Although based in London, the Games are due to take place in 34 venues across the UK, from Glasgow to Weymouth, and businesses are expected to be impacted by a large influx of visitors coming staying and travelling in the country.
A flexible working policy is considered crucial to reduce the disruption businesses may face during the Games, yet the survey found that just 22 percent of businesses have fully implemented a suitable policy. Moreover, nearly half of those who do not have a policy are not sure if they will be able to install one in time.
Meanwhile, 27 percent of businesses see flexible working as a temporary measure, planning to only have a policy in place up until the Games have finished.
In spite of the lack of preparation, 94 percent of businesses believe that a successful flexible working policy could help improve their business continuity.
In addition, despite a third of retailers expecting an increase in call centre volumes during the Games, just 44 percent have implemented the appropriate technologies to cope with the increase.