Creating Your Holistic GRC Hub and Spoke Model | Blog

Advisors, private equity firms, large enterprises, and franchises have to maintain compliance at the top level and frequently manage GRC programs across multiple entities.

Maintaining compliance at the corporate level is hard enough. When enterprises and partners oversee GRC programs across multiple organizations, subsidiaries, or clients, keeping everything straight and visibility managed can be challenging.

This is where 6clicks Hub and Spoke comes in.

What Is 6clicks Hub & Spoke?

The brilliant minds at 6clicks developed the 6clicks Hub and Spoke approach to centralized GRC practices to help organizations manage a hierarchical business model. Hub and Spoke creates a bidirectional relationship between a parent organization and their respective entities, an advisor and their clients, or statewide governance over cities, for example.

What Are The Benefits?

Where do we even begin? This bidirectional data model allows for a truly holistic single-pane-of-glass view into a hierarchical GRC program.

Content management

• Content within the 6clicks library can be tailored and made available for each managed entity.

• Entities can manage their custom content within their 6clicks instance in addition to the standardized content provided by the CoE organization.

Clear segregation between entities

• Each entity can operate largely autonomously, adopting functionality at its own pace.
• Each team's data can be managed individually, including the team configuration, user access, and permissions.

'CoE' level management capabilities

• Users at the 'CoE' level can create templated entities with assessment templates, policies, risks, projects, and incident response playbooks to enforce a standardized approach to GRC.
• Users within the CoE team can access each entity's account as an advisor.
• Data from each entity team can be easily rolled up to the Center of Excellence for reporting.
• The CoE can initiate risk reviews to get a quick snapshot of risks within the entities at a board or senior executive level.

Who benefits from Hub & Spoke?

The 6clicks Hub and Spoke model works for so many different use cases and client types, such as:

• Organizations looking to manage subsidiaries, departments, or other entities with separate environments can facilitate corporate standards and enable entities to manage their own GRC programs independently.
• Franchises needing to assess and manage risk across all entities, both granularly and at the corporate level.
• Private equity firms that are managing risk and compliance across a portfolio of clients.
• Advisors, MSPs, and partners alike with a need to manage their service delivery offerings across a diverse client base.

Developing a holistic view of your organization's GRC program utilizing 6clicks creates immediate value and ROI for your organization. Leverage your first-mover advantage with a renewed governance, risk, and compliance approach.

Ready to start building your top-down approach to GRC? How about a whistle-stop tour with one of our 6clicks maestros? Easy, click the button below and let the good times roll.

All we want to do every day is make the world of GRC easier to manage. We can't do that without you, so we hope to hear from you soon!