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Enterprise Risk Management (ERM)

Risk is Inevitable. Damage is Optional.

A strategic framework to identify threats before they impact your P&L.

Kenekt delivers enterprise risk management (ERM) consulting in Dubai, building COSO and ISO 31000-aligned frameworks for UAE businesses. We identify, assess, and mitigate the strategic, financial, and operational risks that threaten your business — and build the boardlevel risk dashboards that keep leadership in control before a crisis, not after.

Key Risk Areas

  • Strategic Risk: Failed market entry or competitor disruption.
  • Financial Risk: Liquidity shortages and currency fluctuations.
  • Operational Risk: Supply chain failure and human error.

From Chaos to Control

  • Identify: We conduct workshops to surface hidden risks across Strategy, Finance, and Operations.
  • Assess: We score every risk on a 5x5 Matrix (Likelihood vs. Impact). You see exactly which 5 risks threaten 80% of your business.
  • Mitigate: For each high-priority risk, we design a specific mitigation action — a new approval control, an insurance policy, a supplier diversification strategy, or a contractual clause. Every action has an owner and a deadline.
  • Monitor:We build a "Risk Dashboard" for the Board that tracks Key Risk Indicators (KRIs) in real-time.

Frequently Asked Questions

Profitability masks inefficiency. ERM protects your margins from external shocks, ensuring long-term resilience.Both are internationally recognized ERM frameworks. COSO is more structured and processoriented, widely used in corporate governance and internal control contexts — particularly in publicly listed companies. ISO 31000 is principle-based and flexible, suitable for businesses of any size and sector. We draw on both and tailor the approach to your organizational structure and maturity level.

A KRI is a metric that signals when a risk is moving toward an unacceptable level — before the damage occurs. For example, a KRI for liquidity risk might be 'Days Payable Outstanding exceeding 90 days.' When the KRI crosses its threshold, it triggers a management review — not a crisis response.
Abhijeet Sharma

Abhijeet Sharma

Senior Advisor, Risk Advisory Services, Kenekt

Chartered Accountant (ICAI) | 18 years: EY, KPMG, Grant Thornton, Mazars, MBG Corporate Services

Alan Peter Rajan

Alan Peter Rajan

Senior Manager, Transaction Advisory

MSc Financial Management, University of Manchester | MBA, Curtin University

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