Risk identification process tend to encounter some mistakes and errors that makes organizations to do a considerably poor job in this procedure. Organizations should understand that what works for one organization might not work for another. Some organizations tend to use another company's process to identify their risks. This mistake reduces the efficacy of the risk identification process William, 2017). The process should be unique and aligned with the company's culture, environment, and the scope of inquiry. Another mistake is being reactive to an issue rather than proactive. Organizations should address an issue as soon as it is identified instead of ignoring it because it seems less damaging. Failure to use a methodical approach to identify risks leads to inefficiency. A risk identification should follow an approach instead of dealing with risks from thin air and jotting them on the table addressing them