How to Minimize Risk When Traveling for Business Internationally

How to Minimize Risk When Traveling for Business Internationally

By Richard Capuro – September 13, 2016

Travel risk management

Travel risk management is an important element in planning international business trips for your organization in today’s world. Any available resource that can be used to reduce risk involved in the trip abroad should be undertaken. Risks can vary greatly from region to region and can include weather-related events, security, political, medical, sanitary and food issues.

Research Your Destination

Having real-time access to news about your destination is critical. Planning for possible potential problems can include mapping the closest embassy, doctors, hospitals and police stations. If there is a natural disaster, a plan should be in place for contacting local government agencies for assistance.

Assess Potential Security Risks

When you have identified the potential security risks, they must be presented in detail to your travelers. It is essential that your team know the risks and feel comfortable with the preparations and measures you have put into place to assure their safety. If they do not feel at ease about the potential risks, they should not go. Each member of your team should know what to do if an incident arises; both individually and as a team.

Secure Transportation

Traveling to and within foreign countries can be the most dangerous part of your business trip. Kidnapping is a serious problem abroad, so knowing who you are dealing with is vital. It extremely important to vet the transportation companies, as well as knowing what specific routes will be taken, how dangerous they are and who else has this information. Background checks for chauffeurs and handlers are a must. The same goes for any security firms used. Firms that have a long business history and can supply references with verifiable customers should be retained, if possible.

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