crises, ensuring that travellers receive the assistance they need promptly.
At Travel Counsellors for Business, we can help you get the best out of your travel management policy – ensuring that it works for your business’ strategic objectives and your travellers. Speak to us today to learn more about how we can help you put care at the heart of your current business travel programme.
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