Nicola Behrens’ Post

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Partner Network Specialist at Newland Chase

In the fast-paced world of business, where global connectivity is the norm, organizations frequently find themselves navigating the complexities of international travel. In this context, Travel Risk Management (TRM) emerges as a crucial component to ensure the safety and well-being of employees on the move. No event in recent history has reinforced the critical importance TRM more than the COVID-19 pandemic. When the world abruptly implemented travel restrictions, travel managers scrambled to locate and assist employees who were on the road. As business travel slowly resumed, these same travel managers established protocols to balance employee health with critical business needs. Even as COVID-era risk protocols have largely disappeared, TRM remains a priority in the business travel industry. Companies continue to incorporate lessons learned from the pandemic. However, they are not relying exclusively on their own experience for guidance. CIBT recently partnered with the Global Business Travel Association (GBTA) to undertake a comprehensive study of travel managers worldwide. Several key insights were uncovered from the study, the results of which can be found here. This article is the first in a series of articles for the CIBTvisas blog focussing on TRM. It provides the basis for a shared understanding of what TRM is all about, and why it has come to be of such importance in organizations. Read more here: https://ow.ly/532w30sBzgR

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