Peter Nygard Business Strengths
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.
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