Nonprofits understand the value of planning for worst-case scenarios when sending volunteers and relief workers internationally. The result is a plan centered around controlling risk often referred to as a Duty of Care Plan. And though having a Duty of Care plan is great, what can an organization do to take action in the event that a worse-case scenario occurs? The answer is enabling a Travel Risk Management solution (TRM). Whereas Duty of Care often refers to the planning centered around safe travel, a Travel Risk Management solution like Riskovery’s App can give an organization the resources they need to quickly provide assistance in the efforts to bring back volunteers or employees in the event of coming into contact with a threat.
In today’s increasingly uncertain world of volatile global health conditions, terrorism, civil unrest, natural disasters, and the international political environment, TRM is essential in mitigating risk and ensuring safety for entities of all sizes, especially nonprofits. Failing to manage risk jeopardizes relief workers and volunteers’ safety. In terms of business, failing to have a TRM solution could result in millions of lost dollars due to liability. Nonprofits can protect themselves by taking action. The first step is having a Duty of Care plan, the second step is enabling the right TRM solutions.
Travel Risk Management for Nonprofits
Nonprofit leaders generally agree that anticipating and adapting to increasingly complex risks in today’s global environment is more difficult than ever. Organizations report growing pressure from boards of directors to boost leadership’s role in risk oversight. Most nonprofits face a growing demand for transparency from donors and stakeholders, in addition to complying with new regulations requiring greater information disclosure. Beyond these immediate needs, nonprofit leaders and boards have a fiduciary duty to manage industry risk.
Nonprofit boards usually receive annual reports identifying major risks. Most organizations have Duty of Care plans to minimize their legal responsibility for averting travel risks. Overall, however, most nonprofits lack a comprehensive Travel Risk Management solution that is integrated into its Duty of Care Plan. This can be attributed in part to the misperception that the costs of a TRM outweigh the benefits, falsely assuming that one’s own nonprofit volunteers won’t encounter a risk necessitating a Travel Risk Management Solution.
The fact is that incorporating a Travel Risk Management solution makes a Duty of Care plan actionable and more importantly increases the chances that volunteers and non-profits get home safely.
A Travel Risk Management Solution for your Nonprofit: The Riskovery App
With a sophisticated and easy to navigate user interface, the Riskovery App proactively collects data through its proprietary application to ensure that when an incident occurs, employees have the greatest chance of receiving the support they need to get home. Upon receiving an alert, Riskovery immediately begins to re-establish communication with your team members or relief workers. Simultaneously, while communication is being re-established, the team analyzes data to determine where your team members are, if they are safe, and alternate methods for re-contacting. Once intelligence has been collected, Riskovery uses a proprietary process to recover employees and assets. By conducting steps in house instead of contracting out to a third party, valuable time is saved resulting in a greater chance of personnel recovery.
For more information on how your nonprofit can benefit from the Riskovery App, please visit: riskoverysolutions.com.