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Since the market is currently in a corrective mode, sector or industry group selection is likely to be a very important factor in putting together a buy list for when the current market decline is over.
FORBES: 4 Industry Groups Beating the S&P 500
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Every year, through an innovative public selection process, the Social and Human Sciences sector of UNESCO Brasilia Office selects projects submitted by NGOs.
UNESCO: OFFICE IN BRASILIA
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Hiring for Canada's public sector has been decentralised, allowing those who are closest to the job to make the selection.
ECONOMIST: Public-service careers
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As an example how the lower risk without sacrificing performance works, with a buy signal on the Transportation sector we bought the iShares Transportation ETF, symbol IYT, in December rather than a selection of individual transportation stocks.
FORBES: Swear Off Individual Stocks For Better Returns
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The company formed an evaluation team made up of 150 representatives from every sector of the company to, once again, make sure that each had a say about the selection of the provider.
CNN: Lockheed finally finds e-mail success
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The power of these rankings for candidate selection and receiving one of those ultimate six-figure job offers is well known among the legal sector.
FORBES: Should Law Schools Tell Applicants About The Dismal Jobs Picture?
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But in China I think that the gap is wider, certainly than it is in the States, and it's almost a case of natural selection where people come to a fork in the road in China and either go to the state sector or to the private sector.
WSJ: Managing in Asia: China Eyed as Next Educational Frontier; John A. Quelch: China Europe International Business School