2022 Edition

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
  • Human resources consulting services
  • Marketing consulting services
  • Administrative and general management consulting services
  • Process, physical distribution, and logistics consulting services

2022 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 recruiting, referring, and placing applicants in employment are classified in Industry 56131, Employment Placement Agencies and Executive Search Services;
  • Establishments primarily engaged in advertising and public relations are classified in Industry Group 5418, Advertising, Public Relations, and Related Services;
  • 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;
  • Establishments primarily engaged in providing financial investment advice services are classified in Industry 52394, Portfolio Management and Investment Advice;
  • Establishments primarily engaged in arranging transportation of freight between shippers and carriers are classified in Industry 48851, Freight Transportation Arrangement; and
  • Establishments primarily engaged in operating warehousing and storage facilities and providing related logistics services are classified in Industry Group 4931, Warehousing and Storage.

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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