Activities of head offices

NACE v2.1 Code: N70.1

About activities of head offices

NACE code 70.1, 'Activities of head offices', encompasses the operations of corporate, subsidiary, and regional managing offices. These central administrative units play a crucial role in the overall management and strategic direction of organizations, overseeing and coordinating the activities of their various business units and subsidiaries. As the nerve center of enterprises, head offices are essential for ensuring the efficient and cohesive functioning of companies across diverse industries and sectors.

Production process

The primary activities of head offices involve high-level decision-making, strategic planning, and the provision of centralized support services. This includes formulating and implementing corporate policies, managing financial resources, overseeing human resources, and coordinating the operational activities of subordinate establishments. Head offices leverage advanced management techniques, data analysis, and communication technologies to optimize organizational performance and drive growth.

Production inputs

The key inputs required for the 'Activities of head offices' industry include skilled managerial and administrative personnel, advanced information and communication technologies, financial resources, and access to relevant market data and industry intelligence. Head offices also rely on the outputs of various other NACE codes, such as 62.0 Computer programming, consultancy and related activities, 69.1 Legal activities, and 70.2 Management consultancy activities, to support their operations.

Production outputs

The primary outputs of the 'Activities of head offices' industry are strategic decision-making, policy formulation, and the provision of centralized management and support services to the various business units and subsidiaries within an organization. These outputs are then consumed by other NACE codes, such as 10.0 Manufacture of food products, 45.0 Wholesale and retail trade and repair of motor vehicles and motorcycles, and 86.1 Hospital activities, as the head offices coordinate and oversee the activities of these subordinate establishments.

Revisions to 70.1

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 70.1. The most recent 1 version of this code (70.1) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 70.1.

Older versions

Family tree for activities of head offices

    graph LR
    A["<a href='/classifications/nace/v2-1/N'>N: PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/N/70'>70: Activities of head offices and management consultancy</a>"]
B --> C["<a href='/classifications/nace/v2-1/N/70/1'>70.1: Activities of head offices</a>"]

    B --> D["<a href='/classifications/nace/v2-1/N/70/2'>70.2: Business and other management consultancy activities</a>"]

    C --> E["<a href='/classifications/nace/v2-1/N/70/10'>70.10: Activities of head offices</a>"]


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    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
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class B level2
class C level3
class D level3
class E level4

  class C highlight

  %% class A level1
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  %% class C highlight