Peter Nygard Business Strengths

While the 2018 series salutes fashion mogul Peter Nygård’s Golden Jubilee detailing his rags to riches story, his incredible business success over these past fifty years and an inside look at how he did it, The Clifton Review will also continue to address current affairs as they relate to the good of The Bahamas.

As a reminder, in the example from fashion mogul Peter Nygard’s business, the company’s strength back in the ‘80s wasthat they made a great—in fact, considered the best—polyester product.

Another strength for Nygard’s company was their internal process for product development that allowed them to produce a top notch product.

Nygard’s company weakness that he overcame was that his core product, even though the best on the market, was only one type at that time.

Read the full story here.