international industry 54161
Management Consulting Services
Overview
This industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations on management issues, such as strategic and organizational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices, and planning; production scheduling; and control planning.
The immediate parent of international industry 54161 is industry group 5416: Management, Scientific, and Technical Consulting Services
Illustrative Examples
- Actuarial, benefit, and compensation consulting services Marketing consulting services
- Administrative and general management consulting services Process, physical distribution, and logistics consulting services Human resources consulting services
2012 NAICS Edition Cross References
- Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics are classified in Industry 56111, Office Administrative Services;
- Establishments primarily engaged in providing executive search, recruitment, and placement services are classified in Industry 56131, Employment Placement Agencies and Executive Search Services;
- Establishments primarily engaged in administering, overseeing, and managing other establishments of the company or enterprise (except government establishments) are classified in Industry 55111, Management of Companies and Enterprises;
- Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration;
- Establishments primarily engaged in professional and management development training are classified in Industry 61143, Professional and Management Development Training;
- Establishments primarily engaged in listing employment vacancies and in selecting, referring, and placing applicants in employment are classified in Industry 56131, Employment Placement Agencies and Executive Search Services;
- Establishments primarily engaged in developing and implementing public relations plans are classified in Industry 54182, Public Relations Agencies;
- Establishments primarily engaged in developing and conducting marketing research or public opinion polling are classified in Industry 54191, Marketing Research and Public Opinion Polling;
- Establishments primarily engaged in planning and designing industrial processes and systems are classified in Industry 54133, Engineering Services;
- Establishments primarily engaged in planning and designing computer systems are classified in Industry 54151, Computer Systems Design and Related Services; and
- Establishments primarily engaged in providing financial investment advice services are classified in Industry 52393, Investment Advice.
Descendants
History
The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.
| Edition | Existed | Equivalent Value |
|---|---|---|
| 2002 | 54161 | |
| 2007 | 54161 | |
| 2012 | 54161 | |
| 2017 | 54161 | |
| 2022 | 54161 |
Standard Industrial Classification (SIC) Mappings
SIC Mappings are not available at the international industry level, a more specific code is required.
SIC mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
Insurance Industry Mappings
Mappings are not available at the international industry level, a more specific code is required.
Insurance industry mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
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